When is money settled into my account using IntelliCharge?
A.01 There is a difference between authorization and settlement. Authorizations take place in real-time (meaning 3-5 seconds for approval or decline). Settlements for credit cards are deposited into your account(s) within 24-48 hours. For private label cards and American Express their merchant terms vary, and money is settled according to their merchant payment terms.
Related Questions
- Can I move money from another retirement plan into my account in the State of Delaware Deferred Compensation Plan and Match Plan?
- I deposited money in my VolCard (AllStar) Account at a DART machine, but it didn credit my account. What should I do?
- When is money settled into my account using IntelliCharge?