Payment Processing Timelines for ACH and Credit Card Transactions

Payment Timing & Processing timelines differ for ACH and Credit Card.

Batch Cut-off Time: 9:30 PM ET
Same day Settlement Timing:
- Transactions processed before cut-off typically credited to your bank account within 1 business days (Day 1) from the date of payment.
- Transactions processed after cut-off typically credited to your bank account within 2 business days (Day 2) from the date of payment.
Same-day payouts have a daily limit of $100,000.00. Any amount that exceeds this threshold will require an additional day. Centime will create the deposit in your Accounting System on the second day after the full amount has been sent.

Batch Cut-off Time: 6:30 PM ET
Settlement Timing:
- Transactions processed before cut-off are typically credited to your bank account within 3 business days (Day 3) from the date of payment
- Transactions processed after cut-off are delayed by one day and settle on Day 4 from the original payment date
- Payments over $1M require an additional day.
Debit Block Notice: If your buyer has a debit block on their account, please request that they authorize your Originator ID to ensure successful transactions. Your Merchant Services Originator ID is your Tax ID number with a 1 in front. Example:
- - Tax ID: 12-3456789
  - Originator ID: 1123456789

Timelines exclude weekends and bank holidays.

💡 To get started setting up online payment capabilities, check out our guide: Enable and Configure Online Collections Payments

Understand the differences in processing times and cut-off schedules for ACH and credit card payments in Centime, including payout timing and settlement delays.