Quote:
Originally Posted by mikesouth
Does this start Monday 6/13 or 6/20?
TIA
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July 11.
Announcing the Release of CCBill ACH Payouts!
Dear CCBill Merchant,
We are very excited to announce that our new weekly CCBill sales payout method, ACH Credit Payouts, will release with the upcoming, Monday, July 11, 2016 weekly payout.
As one of the only remaining industry payment providers catering to both merchants and their affiliates, we are adding ACH Payouts to your current payout delivery options as another automated, dependable and secure way for you to receive your weekly settlements. Simply put, CCBill can now transmit your weekly sales payments directly to your US-based bank checking, operating or savings account of choice each Monday*, and your funds will settle and may be available to you and your business the next business day, on Tuesday. Weekly ACH Payouts have a transfer cost of $5.00 per payout, making this a cost-effective payment option, especially when compared to current FedEx and Wire Transfers fees.
To qualify for this new payout option, your weekly payout must meet the following requirements:
- USD currencies only
- US Dollar Based Bank Accounts only
- US-Based Banks only
- Minimum Weekly Payout: $25.00
- Maximum Weekly Payout Limit: $5,000.00
Please note: In the weeks when your payouts are over the $5,000.00 maximum threshold, we will contact you directly in order to arrange for a wire transfer for the entire amount of that week's payout, to your designated US Bank account on Monday* with a wire transfer fee of $15.00.
It is now even easier to receive your weekly CCBill payout! Other than your payout method, nothing else changes:
1) You can continue to link accounts for ACH Payouts.
2) Your CCBill billing period will continue to run from Sunday through Saturday.
3) You can continue to depend on CCBill to pay on time,
every week.
If you requested ACH Payout and received confirmation from our Merchant Support Team that your ACH Payout is active in our system, you will receive your July 11, 2016 weekly payout as an ACH deposit into your US Bank account.
Not registered yet? To GET STARTED with ACH Payouts for your CCBill account, please visit the Accounting and the Payouts areas of the CCBill Merchant Knowledgebase:
kb.ccbill.com, complete and submit a new 'Payout Information Update' form, found on our CCBill Support Center:
Merchant Support Center > Account Change Forms
You can also contact our 24/7 Merchant Support team at
[email protected], by phone at 800.510.2859, or our online Chat service.
Thanks,
CCBill Management
*Payout schedules can change due to periodic US banking holidays. All efforts will be made to ensure timely next business day distributions, on the weeks when these holidays occur.