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 Balance-Checked ACH deposit timing is T+4, then the merchant's Balance-Checked ACH deposit timing will be configured to T+4.

If the platform is approved for faster deposit timing than the default, then the minimum deposit timing will be set to less than the default. For example, the platform is allowed to do T+2 Balance-Checked ACH deposit timing, but only wants to offer it to select merchants, then the platform's default deposit timing would be set to T+4 and the minimum deposit timing would be set to T+2.

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, ach_release_delay_days, validated_ach_release_delay_days, and balance_checked_ach_release_delay_days. They must be set to a value greater than or equal to the platform's minimums.

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