Velocity Processing is pleased to offer a "Next Day Funding" program. Qualifying clients will receive funds in as little as 12 hours for batches that are settled prior to the 7:00pm EST cutoff. Next day funding is available for all Visa, MasterCard, and Discover transaction types, and funds may be deposited into any U.S. based bank account.



Traditional processors take settled batches, hold them for one day, and then issue an electronic transfer called an ACH. The client's bank receives the ACH after the bank cutoff time and posts the deposit on the following day. Additionally, most processors program the POS equipment to settle automatically late in the evening during periods of low activity. From the client's perspective, transactions processed on Monday do not post to their bank account until Wednesday or Thursday, creating a 48-72 hour funding delay.



For clients utilizing the Next Day Funding program, Velocity Processing configures all POS equipment to settle before the cutoff period. The settled batches are expedited through the system and funds are electronically transmitted via an ACH. The client's bank receives the ACH and posts the deposits on the next business day. From the client's perspective, transactions processed on Monday and settled before the cutoff time post to their bank account on Tuesday morning. This process enables clients to improve cash flow and operate their business more efficiently.



Clients must meet certain qualifications to receive next day funding. Qualifications include, but are not limited to, credit scores, time in business, standard industry codes, and average transaction amounts. Next day funding programs are provided to clients that display a solid financial foundation and maintain an excellent processing history. Call Velocity Processing to see if your business qualifies for the next day funding program.