Merchants on the Pro Plan can add their own NACH utility code to LotusPay, meaning that customers only see your name on their bank statements.
Click here to learn more about NACH utility codes.
If you'd like your customers to see only your name on their mandates and bank statements, you can use your utility code with LotusPay.
- If you have an existing NACH Utility Code: LotusPay will add this code to one of our sponsor banks. This will not disrupt your existing NACH Debit process with your sponsor bank.
- If you do not have an existing NACH Utility Code: LotusPay will apply for a new code for you and add it to one of our sponsor banks.