The Future of Payments is with SnapRefund

The digital payment platform for businesses that moves money in seconds.

A Few of Our Partners

The Future of Payments is with SnapRefund

The digital payment platform for businesses that moves money in seconds.

A Few of Our Partners

The Future of Payments is with SnapRefund

The digital payment platform for businesses that moves money in seconds.

A Few of Our Partners

SnapRefund is Fast, Simple, and Secure

Stop being slowed down by direct deposit and paper check delays and send payments that settle in seconds: even on nights and weekends.

SnapRefund is Fast, Simple, and Secure

Stop being slowed down by direct deposit and paper check delays and send payments that settle in seconds: even on nights and weekends.

SnapRefund is Fast, Simple, and Secure

Stop being slowed down by direct deposit and paper check delays and send payments that settle in seconds: even on nights and weekends.

Instantly Settled Payments

From cancelable payments, to instant cash outs onto reloadable gift or debit cards, SnapRefund provides flexible and secure instant payments that meet people wherever they are.

Instantly Settled Payments

From cancelable payments, to instant cash outs onto reloadable gift or debit cards, SnapRefund provides flexible and secure instant payments that meet people wherever they are.

Instantly Settled Payments

From cancelable payments, to instant cash outs onto reloadable gift or debit cards, SnapRefund provides flexible and secure instant payments that meet people wherever they are.

User-friendly. Hyperscaled.

The simple and intuitive SnapRefund web app is battle-tested and ready for use on all devices: desktop, tablet, and mobile.

User-friendly. Hyperscaled.

The simple and intuitive SnapRefund web app is battle-tested and ready for use on all devices: desktop, tablet, and mobile.

User-friendly. Hyperscaled.

The simple and intuitive SnapRefund web app is battle-tested and ready for use on all devices: desktop, tablet, and mobile.

Goodbye expensive fees and subscriptions

Whether your business pays contractors, consumers, or sends claim payments, SnapRefund settles your payments faster and more flexibly than anyone else.

Goodbye expensive fees and subscriptions

Whether your business pays contractors, consumers, or sends claim payments, SnapRefund settles your payments faster and more flexibly than anyone else.

Goodbye expensive fees and subscriptions

Whether your business pays contractors, consumers, or sends claim payments, SnapRefund settles your payments faster and more flexibly than anyone else.

Send payments to any email address in the US

With nothing more than a person or business’s email address, you can send a payment to any new or existing SnapRefund user.

Send payments to any email address in the US

With nothing more than a person or business’s email address, you can send a payment to any new or existing SnapRefund user.

Send payments to any email address in the US

With nothing more than a person or business’s email address, you can send a payment to any new or existing SnapRefund user.

Sign up takes less than 60 seconds

With nothing more than a person or business’s email address, you can send a payment to any new or existing SnapRefund user.

Sign up takes less than 60 seconds

With nothing more than a person or business’s email address, you can send a payment to any new or existing SnapRefund user.

Sign up takes less than 60 seconds

With nothing more than a person or business’s email address, you can send a payment to any new or existing SnapRefund user.

Outbound payments for your business made simple

Step into the future of Digital Payments with SnapRefund

Step into the future of Digital Payments with SnapRefund

🚀 v1.2.0 Release 🚀

Our latest release features powerful UX and Security upgrades. 💪🏼 We now have full coverage of all US banks!! If you’re one of our users who connects a bank to your account, you’re now able to connect ANY bank in the US. That’s a lot of banks! This is thanks to our new micro-deposit flow. …

🚀 v1.2.0 Release 🚀 Read More »

About Us

Cody Eddings

CEO & Co-Founder

Cody Eddings is a lifelong entrepreneur, engineer, and massive nerd. Born and raised in St. Louis, he graduated from Lehigh University with a B.S. in Computer Engineering. Cody has deep experience as a Technical Founder, building and maintaining software apps for large and small companies alike. He founded and led development for GS Technologies: a startup that created GuitarSim, a 4.1+ star guitar simulator app on Google Play. Having experienced first-hand the gap in financial tools & literacy in the underbanked community, he has made it his life's work to empower everyone with cutting-edge fintech innovations and give them greater control over their money.

Anis Taylor

COO & Co-Founder

Anis Taylor, is the Co-Founder and COO of SnapRefund. With over 20 years experience in production and product development, Anis has been tasked with innovating the modern digital payments process. In addition, Anis serves as CEO of Higher Than 7 Productions: an entertainment company streaming content focused on music, movies, shows, sports, radio, and live events. Anis obtained a B.S. in Business Administration – Marketing from Bethune Cookman University.

About Us

Cody Eddings

CEO & Co-Founder

Cody Eddings is a lifelong entrepreneur, engineer, and massive nerd. Born and raised in St. Louis, he graduated from Lehigh University with a B.S. in Computer Engineering. Cody has deep experience as a Technical Founder, building and maintaining software apps for large and small companies alike. He founded and led development for GS Technologies: a startup that created GuitarSim, a 4.1+ star guitar simulator app on Google Play. Having experienced first-hand the gap in financial tools & literacy in the underbanked community, he has made it his life's work to empower everyone with cutting-edge fintech innovations and give them greater control over their money.

Anis Taylor

COO & Co-Founder

Anis Taylor, is the Co-Founder and COO of SnapRefund. With over 20 years experience in production and product development, Anis has been tasked with innovating the modern digital payments process. In addition, Anis serves as CEO of Higher Than 7 Productions: an entertainment company streaming content focused on music, movies, shows, sports, radio, and live events. Anis obtained a B.S. in Business Administration – Marketing from Bethune Cookman University.

About Us

Cody Eddings

CEO & Co-Founder

Cody Eddings is a lifelong entrepreneur, engineer, and massive nerd. Born and raised in St. Louis, he graduated from Lehigh University with a B.S. in Computer Engineering. Cody has deep experience as a Technical Founder, building and maintaining software apps for large and small companies alike. He founded and led development for GS Technologies: a startup that created GuitarSim, a 4.1+ star guitar simulator app on Google Play. Having experienced first-hand the gap in financial tools & literacy in the underbanked community, he has made it his life's work to empower everyone with cutting-edge fintech innovations and give them greater control over their money.

Anis Taylor

COO & Co-Founder

Anis Taylor, is the Co-Founder and COO of SnapRefund. With over 20 years experience in production and product development, Anis has been tasked with innovating the modern digital payments process. In addition, Anis serves as CEO of Higher Than 7 Productions: an entertainment company streaming content focused on music, movies, shows, sports, radio, and live events. Anis obtained a B.S. in Business Administration – Marketing from Bethune Cookman University.

FAQ

All verified users have the ability to send instant payments that settle in real time; 24/7, 365 days a year, even on nights, holidays, and weekends!

When a recipient chooses an instant cash-out the funds are transferred out of your wallet balance. The following has to be true for your recipients to see an instant option when they cash out your payments:

  • Your  wallet balance must be greater than or equal to the amount being cashed out by the recipient

For example, if you have a wallet balance of $100 and you send a payment of $70, your recipient will be offered both ACH and instant cash-out options.

  • When they choose instant your payment of $70 will immediately be deducted from your wallet balance and will settle in your recipients backing bank or reloadable gift card balance in a few seconds. Your remaining wallet balance is now $30
  • When they choose ACH the funds will be deducted from your default bank account that you added in Banks & Cards and will reach your recipient’s bank account within 3 to 4 business days.

 

In your Transaction History you’ll see all of the payments you’ve sent and received.

As your payments travel within SnapRefund you’ll find the status updates in real-time. There are six potential statuses:

  • Awaiting-sign-up
  • Awaiting-cash-out
  • In-transit
  • Settled
  • Canceled
  • Failed

Check out what each status means below.

Event

Payment sentSender cancels payment before cash outRecipient cashes outTransaction completed within banking or card networkTransaction failed within banking or card networkTransaction canceled within banking or card network

Payment Status

Awaiting-sign-up or Awaiting-cash-outCanceledIn-transit

Settled

Failed

           Canceled

All verified users, both business and personal, can send money on SnapRefund. Unverified users can receive money from anyone, but they can’t send payments.

Becoming a verified user is completely free, you simply need to answer Yes to the prompt below during sign up. Afterwards, you’ll be prompted to provide some additional info for us.

We collect this information to stay compliant with banking KYC and AML regulations.

For verified business users we collect the following during sign up:

  • Business name, address, EIN #, entity type
  • Controller name, email, address, date of birth, last 4 of SSN
    • In some cases we request a document upload of a controller’s photo ID

For verified personal users we collect the following during sign up:

  • First & Last name
  • Email
  • Address
  • Date of birth
  • Last 4 of SSN
    • In some cases we request a document upload of the user’s photo ID

In some cases, the financial institutions we partner with automatically flag accounts they were unable to identify automatically and they request a manual review of a user’s identification.

Not to worry, everything is okay! We simply need to have one of our identity verification partners verify that you’re you.

When uploading a picture of your government issued photo ID, license, or passport, keep the following in mind to avoid longer verification timelines:

  • All 4 Edges of the document should be visible
  • A dark/high contrast background should be used
  • At least 90% of the image should be the document
  • Should be at least 300dpi
  • Capture image from directly above the document
  • Make sure that the image is properly aligned, not rotated, tilted or skewed
  • No flash to reduce glare
  • No black and white documents
  • No expired IDs

Once you upload your document we’ll have it reviewed in anywhere from a few seconds to 2 business days. You’ll be notified when review is complete.

Your wallet is a digital store of value within SnapRefund; similar to a private bank account.

Your wallet is the source of funds for transactions that your recipients choose to be instant.

You can freely deposit or withdraw funds from your wallet at any time. Your deposits and withdrawals with your wallet take 2 business days on average to complete.

There are no fees to deposit into or withdraw funds from your wallet: it’s totally free, always!

Opting out of communication is easy!

Navigate to Preferences (click the hamburger menu tray if you’re on mobile).

From here, you can choose which communication channels are allowed.

FAQ

All verified users have the ability to send instant payments that settle in real time; 24/7, 365 days a year, even on nights, holidays, and weekends!

When a recipient chooses an instant cash-out the funds are transferred out of your wallet balance. The following has to be true for your recipients to see an instant option when they cash out your payments:

  • Your  wallet balance must be greater than or equal to the amount being cashed out by the recipient

For example, if you have a wallet balance of $100 and you send a payment of $70, your recipient will be offered both instant and ACH cash-out options.

  • When they choose instant your payment of $70 will immediately be deducted from your wallet balance and will settle in your recipient’s debit card or reloadable gift card balance in a few seconds. Your remaining wallet balance is now $30
  • When they choose ACH the funds will be deducted from your default bank account that you added in Banks & Cards and will reach your recipient’s bank account within 3 to 4 business days.

In your Transaction History you’ll see all of the payments you’ve sent and received.

As your payments travel within SnapRefund you’ll find the status updates in real-time. There are six potential statuses:

  • Awaiting-sign-up 
    • The recipient has received an email notification for their payment but they haven’t created their SnapRefund account yet
  • Awaiting-cash-out
    • The recipient has an account and has received email & in-app notifications for their payment but they haven’t cashed out yet
  • In-transit
    • The recipient has cashed out the payment and it is en-route within the banking system (for ACH cash-outs) or the card networks (for instant cash-outs)
    • Once a payment has reached this stage it is no longer cancellable 
  • Settled
    • The payment has reached the recipient’s chosen destination. Funds are available
  • Canceled
    • The sender has cancelled the payment. It can no longer be cashed out and it will disappear from the recipient’s Pending Payments
    • Canceled payments still show up in both the sender and recipient’s Transaction History
  • Failed
    • The payment failed within the banking system or card networks
    • Funds were not transmitted

All verified users, both business and personal, can send money on SnapRefund. Unverified users can receive money from anyone, but they can’t send payments.

Becoming a verified user is completely free, you simply need to answer Yes to the prompt below during sign up. Afterwards, you’ll be prompted to provide some additional info for us.

We collect this information to stay compliant with banking KYC and AML regulations.

For verified business users we collect the following during sign up:

  • Business name, address, EIN #, entity type
  • Controller name, email, address, date of birth, last 4 of SSN
    • In some cases we request a document upload of a controller’s photo ID

For verified personal users we collect the following during sign up:

  • First & Last name
  • Email
  • Address
  • Date of birth
  • Last 4 of SSN
    • In some cases we request a document upload of the user’s photo ID

In some cases, the financial institutions we partner with automatically flag accounts they were unable to identify automatically and they request a manual review of a user’s identification.

Not to worry, everything is okay! We simply need to have one of our identity verification partners verify that you’re you.

When uploading a picture of your government issued photo ID, license, or passport, keep the following in mind to avoid longer verification timelines:

  • All 4 Edges of the document should be visible
  • A dark/high contrast background should be used
  • At least 90% of the image should be the document
  • Should be at least 300dpi
  • Capture image from directly above the document
  • Make sure that the image is properly aligned, not rotated, tilted or skewed
  • No flash to reduce glare
  • No black and white documents
  • No expired IDs

Once you upload your document we’ll have it reviewed in anywhere from a few seconds to 2 business days. You’ll be notified when review is complete.

Your wallet is a digital store of value within SnapRefund; similar to a private bank account.

Your wallet is the source of funds for transactions that your recipients choose to be instant.

You can freely deposit or withdraw funds from your wallet at any time. Your deposits and withdrawals with your wallet take 2 business days on average to complete.

There are no fees to deposit into or withdraw funds from your wallet: it’s totally free, always!

Opting out of communication is easy!

Navigate to Preferences (click the hamburger menu tray if you’re on mobile).

From here, you can choose which communication channels are allowed.

FAQ

All verified users have the ability to send instant payments that settle in real time; 24/7, 365 days a year, even on nights, holidays, and weekends!

When a recipient chooses an instant cash-out the funds are transferred out of your wallet balance. The following has to be true for your recipients to see an instant option when they cash out your payments:

  • Your  wallet balance must be greater than or equal to the amount being cashed out by the recipient

For example, if you have a wallet balance of $100 and you send a payment of $70, your recipient will be offered both ACH and instant cash-out options.

  • When they choose instant your payment of $70 will immediately be deducted from your wallet balance and will settle in your recipient’s debit card or reloadable gift card balance in a few seconds. Your remaining wallet balance is now $30
  • When they choose ACH the funds will be deducted from your default bank account that you added in Banks & Cards and will reach your recipient’s bank account within 3 to 4 business days.

In your Transaction History you’ll see all of the payments you’ve sent and received.

As your payments travel within SnapRefund you’ll find the status updates in real-time. There are six potential statuses:

  • Awaiting-sign-up 
    • The recipient has received an email notification for their payment but they haven’t created their SnapRefund account yet
  • Awaiting-cash-out
    • The recipient has an account and has received email & in-app notifications for their payment but they haven’t cashed out yet
  • In-transit
    • The recipient has cashed out the payment and it is en-route within the banking system (for ACH cash-outs) or the card networks (for instant cash-outs)
    • Once a payment has reached this stage it is no longer cancellable 
  • Settled
    • The payment has reached the recipient’s chosen destination. Funds are available
  • Canceled
    • The sender has cancelled the payment. It can no longer be cashed out and it will disappear from the recipient’s Pending Payments
    • Canceled payments still show up in both the sender and recipient’s Transaction History
  • Failed
    • The payment failed within the banking system or card networks
    • Funds were not transmitted

All verified users, both business and personal, can send money on SnapRefund. Unverified users can receive money from anyone, but they can’t send payments.

Becoming a verified user is completely free, you simply need to answer Yes to the prompt below during sign up. Afterwards, you’ll be prompted to provide some additional info for us.

We collect this information to stay compliant with banking KYC and AML regulations.

For verified business users we collect the following during sign up:

  • Business name, address, EIN #, entity type
  • Controller name, email, address, date of birth, last 4 of SSN
    • In some cases we request a document upload of a controller’s photo ID

For verified personal users we collect the following during sign up:

  • First & Last name
  • Email
  • Address
  • Date of birth
  • Last 4 of SSN
    • In some cases we request a document upload of the user’s photo ID

In some cases, the financial institutions we partner with automatically flag accounts they were unable to identify automatically and they request a manual review of a user’s identification.

Not to worry, everything is okay! We simply need to have one of our identity verification partners verify that you’re you.

When uploading a picture of your government issued photo ID, license, or passport, keep the following in mind to avoid longer verification timelines:

  • All 4 Edges of the document should be visible
  • A dark/high contrast background should be used
  • At least 90% of the image should be the document
  • Should be at least 300dpi
  • Capture image from directly above the document
  • Make sure that the image is properly aligned, not rotated, tilted or skewed
  • No flash to reduce glare
  • No black and white documents
  • No expired IDs

Once you upload your document we’ll have it reviewed in anywhere from a few seconds to 2 business days. You’ll be notified when review is complete.

Your wallet is a digital store of value within SnapRefund; similar to a private bank account.

Your wallet is the source of funds for transactions that your recipients choose to be instant.

You can freely deposit or withdraw funds from your wallet at any time. Your deposits and withdrawals with your wallet take 2 business days on average to complete.

There are no fees to deposit into or withdraw funds from your wallet: it’s totally free, always!

Opting out of communication is easy!

Navigate to Preferences (click the hamburger menu tray if you’re on mobile).

From here, you can choose which communication channels are allowed.

Stay In Touch