Back to top

What is an Approval ID?

Last updated July 26th, 2023


The Approval ID is a billing approval ID used with a financial institution’s unique billing system to approve a loan payment. Instead of an IMEI, an approval ID is also used to distinguish customers. If a carrier is using an IMEI, they do not necessarily need to consider an approval ID. That is why this field is optional.

Additional information

Back to KBAs

Is this page helpful?