Settlement Timelines
Zirtue Pay moves funds end-to-end directly from the Lender's bank account to the Borrower's billing account.
Here’s what you can expect when it comes to settlement timing:
Transaction Type | Settlement Timeline | Details |
Repayments (Debit → Debit) | Instant | Loan repayments between borrowers and lenders are typically processed and reflected immediately. |
Bill Payments (Debit → Biller / ACH) | 3–5 business days | Payments to billers may take a few business days to fully process. Timing can vary depending on the biller’s posting schedule — even if the biller receives funds on Monday, it might not appear on your billing account until Tuesday or Wednesday. |
Service Fee
Zirtue Pay charges a 5% service fee on each loan.
Please note that this fee helps cover the cost of managing secure disbursements, repayment automation, and fraud protection.
The service fee is paid to Zirtue by the lender.
The Lender is repaid for the service.fee + the principal amount by the borrower over time.