What is Next Day Funding?

Next Day Funding is a service that allows funds from processed transactions to be deposited into your bank account the next business day. To ensure an expedited funding, batches must be closed by a specified cutoff time each day. 

This service is available only for accounts specifically set up for Next Day Funding. Accounts without this setup will process settlements according to their configuration.

The cutoff time for batch closure is determined by the backend system and sponsor bank associated with your account.

Transactions that aren’t batched by the cutoff time will follow standard processing timelines instead of qualifying for Next Day Funding.

Proper and timely batch closures are critical for seamless processing and ensuring next-day deposits.