3 ms·
Do they? Balanced Payouts offers same-day ACH. Do funds captured from credit cards with Balanced Payments instantly enter a balance to fund an outgoing ACH with
by dangrossman 14y ago
Do they? Balanced Payouts offers same-day ACH. Do funds captured from credit cards with Balanced Payments instantly enter a balance to fund an outgoing ACH with Balanced Payouts? Credit card transactions don't settle instantly, they're typically batched nightly M-F. I would be surprised to hear they let you withdraw money they don't even have in hand yet.
- icelancer 14y ago[12:58] <kyleb_> Do you offer next-day payouts for credit card purchases? [12:58] <@jacobolus> kyleb_: yes, assuming I'm understanding you correctly [12:59] <@jacobolus> kyleb_: payouts go to bank accounts, and are next business day or same-day with wells fargo bank accounts [12:59] <kyleb_> I think so. Customer purchases $100 worth of things using a Visa on the website at noon PST. Those funds are disbursed to a bank account via ACH on the next day? [12:59] <@jacobolus> kyleb_: yep [12:59] <kyleb_> OK perfect. I wasn't sure if it was bank payments only that were processed next-day, or if credit cards were processed as well next-day [12:59] <kyleb_> Thanks a lot!
- deleted 14y ago[deleted]
- mahmoudimus 14y agoWe allow you to do this.