Transaction Processing Can Take a Few Days

by ccprocessing on November 1, 2011

Did you know that transaction processing time can vary from bank to bank? Your regular customer George might come in on Monday and buy something that costs about $1200. It goes through just fine – George is a dependable customer – and the next day you can go online and see it listed as one of the pending transactions.

But when do you get to see the money actually hit your bank account?

This is one of the subjects that you should discuss when you are choosing a merchant account bank. In general, it will take 3-4 days for the funds to be available in your bank, but it can vary. And, when you are talking about $1200, even minus the interchange fees and so forth, and your electric bill is coming due, that one day might just make a difference.

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