A saved connection, not an account number
An EBOKey is a secure saved bank connection. EBO does not store your customers’ account numbers. The customer connects once, then uses their EBOKey when approving a later payment.
The first time and the next time
In the fictional Northline Plumbing example, Alex Sample connects a bank and approves a repipe deposit. For a later payment, Alex uses an EBOKey to approve in one click instead of repeating the initial bank-connection step.
Approval is still part of the process
One click means the returning customer approves the payment. It does not mean the business can skip approval, and it does not make a bank payment guaranteed.
Keep the return window in view
Bank payments can be returned, including for insufficient funds. A return can take up to 5 days; most arrive within 3. For scheduled contractor work, take the deposit and start the job a week or more later.