ACH Authorization

You authorize Quickie and its payment processors to initiate ACH credit entries (to deposit funds) and ACH debit entries (to collect remittances of purchased receivables) to and from your designated operating account — the account where your business income lands, whether business-titled or (for sole proprietors) personal-titled — and every other account you link, connect, or place on file with us, at any time, including checking, savings, money-market, and brokerage or cash-management accounts (together, your “linked accounts”).

When you connect your bank through Plaid (or provide account details by statement, voided check, or account and routing numbers), every account you share becomes a linked account. Your signed RPA authorizes us to collect a remittance from any one or more linked accounts, individually or in combination — including splitting a single remittance across two or more linked accounts. If you place a debit card on file — at signing or later — your RPA also authorizes us to charge that card as a backup for amounts ACH debits do not collect.

Entries are originated under the Nacha Standard Entry Class code that matches the debited account’s titling: CCD entries for business-titled accounts, or PPD entries — authorized by your signed RPA — for consumer-titled accounts.

This authorization extends to any successor account you link, any servicing successor of Quickie, and any third party authorized by Quickie to assist with disbursement and collection (e.g. Plaid (Plaid Transfer) or our bank).

The disbursement amount, remit amount, remit frequency (typically weekly via ACH debit), and remit start date are set out in your signed RPA. Remit amounts may vary if (a) you and Quickie agree in writing to amend the RPA, (b) reconciliation rights under the RPA are exercised, (c) a holiday or weekend shifts the processing day, or (d) we offer a payment-relief or accommodation in writing.

A weekly remittance may be collected in one debit or several, on any calendar day, from any one or more linked accounts. For example, a $60 weekly remittance may be collected as $20 from one linked account and $20 from another; the uncollected $20 remains due and rolls forward. Amounts actually collected in any calendar week — across all linked accounts and cards combined — never exceed the amount you then owe under your RPA (the current weekly remittance, plus any prior uncollected remittances, plus disclosed fees), and never exceed your remaining balance.

If a debit is returned (for non-sufficient funds, account closed, or any other reason), you authorize us to:

• Re-present that returned debit up to two (2) additional times within one hundred eighty (180) days of the original entry’s settlement date — the maximum re-presentment Nacha rules allow.
• Collect any amount that remains uncollected through your other authorized entries: a later scheduled remittance (missed amounts roll forward and remain due), a debit you separately authorize after the return, a debit to another linked account under its own authorization, or a charge to a debit card on file. Each of these is a separate authorized entry — not a re-presentment of the returned debit — and is not limited by the two-re-presentment rule above.
• Initiate a debit for any returned-item fee or NSF fee disclosed in your RPA.
• Contact you about the failed debit by email, SMS, or phone.

You agree to keep at least one valid bank account — the account where your business income lands — linked at all times during the life of the receivable, and to notify Quickie at least three (3) business days in advance of any change in the account, routing number, or financial institution. Changing your bank account does not, by itself, terminate your obligation to remit purchased receivables.

You may revoke this ACH authorization at any time by sending written notice to legal@tryquickie.com (or ops@tryquickie.com) with the subject line “Revoke ACH authorization,” your business name, and your account number. To stop a specific scheduled debit, your notice must reach us at least three (3) banking days before that debit; your signed RPA states the same procedure.

Revocation of this authorization does not relieve you of your obligation under the RPA to remit the purchased receivables. After revocation, Quickie may collect the receivables by alternative methods, including wire, manual ACH push, or such other lawful means as the RPA permits, and may declare a default if you fail to do so.

ACH transactions are governed by the rules of Nacha (the National Automated Clearing House Association). For commercial (non-consumer) accounts, you generally have one (1) business day to notify your bank of an unauthorized or improperly originated debit and request a return. Consumer accounts have longer return windows under Regulation E. Contact your bank promptly with any questions about your specific return rights.

If you believe a debit or credit on your account was made in error or in an incorrect amount, contact us immediately at ops@tryquickie.com and your bank. We will investigate and respond consistent with applicable law and the RPA.

Questions about ACH or your remit schedule? Contact ops@tryquickie.com or message your funding specialist in the merchant portal. See also our Terms of Service and Privacy Policy.