Deposits are created on each US banking day, for every merchant who has funds to be deposited.

Deposit timing is expressed in a "T+X" format, where T equals the processing date of the payin and X equals the number of business days until the payin is made available to the merchant in a deposit. The payin status will move from Processing to Succeeded when it becomes available to the merchant to be deposited.

One deposit per day will be sent to each merchant if funds are available for deposit, regardless of the day they were processed on.

Deposit timing is set per payment method type. Meaning card and ACH payins may have different deposit timings.

Payin deposit timing is dependent on the type of payment method used to process the payin:

Standard timing is T+1 for Card payins and T+4 for ACH payins.

Payment types that are not payins, such as refunds, chargebacks, and ACH returns follow a T+1 deposit timing and is not configurable by the platform or merchant.

These payment types are generally reversals and therefore, the funds will be deducted from the merchant the next business day.

Payins submitted after the cutoff time will be following the timing of the next day as T.

A card payin processed on a weekend or banking holiday will be available for deposit timing calculations starting on the next business day. T will be the day the payin was processed, even on a weekend or banking holiday. X will begin the next business day after T.

An ACH payin processed on a weekend or banking holiday will start the "T" calculation on the next business day. T will be the day the payin was processed if it's a banking day, or the next business day if it's a weekend or banking holiday. X will begin the next business day after T.

ACH payins processed on a weekend can be canceled, or voided, up until 9pm ET on Sunday. If a banking holiday falls on a Monday after a weekend, then the payins processed over the weekend and the banking holiday can be voided up until 9pm ET on the banking holiday.

Method Pay provides an Expected Deposit Date for each payment, which represents an estimate on when the payment will be included in the merchant's deposit.

There are a few limitations to the Expected Deposit Date:

This date will be provided when a payment processes and funds are expected to move following the respective payment type and method's deposit timing.

The following statuses indicate when the Expected Deposit Date will be available for each type of payment.

The following payment statuses would have provided an Expected Deposit Date earlier in the lifecycle of the payment. But when the payment is canceled, put in review, or returned, it will no longer be expected to be in a future deposit and the Expected Deposit Date will be updated to reflect this.