Typical Uses: One-time PPD transactions are often used as part of a contract when a customer is making a single payment for products or services rendered. For example:
Paying for a year of service in advance when a service contract is signed.
Making a major purchase such as furniture, art, or a used vehicle.
Placing an order for a product or service that will be billed in full on a future date.
Have your customer sign and date a form that includes the amount of the payment, the date the payment is to be processed, and the bank account from which the payment is to be debited.
Keep this form on file, stored digitally or in paper form, for two years.
One-time ACH Payment Authorization Form
Use this form to authorize a ONE-TIME payment.