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02-25-2021, 07:20 PM #1
Reputation points: 203690
- Join Date
- Jan 2014
- Posts
- 1,372
keep in mind a lockbox will delay merchant getting their deposits by 1-2days. if the merchant is a restaurant that delay will cause hell for them on their busy days, fri sat sunday.
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02-26-2021, 01:08 AM #2
Reputation points: 84416
- Join Date
- Mar 2014
- Location
- Florida
- Posts
- 2,940
If the merchant has switched processing, that will eliminate the 1 day delay.
Dave Lambert, Business Development
dave@fcbankcard.com
Merchant Services Consultant
High Risk Merchant Payment Solutions
SBA 7(a) Loans & Short-Term Funding
T/VM: 727-291-7890
Office: 727-233-1111
Skype: fc-financial
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