Security of Banking Information
When connecting your deposit account from your financial institution of choice, know that your data is maintained within the security boundaries of that financial institution and it is not being transferred or held in the Apaylo system.
By leveraging a regulated third-party service partner, Apaylo connects to your financial institution in an encrypted fashion, including handling any Two Factor Authentication you may have established with your financial institution. As a result, your banking information cannot be viewed from within Apaylo. Also, by leveraging this technology, we can provide strong assurances that users of Apaylo are legitimate users. For example, to initiate a transfer, a user must confirm their email address, as well as a phone number that is capable of receiving SMS.