If you use Verizon Wireless, you could have seen an enigmatic charge on your bank statement that says “ACHMA VISB BILL PAYMENT” or “ACHMA visa bill payment” or “ACHMA VISB BILL PYMNT.”
Though it may seem like a perplexing payment label, we’re here to explain its meaning and operation.
The ACHMA VISB BILL PAYMENT is what?
The code Verizon Wireless uses to take money out of a bank account to pay a customer’s wireless bill is ACHMA VISB BILL PAYMENT/ACHMA VISB BILL PYMNT. And “ACHMA” is an acronym for “Automated Clearing House (ACH) Merchant Authorization Visa (VIS) Bill Payment.”
Transfers of money between bank accounts and electronic payments are handled via the Automated Clearing House (ACH) payment processing network. Banks and other financial organizations send funds between accounts via the ACH network, like when you set up an automatic bill payment or direct deposit.
The kind of debit card or bank account being used for payment is indicated by the Merchant Authorization Visa (VIS) part of the code. It means that in this instance the bill was paid using a bank account or Visa debit card.
Why is it marked BILL PAYMENT ACHMA VISB?
Though this term may appear ambiguous and opaque, it is really a reflection of the technical constraints of payment processing. A customer’s bank statement has a set amount of characters allocated to each payment processor or merchant to identify the payment. This is the source of the acronym.
Though it might not be immediately apparent to customers, Verizon Wireless has chosen to use this acronym to designate its payment on bank accounts. This payment is a valid one that the customer has authorized.
The mechanism is as follows.
You must establish a payment option through your Verizon Wireless account in order to pay your bill with ACHMA VISB BILL PAYMENT.
Use the My Verizon app or the Verizon Wireless website to complete this online. Credit or debit card payments as well as bank account linkage are options.
Following your payment method setup, Verizon Wireless will automatically deduct the amount of your bill from your selected account each month (similar to an automatic bank draft). This is a practical approach to guarantee timely payment of your account without having to remember to do it each month.
Achiever Visb Payment of Bill
Achivr Visb Bill Payment is a code used by Verizon Wireless to take money out of a customer’s bank account to pay their wireless bill, same like ACHMA VISB BILL PAYMENT.
Even while “Achivr” and “ACHMA” may not sound the same, they both relate to the same Automated Clearing House (ACH) Merchant Authorization Visa (VIS) Bill Payment procedure.
Achivr Visb ACH Debit Bill Payment 190311
An ACH debit transaction specifically used to pay a Verizon Wireless bill is “ACH debit Achivr Visb Bill Payment 190311″.
A unique identification, “190311” can be the date of the transaction or a reference number linked to that particular transaction. Using this information, Verizon Wireless and customers can monitor and recognize particular transactions.
Sometimes Asked Questions (FAQs)
You could find some of the questions we have included here fascinating.
Paying an ACHMA visb bill is what?
When Verizon Wireless debits funds from a bank account to pay off a customer’s wireless bill, it uses the reference code “ACHMA VISB BILL PAYMENT” or “ACHMA VISB BILL PYMNT.” With “ACHMA” standing for the ACH process and “VISB” for Visa, this code is an acronym for “Automated Clearing House (ACH) Merchant Authorization Visa (VIS) Bill Payment.”
The ACHMA VISB BILL PAYMENT is it a valid payment?
Indeed, Verizon cellphone pulls money from a bank account using this legal method to cover a customer’s cellphone bill.
Why is it labeled ACHMA VISB BILL PAYMENT?
All that this statement represents is the technical constraints of payment processing. Limited characters are allocated to each payment processor or merchant to identify the payment on a customer’s bank statement.
Can my Verizon Wireless payment have a different label?
Regretfully, consumers are unable to select the label for their Verizon Wireless payment that shows on their bank statements.
Can a payment mark ACHMA VISB BILL PAYMENT not appear on my bank statement, what can I do?
Your bank statement may have a payment marked ACHMA VISB BILL PAYMENT that you don’t recognize. It might have been made in error. This payment was probably made to pay your wireless bill, though, if you are a Verizon Wireless user. If you would still like further information, get in touch with Verizon Wireless customer support.
I have other invoices to pay; may I utilize ACHMA VISB BILL PAYMENT?
It is a payment descriptor that shows up on bank statements and relates especially to checks used to pay Verizon Wireless. It cannot, therefore, be used to pay off any debts or costs unconnected to Verizon Wireless. You will have to utilize an other platform or payment method if you need to pay other payments or fees.
Paying the achivr visb bill is what?
Achivr Visb Bill Payment is the code Verizon Wireless uses to take money out of a customer’s bank account to pay their wireless bill.
What is 190311, ACH Debit Achivr Visb Bill Payment?
“ACH Debit Achivr Visb Bill Payment 190311” designates a particular ACH debit transaction with the alternate label “Achivr Visb Bill Payment” for a Verizon Wireless bill payment. The unique identification “190311” may stand either a transaction date or a distinct reference number for that specific transaction.
Finally, the verdict
Furthermore, you can attempt to pay your bills utilizing other ways that offer more thorough information if you want to prevent any misunderstanding in the future. For instance, using a credit card to pay your payment often yields more specific transaction details, such as the name and phone number of the company.
All things considered, ACHMA VISB BILL PYMNT or ACHMA VISB BILL PAYMENT is a popular acronym for Verizon Wireless bill payment made by electronic check; it is often written “ACHMA visa bill payment.”
Verizon Wireless does use this payment mechanism, however the shortened term could be unfamiliar and perplexing. If you would want further information regarding your ACHMA VISB BILL PYMNT transaction, it is always advisable to get in touch with Verizon Wireless or your bank.
