added
Merchant deposit frequencies
August 28th, 2025
By default, merchant deposits are configured to deposit daily. With Rainforest approval, deposits can now be configured to deposit weekly or monthly.
The deposit frequency schedules are:
- Daily - deposits processed on each US banking day
- Weekly - deposits processed on the first US banking day of the week
- Monthly - deposits processed on the first US banking day of the month
Create merchants
If your platform is configured to allow for multiple deposit frequencies, then your platform will have a default deposit frequency that will be assigned to merchants on creation. The default can be overridden by setting the deposit frequency on the Create merchant endpoint.
Update merchants
For Active merchants, the deposit frequency can be updated by setting the new deposit frequency on the Update merchant endpoint.
Let your Platform Success Manager or support know if you merchants are interested in weekly or monthly deposits.