The transaction cut-off time is the time of day the payment gateway picks up transactions for settlement. Transactions submitted after the configured transaction cut-off time are picked up with the next batch.
The payment gateway's default transaction cut-off time is 3:00 PM PST.
You can configure your transaction cut-off time to be any hour of the day or night.
Note: If your processor is FDCO or ConcordEFS, we recommend that you contact your Merchant Service Provider before changing your Transaction Cut-Off Time to avoid potential funding issues.
Your Merchant Service Provider is the institution from which you receive your monthly credit card settlement reports. If you have never received a deposit statement, you might need to contact your reseller for information about your Merchant Service Provider.
To select the transaction cut-off time:
Step 1: Select the desired cut-off time using the Hour, Minute, and AM/PM drop-down lists.
Step 2: Click Submit. A confirmation message indicates that your setting has been successfully applied.
Note: Changes might not take effect immediately. If transactions have already been settled for the day, the new transaction cut-off time will not take effect until the following day.