![]() As long as you stay below the daily batch limit of $25k, there are no holds, delays or hassles when receiving your funds. If you settle your batch by the cut-off time on Friday, you will receive your deposit into your account that same day. Same day funding has an advantage over next day funding when batching out on Fridays. Same day funding even works on the weekends. ![]() There are no special requirements for what bank account you choose to deposit to. If you meet the cut-off time, your batch deposit will arrive in your bank account before 5:00pm EST that same day. Process your batch as you normally do, at your point of sale or terminal, before the 6:00 am EST cut-off-time. Same day funding offers even faster deposits, in as little as 8 hours. To see if you qualify, call (800) 993-6300 now and speak to an account specialist. *Next day funding is not guaranteed for all merchant accounts. As long as you settle your batched transactions by the cut-off, you will see your funds available in your bank account by 5:00pm, the same day. To combat this issue and provide convenient services to all our merchants, we now offer same day funding with a cut-off time of 6:00am. If you operate a business that settles batches late at night or early in the morning, you will not benefit as much from next day funding, since the cut-off time is at 10:00 pm. Same day funding is the newest benefit offering for merchant services. How Is Same Day Funding Different Than Next Day? For more information regarding requirements for getting next day or same day funding, please call (800) 993-6300 now and speak to a merchant account specialist. Both same day and next day funding are added options to a merchant account and require meeting qualifications and have fees associated with them. But, unlike next day, settled batches done on Friday will be available on Friday with same day funding. Same day funding can be faster for merchants settling their processing batches between 10:00 pm and 6:00 am, but offers about the same overall speed benefits as next day funding. ![]() Is There Any Way To Get Faster Funding?įor merchants that require the fastest deposits and credits to their account but do not settle until after 10:00 pm, we now offer same day funding. There is no limit of batch sizes, so no holds, no delays, no hassle. And yes! Next day funding even works on Fridays and Saturdays, settle your batch by the cut-off time and your transactions will be deposited into your account and available for use by Monday morning. This special service is available regardless of which bank you choose for your deposits. If you meet the cut-off time, your processing money will show up in your bank account the following morning. Simply process your daily batch of transactions (by automation or manually as you prefer) before 10:00 pm Eastern. With Leap Payments next day funding, you can be paid in as little as eight hours.
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