Merchant deposit timing configuration

Deposit timing for payments is configured per merchant and determines when the funds for a payment will be available to be deposited to the merchant.

Payin deposit timing is dependent on the type of payment method used to process the payin:

• Card payins
• ACH payins
• Validated ACH payins
• Balance-Checked ACH payins

A platform has the following configuration per payment method type listed above:

• Default deposit timing
• Minimum deposit timing

When a merchant is onboarded with Rainforest, by default, the merchant will receive the default deposit timing from the platform's configuration. For example, if the platform's default Card deposit timing is T+2, then the merchant's Card deposit timing will be configured to T+2.

The minimum deposit timing can be configured to be less than the default. For example, the platform's minimum Card deposit timing is T+1. They can offer the faster T+1 deposit timing to select merchants.

The platform can override the merchant's default deposit timing in two ways:

1. Setting the deposit timing on the Create merchant request
2. Updating the deposit timing on an Active merchant with an Update merchant request

The fields to set the configuration are

• card_release_delay_days
• paypal_wallet_release_delay_days
• venmo_release_delay_days
• paypal_paylater_release_delay_days
• ach_release_delay_days
• validated_ach_release_delay_days
• balance_checked_ach_release_delay_days

They must be set to a value greater than or equal to the platform's minimums per payment method.

If you're interested in dynamic merchant deposit timing configuration, reach out to your Platform Success Manager or contact support.