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A
amharward
May 15, 2020
Question

Go Payment deposits

  • May 15, 2020
  • 1 reply
  • 0 views

Is there a time cutoff to when payments for the day are process and then deposited the next day.  
I have seen that my transactions for the day don’t total the deposited amount the next day?? How do payments from the mobile go payment “card reader” process? 

1 reply

S
Steve_C
May 15, 2020

Hi there amharward. I know things can seem a bit off, however, you seemed to have caught the pattern yourself since, with next-day deposits, the cutoff time is 3 pm Pacific Time.

 

If the payment is processed before 3 pm PT then it will be deposited the next day, if not it will be deposited in two business days.


Here are some articles as well that can help guide you a bit on when your deposits will come with QuickBooks Merchant services:

If you navigate to the Find out when QuickBooks Payments deposits customer payments article, you can find information in Step 2 to also check the status of your current deposits. Doing this will help you get a better understanding of how the deposits flow. 

 

The same article also shows all the information about deposit times, if perhaps you haven't already signed up for next day deposits I recommend checking out the bottom article for step by step instructions on setting up the next day deposit feature. 

 

If you need anything else, just leave a reply below. Enjoy the rest of your day as well. 

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