# How do we receive funds from credit card process and how quickly? How are processing fees paid?

Credit Card Processing

##### Post Metadata
- Posted at: over 8 years ago
- Net upvotes: 1


## Comments
### Comment 1

Monies charged on credit cards are posted to Vantiv's website immediately and then batched over to your bank account within 2 business days of the transaction. Note that charges posted the same day will be aggregated together and sent to your bank account as a single batch transaction. If for instance you received three payments on the same day, one $15, one $35 and one $50, your bank would see a $100 deposit. To reconcile that $100 deposit into the three individual transactions you can use Vantiv's Core Management System that shows each batch amount with a link to drill down into the individual transactions.

The processing fees are automatically withdrawn from your account at the beginning of the month following the transaction.

##### Comment Metadata
- Posted at: over 8 years ago
- Author title: Helping Nonprofits Raise Funds Through Silent, Live Auctions and More.




## Related Product
[Silent Auction Pro](https://www.g2.com/products/silent-auction-pro/reviews)

## Related Category
[Auction](https://www.g2.com/categories/auction-software)

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