Updating payment information to reactivate your Lyft Business account
Learn more about updating your payment information to reactivate your Lyft Business account and how to pay off outstanding balance in this article.
In this article, we'll cover:
What happens if my card on file fails?
If the payment card on file for your Lyft Business account fails, your account may be temporarily suspended until your overdue balance is paid.
You'll see a red warning banner in your Lyft Business Portal when your card fails. You must update your payment method and charge the balance with the new card to continue using your Lyft Business account.
If your organization continues to charge rides to the failing card after viewing the warning banner, your account will become temporarily suspended.
This suspension blocks members from requesting rides until the overdue balance is paid. The rider will receive one of the following error messages in the app:
- For direct billing: "Default payment method invalid. Please update or choose a new default payment method in the app."
- For Lyft Pass: "This Lyft Pass is currently unavailable. Contact your Lyft Pass administrator for more details."
My account has been suspended. How do I reactivate it?
If your account has been suspended due to a failing payment card, you'll see the following error message in a red banner at the top of the page upon logging in: This account is currently deactivated due to payment failure. Fix now
To update your payment information, select 'Fix now' to be taken to the 'Payments' page. Next, you'll see details on the overdue balance.
There are two ways to pay for the overdue balance:
- Fix the issue on the failing payment card
- Add a brand new payment card
Fix the issue on the failing payment card
To fix the issue on the failing payment card, we recommend trying one or both of the following:
- Re-entering the payment card information in the Lyft Business Portal
- Calling your bank to understand if they may be blocking charges on their end
To re-enter the payment card information:
- Select 'Billing' on the left navigation bar, then select 'Payments'
- Choose the payment card to open the payment details page
- Select 'Edit Card 'at the top of the page
- Re-enter the payment information for the failing card, including card number, expiration date, and CVC code
- Select 'Save'
Once you've either re-entered the payment card information or contacted your bank and resolved the issue with them, select 'Fix now' on the warning message at the top of the Portal.
This will take you to the 'Payments' page for the following steps:
- To pay your outstanding balance, select if you'd like to pay for your entire organization or by program. If you're only paying off specific programs, you will see an additional step of which programs you would like to pay for.
- Then select a new / updated payment method, and click 'Pay now'
- As our system verifies the payment card, the top banner will change from a warning message banner to: 'Verifying payment method. This usually takes about one minute per overdue ride payment.'
- Once the system verifies the payment card and the overdue balance is charged successfully, you'll see this message: 'Your payment has been processed'1. This payment method will also become the default payment method for any other Lyft Business products. Future rides will be charged to this payment card moving forward. Learn how to change payment methods for the products you use.
- If the payment card is not successful, you will need to contact your bank again or attempt to add another payment card to charge the balance