Same-day transactions are funded the day after the transaction was processed (assuming 100% daily disbursements is setup) as long as the requirements listed below are met.
Merchant can usually expect the money to hit their bank account the morning after the deposit. Exact timing on when the money hits the merchant account can vary depending on when the processor settles and releases the funds to Payrix. Merchant can expect that by end of day on the deposit date to have those availablemay be delayed if the merchant’s bank delays the release.
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Additional information may be required from Risk to qualify for same-day funding. |
Requirements:
25k $1MM limit of transactions per MID. Any amount exceeding this limit will be funded automatically.
Cutoff is 10:30AM ET.
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Note: While the limit is $1MM, Payrix Risk will make the determination of the actual limit amount for specific merchants. |
Transaction Batch Date (Batch Cut-Off - 9:30PM ET) | Withdrawal/Payout Date (Withdrawal Cut-Off - 6PM ET) | Merchant Account Deposit Date (Before Batch Cut-off) | Merchant Account Deposit Date (After Batch Cut-off) |
|---|---|---|---|
Monday | Tuesday | Tuesday afternoon | Wednesday afternoon |
Tuesday | Wednesday | Wednesday afternoon | Thursday afternoon |
Wednesday | Thursday | Thursday afternoon | Friday afternoon |
Thursday | Friday | Friday afternoon | Monday afternoon |
Friday | Monday | Monday afternoon | Monday afternoon |
Saturday | Monday | Monday afternoon | Monday afternoon |
Sunday | Monday | Monday afternoon | Tuesday afternoon |
| Child pages (Children Display) |
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