what is average time you get your funds to your account?

Discussion in 'Payment Processing' started by YSeo, Dec 7, 2008.

  1. #1
    Hey guys,

    How long does it take for you to see the money in your account once a costumer has made a transaction?

    A recommendation for us merchant account would be greatly appreciated.

    thanks.
     
    YSeo, Dec 7, 2008 IP
  2. jordan666

    jordan666 Banned

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    #2
    we use a paypal merchant acct. you get 90% of the money immediatelky and they hold 10% as a deposit for 90 days. assuming no chargebacks they release the 10% to you after that.
     
    jordan666, Dec 7, 2008 IP
  3. sampathsl

    sampathsl Guest

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    #3
    I use MoneyBookers,2checkout. In MoneyBookers instantly the balance is updated. In 2checkout it takes two days to update the account balance, but instantly the sales amount is updated.
     
    sampathsl, Dec 7, 2008 IP
  4. Ajucoolest

    Ajucoolest Well-Known Member

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    #4
    I use paypal and Moneybookers..
    The funds gets deposited as soon as they are sent.
     
    Ajucoolest, Dec 7, 2008 IP
  5. YSeo

    YSeo Peon

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    #5
    Regarding Paypal and Moneybookers:
    Can I associate a regular american debit card with paypal account?
    Once the funds are there , which like you said it should be immediately , can I pay people with a debit card that was issued by Citibank?
    It not , how long does to take to move the funds from paypal to my regular bank account?

    Thanks so much.
     
    YSeo, Dec 7, 2008 IP
  6. SGBoise

    SGBoise Peon

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    #6
    You should be able to use debit card. The transactions are treated similar to credit cards.
     
    SGBoise, Dec 7, 2008 IP
  7. YSeo

    YSeo Peon

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    #7
    alright thanks
     
    YSeo, Dec 8, 2008 IP