How It Works
Paying for educational software with ACH bank transfer is simple, secure, and fast. Here's everything you need to know.
The Process
Four simple steps to get licensed.
Browse & Select Software
Explore our catalog of educational software titles. Each product is carefully selected for college students across all major fields — from engineering to design, development to statistics.
Receive Virtual Bank Account Details
Once we create a payment request, Stripe generates a unique virtual bank account number specifically for your transaction. This includes a routing number, account number, and a reference code.
Send ACH Transfer from Your Bank
Log into your personal bank's online portal or mobile app. Initiate an ACH transfer (often called "electronic transfer" or "bill pay") using the virtual account details provided. Include the reference code in the memo field.
License Activation
When Stripe detects the incoming funds, the payment is automatically reconciled against your invoice. We then activate your software license and send confirmation with download instructions.
Important Information
Key details about ACH bank transfer payments through Stripe.
Settlement Timing
ACH transfers typically arrive within 1-3 business days. Domestic wire transfers (Fedwire) settle the same day if sent before the bank's cutoff time.
Overpayments & Underpayments
If you send more than the invoice amount, the excess stays in your customer balance for future payments. If you send less, the payment remains open until fully funded.
Security
All payments are processed by Stripe, a PCI Service Provider Level 1. Your bank account details are never shared with us — only the virtual account number is visible.
Automatic Reconciliation
Stripe automatically matches incoming transfers using the reference code and amount. This means your payment is applied instantly without manual intervention.
Digital Invoices
Every transaction generates a professional digital invoice with full bank transfer instructions, reference codes, and payment status tracking.
International Transfers
International wire transfers (SWIFT) are also supported. These typically arrive within 1-5 business days and may incur additional fees from intermediary banks.
Frequently Asked Questions
Common questions about ACH bank transfers and our platform.