Starting an Online Shopping Store…If someone buys online with a credit card,how long b4 I can withdraw cash?
Starting an Online Shopping Store…If someone buys online with a credit card, how long does it take before I can withdraw the funds from the purchase, from my bank account after it goes through with my merchant account?
Okay here is how those things work I work in a bank….For example someone uses a credit card to purchase something from you on monday, it takes at least 5 – 7days to clear the credit card then your merchant account will recieve the payment so approx on Sat or Mon, All of the weekends work and transactions will post on monday so then the funds should be available monday or tuesday of the next week Any more questions let me know!!!
Money saving Tips on Merchant Credit Card Processing http://www.paymentmax.com
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