Qualpay’s credit card and ACH payments funding calendar examples are shown in the tables below. Review working with batches to understand how transactions become batches and are funded. Your Qualpay Account approval included notification of funding days, the time between batch close, and when the deposit is made to your Direct Deposit Account.
Qualpay observes the following federal holidays and will not fund on these days:
- New Year's Day
- Martin Luther King, Jr. Day
- Presidents Day
- Memorial Day
- Independence Day
- Labor Day
- Columbus Day
- Veterans Day
- Thanksgiving Day
- Christmas Day
If an expected deposit falls on a federal holiday, your funds will be delayed until the following business day. Any holiday that falls on a Sunday will be observed on the following Monday. Likewise, any holiday that falls on a Saturday will be observed on the previous Friday.
The funding calendar for funding typically differs for credit card versus ACH Payments. When calculating the anticipated funds’ deposit date, please note that the funding delay days are business days and do not include federal holidays.
Credit Card Funding Calendar Example for One (1) Day Funding Delay
|Batch Close Day||Posting Date ACH transfer to your account initiated||Funds Deposited|
|Monday (by 9 PM Pacific)||Wednesday||Thursday|
|Tuesday (by 9 PM Pacific)||Thursday||Friday|
|Wednesday (by 9 PM Pacific)||Friday||Monday|
|Thursday (by 9 PM Pacific)||Sunday||Monday|
|Friday (by 9 PM Pacific)||Monday||Tuesday|
|Saturday (by 9 PM Pacific)||Monday||Tuesday|
|Sunday (by 9 PM Pacific)||Tuesday||Wednesday|
ACH Payments Funding Calendar Example for Three (3*) Day Funding Delay
|Batch Close Day||Funds Deposited|
|Monday (by 2 PM Pacific)||Friday|
|Tuesday (by 2 PM Pacific)||Monday|
|Wednesday (by 2 PM Pacific)||Tuesday|
|Thursday (by 2 PM Pacific)||Wednesday|
|Friday (by 2 PM Pacific)||Thursday|
|Saturday (by 2 PM Pacific)||Friday|
|Sunday (by 2 PM Pacific)||Friday|
*Note that this reflects sale transactions. Refund transaction time frames may vary.