You can add or edit your credit card or bank account information by going to the Payment Information page in the Profile section. To add a credit card or bank account, click on the “Add New Bank or Card” button to begin the process.
Adding a bank account gives you the option to submit payment for a gift by bank transfer (ACH). There are two methods to add and verify your bank accounts.
One method is to link with your financial institution. You can link an account instantly with approximately 5,000 financial institutions—representing more than 90 percent of bank accounts in the US.
The second method is to enter bank details manually. Through this method you use a highly secure process to enter your bank account details, then 1 -2 days later verify the transaction by confirming a micro-deposit to your account. After you verify the micro-deposit, the payment is completed and funds are debited from your account. To use this method, follow these steps:
Step 1: Select the “Add US Bank Account” option. Then select the link “Enter bank details manually instead”. Enter the routing number and the account number of your bank account.
Step 2: Watch your inbox for an email to arrive 1 – 2 days later with the subject line, “Verify your bank account for ASU Foundation”. This email includes a “Verify deposit” link and lets you know the micro-deposit has been made to your account.
Step 3: Access your bank account online (as you normally do) and find a deposit in the amount of $0.01 from ASU Foundation. In the memo/description line, look for the SM code. The code will start with “SM” and will be followed by four characters. Note: the four characters could be a combination of numbers and letters.
Step 4: Return to the “Verify your bank account for ASU Foundation” email. Click on the “Verify deposit” link in the email. Enter the SM code and click on the Verify button. If you have entered the SM code correctly you will see the message, “Thanks for your payment”.
