Quick and Easy Settlement Transactions
Before you receive your deposit, transactions must pass through the settlement stage of the payment processes. The settlement transaction is essentially when the bank takes the funds and then makes the adjustment. Funds are transferred from the issuing bank (the customer’s bank) to your merchant account which you can learn more about here.
Receive Next-Day Deposits
When you work with Bank of Merchant, you don’t have to worry about long waits for available funds. Our deposit and payment processes are efficient, simple, and easy – allowing for transactions to process quickly. Although it depends on the schedule of the banks, you can usually expect next-day deposits! This means that your funds are in your hands fast – so you can keep your focus on other aspects of your growing company.
Work with Bank of Merchant
We know how difficult it is to run your business. Eliminate deposit and payment processes from your worries by working with Bank of Merchant’s merchant processing system. We help give you the tools to manage your Merchant Account, monitor data in your reports, and assist with using your terminals. Receiving your money will feel as simple as your customer swiping their card – making business, and merchant processing even faster and more efficient.
Simply contact our agents today to create a payment processing plan for your business needs!