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Adding a prepaid credit card insurance/EAP payment

Adding a prepaid credit card insurance/EAP payment

Sometimes Insurance Companies or EAPs will pay you in the form of a prepaid credit card, and you can still add this as an insurance payment. We don't recommend adding this as a Stripe Credit Card Payment because you'll be charged the Stripe transaction fee.

Instead of running this as a client Stripe payment, here's what we recommend:

Add your payment as an insurance payment. In the Check number, add the last 4 digits of the credit card number. Then add the payment as normal.

If you receive electronic Payment Reports from this payer, the payment will already be entered into the system so you won't need to add this payment manually.

We recommend holding onto the prepaid card to use towards office expenses, etc. It will still be recorded as part of your income since it's added as an insurance payment, and you'll still get to use the entire balance of the card.

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