Next Day Funding
Next Day Funding enables a merchant to receive settlement of processed transactions within 24 hours. Having your merchants receive their funds quicker gives you a competitive edge when selling and servicing accounts.
For merchants boarded on the TSYS platform with Nuvei & Wells Fargo:
Majority card swiped transactions (70%+)
Average ticket < $1,500
Product fulfillment must be immediate (no future delivery)
No merchant statements required
Batch must be settled by 11:00 pm EST in US
Batch must be settled by 7:00 pm EST in CA
Next Day Funding is not currently available for BuyPass merchants.
Next Day Funding cut-off times for Canadian merchants is different than U.S. merchants, please refer to the Canadian PLC for further details.