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Why is there a lag of a few days from the time payment is scheduled until the payment arrives?

April 26, 2017arrives days lag payment scheduled time

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Why is there a lag of a few days from the time payment is scheduled until the payment arrives?

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We work with a company called Princeton.Ecom to provide back-end processing of our checks. The “lag time” is for them to determine whether or not the merchant accepts electronic payment, and print and mail checks to those who don’t. Don’t try to schedule a payment on a bill that’s due tomorrow.