Payment Methods

Omnivoo automatically determines your payment method based on your company's billing country. US companies pay via ACH bank debit, while international companies pay via local bank transfer in their currency.

Payment Options at a Glance

Method	Who It's For	Processing Time	Setup Required
Bank Account (ACH)	US companies	1-3 business days	One-time bank connection via Stripe
Local Bank Transfer	International companies	1-3 business days	None -- transfer to Omnivoo's local bank account

How Your Payment Method Is Determined

Your payment method is determined automatically by the billing country you set during company onboarding:

• United States -- You pay via ACH bank debit (automated). You can also fall back to manual ACH transfer.
• All other countries -- You pay via local bank transfer in your currency. Omnivoo provides bank details matched to your region.

You do not need to choose a payment method manually. The correct option is shown automatically when you pay an invoice.

For US Companies: Bank Account (ACH)

Connect your US bank account for automated ACH payments. Funds are debited automatically when you approve a payment.

How it works:

1. Connect your bank account through Stripe's secure setup flow (one-time process).
2. When paying an invoice, select your connected bank account.
3. Funds are debited from your account and typically clear in 1-3 business days.

Best for: Recurring payments, payroll funding, and large invoices.

Connecting a Bank Account

See Bank Account Setup for the full step-by-step guide.

Setting a Default Bank Account

If you have multiple bank accounts connected:

1. Go to Settings > Payment Methods.
2. Find the bank account you want to set as default.
3. Click the three-dot menu next to it.
4. Select Set as Default.

The default account is pre-selected when paying invoices and funding payroll.

Disconnecting a Bank Account

To remove a connected bank account:

1. Go to Settings > Payment Methods.
2. Find the bank account you want to remove.
3. Click the three-dot menu next to it.
4. Select Disconnect.
5. Confirm the disconnection.

warning

You cannot disconnect a bank account that is currently the default payment method for an active payroll. Set a different default first, or switch to an alternative payment method.

Manual ACH (Fallback)

If you prefer to initiate the transfer yourself rather than using automated ACH debit:

1. When paying an invoice, select Manual Bank Transfer.
2. Omnivoo displays bank details (account number, routing number, reference code).
3. Log into your own banking portal and initiate a transfer using those details.
4. Click Payment Initiated to let the system know a transfer is on the way.
5. Omnivoo confirms receipt within 1-3 business days.

tip

Always include the reference code provided by Omnivoo when making a manual transfer. This ensures your payment is matched to the correct invoice automatically.

For International Companies: Local Bank Transfer

International companies pay by transferring funds to Omnivoo's local bank account in their currency. No account setup or connection is required.

How it works:

1. When paying an invoice, Omnivoo displays bank details matched to your currency.
2. Log into your banking portal and initiate a transfer using the provided details.
3. Return to Omnivoo and click Payment Initiated.
4. Omnivoo confirms receipt within 1-3 business days, and the invoice is marked as Paid.

Supported Currencies and Transfer Methods

Currency	Region	Transfer Method	Details Shown
EUR	SEPA countries	SEPA transfer	IBAN, BIC
GBP	United Kingdom	FPS / BACS	Account number, Sort code
CAD	Canada	EFT	Account number, Transit number, Institution number
AUD	Australia	BECS	Account number, BSB
SGD	Singapore	FAST	Account number, Bank code, Branch code
Other	All other countries	SWIFT	Account number, SWIFT/BIC code, Bank address

info

The bank details shown when you pay an invoice are specific to your billing currency. You always transfer in your local currency -- no currency conversion is needed on your end.

Managing Your Payment Methods

Viewing Connected Accounts (US Only)

Go to Settings > Payment Methods to see all your connected bank accounts. For each account, you will see:

• Bank name and masked account number (e.g., "Chase ****1234")
• Connection status (Connected or Disconnected)
• Default badge if it is your default payment method

When to Use Which Method

Scenario	Recommended Method
US company, recurring payroll	Bank Account (ACH)
US company, ACH not yet set up	Manual ACH Transfer
International company (any invoice)	Local Bank Transfer
Company policy requires bank-initiated transfers	Manual ACH or Local Bank Transfer