Most small businesses receive credit card payments within one to five business days, depending on the processor’s funding schedule. Some providers offer faster deposit options for an additional fee.
Here’s what affects merchant account funding times:
- Processor cutoff times: If your business batches credit card transactions after your processor’s daily cutoff time, settlement may not begin until the next business day.
- Weekends and bank holidays: Transactions processed outside normal banking days often settle on the next business day.
- Funding speed options: Many payment processors offer next-day or same-day funding, shortening deposit times for an extra fee.
- Bank posting schedules: Even after settlement, your bank’s internal posting times can affect when money appears in your account.
- Merchant account risk reviews: New businesses or unusual transactions may trigger temporary holds while the processor verifies activity.
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