MagicPay Flat Gets Next Day Funding!

Dear Valued Customers,

We just wanted to inform you and our future clients that we have been listening to your feedback and requests and after working very hard in the past few months we now offer next day funding for MagicPay Flat customers.

What is Next-Day Funding?

Since the establishment of MagicPay Flat we had a 48-hour funding period. From the time a transaction was made it would take 48 business hours for the money to show up in your account. As of last week we are proud to announce that those days are long gone and from now on all MagicPay Flat customers will enjoy next day funding. From now on transactions will be paid the next day, with an exception of weekends. Transactions made on weekends will count as a MOnday transaction which will be paid on Tuesday. Next day funding for our mobile credit card processing solution, MagicPay Flat, would help you significantly receiving payments faster.

American Express Transactions

Up until last week American Express transactions had a different rate, as of last week American Express transactions are now the same rate as Visa, MasterCard and Discover, 2.70% for swiped cards and 3.49% + $0.19 for keyed in cards. Also, just like Visa, MasterCard and Discover, American Express received next day funding.

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