Why is it important to know that it will take 4-6 business days to process your payment request?

Business

1 answer:

Drupady [299]2 years ago

4 0

The process of Automated Clearing House make it take up to 4-6 business days to process payment request.

The payment request is a process initiated by the creditor and it is majorly based on website platform such as P.aypal, P.ayoneer etc.

Usually, when a payment request is initiated, a process called Automated Clearing House (ACH) is used by the financial institution to help transfer money to respective account of potential receivers.

However, the Automated Clearing House process can take up to 3,4, or 5 business days before the account will be credited even after the sender account have been debited.

Learn more about this here

<em>brainly.com/question/11492961</em>

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