How settlement actually works
When a customer pays, the transaction is first authorized, then batched (settled), usually automatically at the end of the day. The batch is sent for funding, and the money is deposited to your account. Next-day funding means that deposit lands the next business day.
What affects the timing
Three things move your deposit date: your batch cut-off time (transactions after it roll to the next day), weekends and holidays (banks don't settle on non-business days), and your processor's funding policy. Knowing your cut-off lets you time large sales for faster funding.
Why funding speed matters
Faster deposits mean you can pay suppliers, make payroll and restock without waiting. Slow funding ties up working capital. When comparing processors, next-business-day deposits are one of the most valuable features you can get.
Getting paid faster with Armour
Armour Payments supports next-business-day deposits so your money moves quickly. See how it fits your plan on our pricing page or book a demo.