Customize the description that displays on your user’s bank account statements.
There are two statement_display_name
fields in the API request body:
The purpose of these fields is to help your end users understand who is pulling or pushing money to their accounts. This field should contain the name of the company initiating the transaction.
Do not include payment descriptions in these fields. The info should be consistent for each party originating funds. This is important for avoiding payer/payee confusion and for and properly tracking the parties involved in a payment.
How It Works
When determining what information, if any, to pass in each optional field, we recommend asking yourself a few questions.
The purpose of this field is to provide information about the reason for a payment. If statement_display_name
explains who initiated a debit or credit, the account_statement_descriptor
explains why the transfer was made.
How It Works
There is one optional account_statement_descriptor
field in the API request body, and the value that you pass will appear on the bank account statement of both the source and destination account.
When determining what information, if any, to pass we recommend asking yourself this question:
Customize the description that displays on your user’s bank account statements.
There are two statement_display_name
fields in the API request body:
The purpose of these fields is to help your end users understand who is pulling or pushing money to their accounts. This field should contain the name of the company initiating the transaction.
Do not include payment descriptions in these fields. The info should be consistent for each party originating funds. This is important for avoiding payer/payee confusion and for and properly tracking the parties involved in a payment.
How It Works
When determining what information, if any, to pass in each optional field, we recommend asking yourself a few questions.
The purpose of this field is to provide information about the reason for a payment. If statement_display_name
explains who initiated a debit or credit, the account_statement_descriptor
explains why the transfer was made.
How It Works
There is one optional account_statement_descriptor
field in the API request body, and the value that you pass will appear on the bank account statement of both the source and destination account.
When determining what information, if any, to pass we recommend asking yourself this question: