CE Payments - Settlement Schedule

Please follow the guide below for specific detail on settlement schedules for Card Not Present and Card Present transactions in CE Payments.

Use Case:

  • If a Member makes an online payment through PayCloud on Monday, the settlement will reflect in the form of a GJ Batch on Wednesday of that week.

Card Not Present Transactions (Funds typically settle in two business days)

If Payments are Made On:

(Before 7:00pm ET)

Then Settlement Occurs On:

If Payments are Made On:

(Before 7:00pm ET)

Then Settlement Occurs On:

Monday

Wednesday

Tuesday

Thursday

Wednesday

Friday

Thursday

Monday

Friday

Tuesday

Sat-Sun

Tuesday

Card Present Transactions (Funds typically settle in three business days)

If Payments are Made On:

(Before 7:00pm ET)

Then Settlement Occurs On:

If Payments are Made On:

(Before 7:00pm ET)

Then Settlement Occurs On:

Monday

Thursday

Tuesday

Friday

Wednesday

Monday

Thursday

Tuesday

Friday

Wednesday

Sat-Sun

Wednesday

Holiday Behavior

Please note that a Banking Holiday will delay transactions. Payment processing and settlement funding will be delayed an additional day in the case of a bank holiday.