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.
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 available.
Additional information may be required from Risk to qualify for same-day funding.
Requirements:
25k limit of transactions per MID. Any amount exceeding this limit will be funded automatically.
Cutoff is 10:30AM ET.
Transaction Batch Date (Batch Cut-Off - 9:30PM ET) | Merchant Account Deposit Date (Before Batch Cut-off) | Merchant Account Deposit Date (After Batch Cut-off) |
|---|---|---|
Monday | Tuesday afternoon | Wednesday afternoon |
Tuesday | Wednesday afternoon | Thursday afternoon |
Wednesday | Thursday afternoon | Friday afternoon |
Thursday | Friday afternoon | Monday afternoon |
Friday | Monday afternoon | Monday afternoon |
Saturday | Monday afternoon | Monday afternoon |
Sunday | Monday afternoon | Tuesday afternoon |