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:
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Majority card swiped transactions (70%+)
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Average ticket < $1,500
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Product fulfillment must be immediate (no future delivery)
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No merchant statements required
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Batch must be settled by 11:00 pm EST in US
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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.