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Help CenterEnglishStripe x RespaidWhy is it imperative to have a connected account in order to benefit from the Respaid collection or recovery services?

Why is it imperative to have a connected account in order to benefit from the Respaid collection or recovery services?

Last updated February 18, 2024

To take full advantage of our collection or recovery services, it is essential to create a connected account.

Why is it imperative to have a connected account in order to benefit from the Respaid collection or recovery services?

One of the fundamental steps in creating this account is to set up the bank account where funds will be deposited in the event of successful collection or recovery. When you create a connected account, you have the option to provide your bank account information so that the recovered funds can be transferred directly to this account. This greatly simplifies the recovery process and enables you to receive the funds quickly and efficiently.

Banking information security :

Why is it imperative to have a connected account in order to benefit from the Respaid collection or recovery services?

Security is a major concern when it comes to sharing bank information online. Respaid understands this concern and takes measures to ensure the security of your sensitive information. By creating a connected account, you can securely set up your bank account. We use advanced security protocols to encrypt the data and safeguard it against unauthorized access. This gives you the peace of mind you need to use collection or recovery services with confidence.

Starting a collection :

Why is it imperative to have a connected account in order to benefit from the Respaid collection or recovery services?

Without a connected account, it is not possible to start a collection or recovery process with Respaid. By having a connected account, you gain access to a convenient and efficient platform to track your payments in real-time.

Once you have completed and finalized your registration, you need to set up your connected account by following the steps provided on the page :

Why is it imperative to have a connected account in order to benefit from the Respaid collection or recovery services?

💡Useful Article:  Is It necessary to create a new connected account even if we already have an existing account? 

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