Microdeposit Display Enhancement

We’re excited to announce a new feature that enhances your transaction experience with Parallax. Starting today, users will be able to see microdeposits directly in their transaction history when setting up their Parallax accounts for deposits.

Microdeposit display:


 - Users can now view microdeposits in their transaction history, ensuring transparency and reducing the need to contact support for verification.


 - Each microdeposit will be clearly labeled with its source, such as "From JOHN DOE," to provide clarity on where the deposit originated.

Key Benefits:

1. Improved Transparency:
  - Easily verify microdeposits without needing to contact support, streamlining the account verification process.


2. User-Friendly Experience:
  - Clear labeling of microdeposits enhances user understanding and reduces confusion.


3. Seamless Integration:
  - Microdeposits will appear instantly after the initial page load, ensuring that users have the information they need without delays.

Frequently Asked Questions:

Q: What are microdeposits?
A: Microdeposits are small amounts of money transferred to your account to verify its existence and functionality. They are typically used during the account setup process.

Q: How will I know if I received a microdeposit?
A: Microdeposits will be displayed in your transaction history with the label "Microdeposit" along with the source.

Q: Will this affect my existing transactions?
A: No, this update is purely to improve visibility of microdeposits. All existing transactions will remain unaffected.

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