Sep 27, 2025

Simplified account funding has arrived

1 min read

Gen

This week, we’re excited to introduce just in time funding to Folio Pay!

As a reminder, with Folio Pay you can pay your bills directly from Folio, not just process bills. Now, when you schedule a payment in Folio, Folio pulls funds from your connected funding source in that moment.

The benefit? You do not need to have pre-funded your Folio account. Also, reconciling payments between Folio and your external bank account are a breeze.

We’re grateful for your feedback, and excited to continue to build for you!

Other updates this week

Pay: We’ve made it faster and easier to retry account verification when connecting funding accounts
Buy: Guides have been given a big performance boost when building, editing, or shopping.
Manager: Resolved bug when editing order cutoff times.

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Email us: support@folio.co

3600 North Duke St #1197 Durham, NC 27704

Text us: +1 855 943 4102

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Folio Commercial Prepaid Mastercard is issued by Patriot Bank, N.A., Member FDIC, pursuant to a license from Mastercard International and may be used everywhere Mastercard is accepted. Mastercard is a registered trademark of Mastercard International Incorporated. Patriot Bank, N.A., is the Originating Depository Financial Institution for ACH services related to the prepaid accounts.

IMPORTANT INFORMATION FOR OPENING A NEW ACCOUNT: To help the federal government fight the funding of terrorism and money laundering activities, the USA PATRIOT Act requires us to obtain, verify, and record information that identifies each person who opens an Account.

WHAT THIS MEANS FOR YOU: When you open an Account, we will ask for your name, address, date of birth, and your government ID number. We may also ask to see a copy of your driver's license or other documents at any time. All Accounts are opened subject to our ability to verify your identity by requiring acceptable types of identification. We may validate the information you provide us to ensure we have a reasonable belief of your identity. If we are not able to verify your identity to our satisfaction, we will not open your Account or we may close the Account if it was previously funded. Your Account is subject to fraud prevention restrictions at any time, with or without notice.