How will I be paid for LionCash+ sales?
The University will reimburse you for net sales processed via LionCash+ (less the 3% service charge) on each University business day via an ACH electronic payment directly into the bank account designated on the application. In most cases, the funds will be deposited within 48 hours. A settlement statement will be e-mailed for the funds deposited. Merchants also have the option to select either weekly or monthly settlements instead of daily. Error resolution will be handled by Auxiliary and Business Services Accounting Operations.
