No. There's a misconception that money is immediately deposited into your merchant account once a transaction is authorized and captured. In fact, there's a m

No. There's a misconception that money is immediately deposited into your merchant account once a transaction is authorized and captured. In fact, there's a middle man called the merchant service provider which holds your funds and deposits them to your merchant account. They are contracted out by your bank. A transaction is sent through Authorize.net to the msp then through to the customer's bank.