Yes, you charge a card or debit a bank account and the funds flow into your escrow account within Balanced. From there you can credit it out to bank accounts.
Funds for credit cards are available to use 2 days faster than any other competitor (that i'm aware of) e.g. instantly and bank account debits take a couple of business days to clear since we're utilizing the ACH network underneath.
Comments
Yes, you charge a card or debit a bank account and the funds flow into your escrow account within Balanced. From there you can credit it out to bank accounts.
Funds for credit cards are available to use 2 days faster than any other competitor (that i'm aware of) e.g. instantly and bank account debits take a couple of business days to clear since we're utilizing the ACH network underneath.
I think my next project may well use balanced instead of stripe. This is great stuff!