Skip to main content

Why do bank transactions and peer-to-peer (P2P) payments require supporting documentation?

Overview

Bank and peer-to-peer (P2P) payment records, such as Venmo, Zelle, Cash App, PayPal, or a bank or credit card transaction, can show that a payment was made, but they don't provide enough information to verify what was purchased or whether the expense is eligible under your benefit.

To review your expense, we may ask you to upload additional documentation that clearly identifies the goods or services you purchased.

Bank transactions

A bank or credit card transaction typically includes:

  • The merchant name

  • The transaction date

  • The amount paid

While this confirms that a payment was made, it doesn't include details about the goods or services purchased. Additional documentation helps us determine whether your expense is eligible under your benefit.

Examples of acceptable supporting documentation

Depending on your purchase, acceptable documentation may include:

  • Gym memberships: Membership agreement, enrollment confirmation, active membership verification, or your initial contract

  • Classes or programs: Registration confirmation or enrollment receipt

  • Services: Itemized invoice, appointment confirmation, or receipt

  • Retail purchases: An itemized receipt or other documentation that clearly describes the items purchased

Peer-to-peer (P2P) payments

Peer-to-peer payment services, such as Venmo, Zelle, Cash App, and PayPal, typically show:

  • The recipient

  • The payment date

  • The amount paid

These records confirm that money was transferred but don't identify what was purchased. Because of this, we'll need additional documentation to verify that the expense is eligible under your benefit.

Examples of acceptable supporting documentation

You can upload documents such as:

  • An itemized receipt (if available)

  • An invoice

  • An appointment confirmation

  • A registration or enrollment confirmation

  • Any other documentation that clearly identifies the goods or services purchased

Why is additional documentation required?

Payment records only confirm that a payment or transfer occurred; they don't show what was purchased. Supporting documentation helps us verify that your expense is eligible under your employer's benefit and allows us to process your reimbursement or transaction as quickly as possible.

Did this answer your question?