I know it wasn’t ideal, especially for businesses that just got started, @Jonceenoma. I’d be glad to share how QuickBooks Payments deposits work.
For new users who signed up for QuickBooks Payments or Merchant Services, their first set of payments (sometimes referred to as a batch) will be deposited a bit longer while setting up their account.
Once complete, transactions will take much faster moving forward. This means the 5 business days duration only happens for your first collection of payments. Then, the processing will eventually depend on the product you’re using and the type of payment.
These articles will give you more insights about deposit times for QuickBooks Payments:
I hope we’ll stay in touch and get to work together again in the future. Please don’t hesitate to add a comment if you have any other concerns about payments and provide feedback to help us improve even better. Take care always!
