Next Day Funding

Credit Card Processors with Next-Day Funding

Credit card processors often retain settled batches for one day before issuing an electronic transfer (ACH) through the Federal Reserve. The ACH is received after the bank cutoff time passes by the merchant's bank, and the deposit is posted within the next business day. As a result, Monday transactions do not settle to their bank account until Wednesday, resulting in a 48-72 hour funding delay.

MTech Distributors, on the other hand, provides actual next-day funding, which means that transactions completed on Monday and finalized before the cutoff time, are credited to the designated bank account on Tuesday morning. At MTech, we’re able to program the POS equipment to close batches automatically at a suitable hour of the day before settlement cutoff time. This procedure enhances the client's cash flow and allows them to run their business more efficiently without having to wait for their payments for extended periods of time. MTech initiates the funding process the same day so, in just 12 hours, you'll have the funds successfully deposited into your account.

MTech Distributors offers same-day funding for all major credit cards, including Visa, Mastercard, Discover, and American Express. By choosing MTech, you no longer have to wait 3-4 business days to receive your funds!