Financing of Swipe

It is not yet possible to finance your company's Swipes

Thomas Qvist avatar
Skrevet af Thomas Qvist
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It is not yet possible to finance your company's Swipes. Therefore it is your responsibility to make sure that you have a sufficient amount of liquidity to finance the Swipes that your employees make. If your there is not sufficient liquidity on your company's bank account to finance the Swipes of your employees, your bank will simply reject the transaction and you will have to transfer the money manually.

If you are not sure whether or not your liquidity is sufficient for you to activate the Swipe-feature, you can, however, via. the Swipe-settings, make sure that you will never approve employees' Swipes automatically. Instead you will have to approve each Swipe manually. This will, however, give your employees a non-fully utilized experience of Swipe , since the employees will not know when the money will arrive on their bank accounts.

Currently we are working on a solution giving your company the opportunity to finance Swipes on an ongoing basis with repayment of the financing by the end of the current month.

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