Credit card processing takes place in the following manner:
Maverick Paycard is a three step procedure:
So, in total it takes around just 8 days!
The sum total of customer transactions from Monday to Sunday (1 week) is taken into consideration, while making a payment to merchant’s bank. So, the total payment processing period in this case is one week. Payment is deposited to the merchant’s account by direct deposit for all the transactions conducted during that week.