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Let me share more information about the ACH payment on hold, @accounting624.
I recognize the urgency and importance of this funds to be released. From time to time our risk management team reviews the payments and checks them regularly to ensure everything is in order. You can refer to the merchant service agreement for more info.
When your payment is on hold, you'll receive an email informing you of the status and the steps to resolve the problem. We may require you to submit a copy of the original invoice you sent to your customer or your bank statements for the last 6 months. Furthermore, we’ll complete the review within 2 business days.
If you didn't receive an email or notification, make sure to check your spam folder. You can also check this link to learn what to do if you aren't getting emails from QuickBooks Payments: Can't receive emails from QuickBooks Payments.
As much as I would love to provide you with a formal response regarding the escalation process and delay of fund release, the option to pull up your account is done by our Customer Care Team. This way, we'll be able to protect your personal information.
That said, I encourage giving us another chance to help you out. Please dial the number in this article to connect with our representative: Contact Payments Support.
Finally, please note that some banks may hold funds for some time after we make a deposit. If your bank requests additional steps, you'll have to collaborate with them to address the issue.
Moreover, for future reference, you can check this article to know if QuickBooks already deposits your payments: Find out when QuickBooks Payments deposits customer payments.
Keep me posted if you still have questions about your Merchant Service account. Have a great day ahead, and take care.
Having the same issue, delay of payments, no notification and no way to escalate. We received payments from a customer for close to $200,000.00, they held a lard payment for 8 days. Ok I get it on the largest initial payment, but 3 others funded in a couple of days. Just processed an additional $174,000.00 in 3 payments - ALL we held, no notification of a delay, no reason why, no way to escalate through faster. Too many other ways to receive funds faster and with a lot less hassle. Very dissatisfied with QB payments at this point
Having the same issue, delay of payments, no notification and no way to escalate. We received payments from a customer for close to $200,000.00, they held a lard payment for 8 days. Ok I get it on the largest initial payment, but 3 others funded in a couple of days. Just processed an additional $174,000.00 in 3 payments - ALL we held, no notification, no reason, no way to push anything through faster. Too many other ways to receive funds faster and with a lot less hassle. Very dissatisfied with QB payments at this point
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