PracticeQ Payments: Why is my Account Under Conditional Approval?
When you apply for PracticeQ Payments, you may receive a notice that your account is in "Conditional Approval" status. Here is what that means.
- An account will be conditionally approved when there is a pending verification document with the processing team.
- The processing team may still be reviewing a document from your application, or has requested a document not previously included in your application.
- PracticeQ Support will be in contact with your practice to let you know the document status or which document is still required.
- While you are in Conditional Approval status, you can process payments, but the payments will not settle/fund to your bank account.
- If you do not address your conditionally approved account within 30 days, your PracticeQ Payments application will expire.