Learn about deposit schedules and when your daily sales will be deposited into your bank account.

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WorldPay Hardware

This information applies if your Merchant ID (MID) starts with the numbers 4445

Daily sales that are batched out before 9.00PM ET are deposited into your bank account the next business day. If the batch is created before 9.00PM ET, the deposit schedule is as follows:

Before 9:00PM ET on	Deposit Day	Morning Funding Deposit Time ( RTP / Fednow)	Accelerated ACH Deposit Time	Previous ACH Deposit Time
Monday	Tuesday	9.30AM ET	1:00PM ET	5:00PM ET
Tuesday	Wednesday	9.30AM ET	1:00PM ET	5:00PM ET
Wednesday	Thursday	9.30AM ET	1:00PM ET	5:00PM ET
Thursday	Friday	9.30AM ET	1:00PM ET	5:00PM ET
Friday, Saturday, or Sunday	Monday	9.30AM ET	1:00PM ET	5:00PM ET

However, most restaurants hours extend past 9:00PM ET and don't meet this deadline. This results in an additional business day being added to the deposit time. For example, some SpotOn products are configured to automatically capture one batch every day at 5:00AM local. In this case, and for any batches created after 9.00PM ET, the deposit schedule is as follows:

After 9:00PM ET on	Deposit Day	Morning Funding Deposit Time ( RTP / Fednow)	Accelerated ACH Deposit Time	Previous ACH Deposit Time
Monday	Wednesday	9.30AM ET	1:00PM ET	5:00PM ET
Tuesday	Thursday	9.30AM ET	1:00PM ET	5:00PM ET
Wednesday	Friday	9.30AM ET	1:00PM ET	5:00PM ET
Thursday, Friday, Saturday	Monday	9.30AM ET	1:00PM ET	5:00PM ET
Sunday	Tuesday	9.30AM ET	1:00PM ET	5:00PM ET

SpotOn ensures that funds are available by 9:30 AM ET through a faster transfer system using RTP (Real-Time Payments) or FedNow, an instant payment service developed by the Federal Reserve.
Most U.S. bank accounts support these methods, allowing customers quicker access to their funds.
However, some bank accounts may not yet be compatible with RTP or FedNow. If you have any questions, your customer support team is here to assist you.

A small number of merchants may experience later deposits at 5:00 PM ET. If you're interested in qualifying for the Morning Funding Deposit Time or the Accelerated ACH Deposit Time, our Customer Support team is here to assist you.

If you find you need to adjust your automatic batch close schedule, our Customer Support is here to assist you.

If a federal bank holiday coincides with a customer’s deposit schedule, deposits will be delayed by one business day. The holiday schedule is sourced directly from the Federal Reserve Website .

TSYS Hardware

Daily sales that are batched out before 10:30 PM ET are deposited into your bank account the next business day. If the batch is created before 10:30PM ET, the deposit schedule is as follows:

Before 10:30 PM ET on	Deposit Day	Deposit Time
Monday	Tuesday	Morning (Local Time)
Tuesday	Wednesday	Morning (Local Time)
Wednesday	Thursday	Morning (Local Time)
Thursday	Friday	Morning (Local Time)
Friday, Saturday, or Sunday	Monday	Morning (Local Time)

However, most restaurants hours extend past 9:00PM ET and don't meet this deadline. This results in an additional business day being added to the deposit time. For example, some SpotOn products are configured to automatically capture one batch every day at 5:00AM local. In this case, and for any batches created after 10:30PM ET, the deposit schedule is as follows:

After 10:30:PM ET on	Deposit Day	Deposit Time
Monday	Wednesday	Morning (Local Time)
Tuesday	Thursday	Morning (Local Time)
Wednesday	Friday	Morning (Local Time)
Thursday, Friday, Saturday	Monday	Morning (Local Time)
Sunday	Tuesday	Morning (Local Time)

If you find you need to adjust your automatic batch close schedule, our Customer Support is here to assist you.

If a federal bank holiday coincides with a customer’s deposit schedule, deposits will be delayed by one business day. The holiday schedule is sourced directly from the Federal Reserve Website.

Deposit Reports

Action

Display

1. On your Reporting site, select Daily Sales Recap from the Reports menu on the left

2. Under the Payments section, scroll to Total Credit Cards

In this example, the Total for Credit Cards is $3,086.08
This amount will be deposited in your bank account in two business days, minus any daily processing fees and/or SpotOn Financing
- To view this, go to your Dashboard (login information will be found in your credentials email received around time of install)

3. On your Dashboard, select Deposits from the menu on the left

4. Select Settlements

5. Use the Date Filter to select the applicable date range, if needed

This report will show your separate batches, as each payment device batches simultaneously, but separately (REMOVE)
The amount shown here will be the same as the Total Credit Cards from the Daily Sales Recap from two days prior.
In this example, the total Deposits equal the expected $3,833.60.

Total Fees are processing fees if you have opted for daily as opposed to monthly fees
Total Others are any chargebacks, as well as daily 1% taken out for Hardware Financing, if applicable

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Deposit and Funding Schedules | SpotOn Restaurant Reporting

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