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Funding and Billing Schedule

Information on when funds are deposited into your bank account and processing fees collected for settled transactions.

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Written by Judy Stout

Funding schedules

Next-day funding

For ReadyPoint, the automated batch time is set to 6 p.m. CDT. If your batch time remains at or before 6 p.m. CDT, funds are deposited into your bank account the next business day.

Transactions settled on...

Funds deposited on…*

Monday

Tuesday

Tuesday

Wednesday

Wednesday

Thursday

Thursday

Friday

Friday, Saturday, and Sunday

Monday

* Deposits are delayed by one business day when your bank is closed for a holiday.

* If transactions are processed after 6 p.m. CDT, they are included in the following day's batch.

To change your batch time, contact Support via chat.

Two-day funding (standard payment schedule)

If your automatic batch time is changed to any time after 6 p.m. CDT, we'll deposit funds into your bank account within two business days (48 hours).

Transactions settled on...

Funds deposited on…*

Monday

Wednesday

Tuesday

Thursday

Wednesday

Friday

Thursday

Monday

Friday, Saturday, and Sunday

Tuesday

* Deposits are delayed by one business day when your bank is closed for a holiday.

Billing schedules

Daily discount billing (standard billing schedule)

If you are enrolled in daily discount billing, we will collect our processing fees from each day's settled transactions before we deposit funds into your bank account.

End-of-the-month billing

If you are enrolled in end-of-the-month billing, we will collect the total amount of all processing fees at the end of each month. Our withdrawal will post to your account at the beginning of the following month, which is normally on the second or third day.

If you are interested in Daily Discount billing, contact Support via chat.

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