Merchant Billing & Funding
This page provides an overview of Xplor Pay’s Merchant Billing and Funding options. These settings control when fees are deducted and when merchants receive payouts.
About Merchant Billing and Funding
Billing calculates and deducts processing fees based on a merchant’s transactions. Funding (payout) settles card activity and transfers funds to the merchant’s bank account via ACH.
Business challenges addressed
Merchant billing and funding help you:
Support predictable cash flow for merchants.
Reduce reconciliation effort by standardizing when fees are deducted.
Provide flexible payout timing based on business needs.
Improve visibility into net payouts and billed fees.
Key capabilities
Bill fees daily or monthly.
Fund merchants on a next-day or two-day schedule.
Submit batches before a nightly cutoff for timely settlement.
Net fees from payouts (daily billing) or bill later (monthly billing).
Billing Options
Billing controls when fees are deducted.
Daily billing. Fees are deducted each day from processed activity.
Monthly billing. Fees accumulate through the month and are billed at month-end.
Funding (Payout) Options
Funding controls how quickly settled funds are paid out via ACH.
Next-day (early) funding. Transactions settle on the next business day.
Two-day (standard) funding. Transactions settle within two business days.
Batch Cutoff Time
ACH transfers are processed overnight. Xplor Pay submits batches before the nightly cutoff to support the selected funding schedule.
To qualify for next-day funding, submit transactions by 11:00 p.m. Eastern Time.
Use cases
Daily billing.
Fees are netted from payouts as transactions are processed.
A merchant processes $100.00 in sales. Total fees for the day are $3.00. The merchant receives $97.00 in the next payout, based on the funding schedule.
Monthly billing.
Payouts are funded in full during the month. Fees are billed at month-end.
A merchant processes $100.00 in sales. The full $100.00 is paid out based on the funding schedule. The $3.00 fee is deducted at the end of the month.
Technical Requirements
An active Xplor Pay merchant account.
A verified bank account for ACH payouts.
Batches submitted before the cutoff time for next-day funding.
Related topics
To view billing, payout, and tax details, see Financial Reporting.
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