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How to freeze a business account
Updated over a week ago

Why You Should Freeze Your Business Account

If you observe any potential security breaches or fraudulent actions, whether it’s related to your account details or monetary transactions, Admin users can freeze the Aspire business account immediately.

By freezing your account, you can prevent large-scale losses from your account and protect sensitive business information.

During the process, our Support Team will diligently investigate and resolve the issue before unfreezing your business account.

Steps on freezing the business account

  1. On your Aspire dashboard, go to "Settings" in the upper right corner and select "Security" (web app). On the mobile app, go to "Account", choose "Settings", and then select "Security".

  2. Select "Freeze business account"

  3. Select the business(es) you want to freeze and place the reason why you are freezing your account, then hit "Next"

  4. Place the 4-digit OTP sent to your registered email address

  5. Click "Yes, confirm" as a final confirmation of this action, and that's it!

What happens after you freeze your business account?

Upon freezing your business account, a banner will appear on your Dashboard, visible to all users of the Aspire account. Moreover, an email confirmation will be sent to all users informing them of this action.

Our Support team will contact you shortly to process the investigation.

Additionally, certain actions will be restricted when your business account is frozen:

  • All existing cards will be frozen and no new cards and budgets can be created.

  • All outbound transfers including scheduled transfers and currency conversions will be

  • blocked.

  • API access will be blocked.

  • All user roles will be downgraded with limited access until the account is unfrozen.

  • Adding new users and business accounts will be blocked.

  • QRIS payments will be blocked.

  • Inbound transfers including payment gateway will not be affected.

Nevertheless, Inbound transfers including payment gateway will not be affected.

Note: After reporting a fraudulent card transaction in-app, you can be redirected to the free business account page as well by clicking "Go to settings".

Questions? Chat with us by clicking on the messenger icon at the bottom right of the screen once you are logged in.

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