Point-of-sale payments are typically deposited to the center’s bank account the next business day after the date of the transaction. Any items posted before 7:00 p.m. (in your local time zone) count toward your daily total. Depending on the types of credit cards you process, the amount may be broken into more than one deposit*.

Beginning September 1, 2017

All point-of-sale credit card transactions from all card types (Visa, MC, Discover and AMEX) are deposited together. Fees are charged as a separate transaction on the 2nd business day of each month.

 

*Prior to September 1, 2017

Visa, MC and Discover AMEX
Typical number of days 1 business day. 1 business day.
How deposited? Single, combined deposit. Separate deposit.
Fees deducted from deposit? No. Full amount deposited. Fees charged separately. Varies. AMEX will sometimes deduct their fee from the deposit. For example, if AMEX payments totaled 1,000 and the fee was 2.5%, the amount deposited to your account would be 975.
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