Client Weekly Payment Schedule

CCNow Weekly Payment Schedule

CCNow makes payments to Clients on a weekly basis each Wednesday. Weekly payments typically have a 5% rolling reserve held for 180 days, however Restricted Items may have up to a 10% rolling reserve, based on a risk assessment.

Payments are issued on Wednesdays, or if there is a bank or national holiday on the next applicable business day. You can view your Rolling Reserve Balance at the bottom of your Account Statement, and view detailed information about your Rolling Reserves by viewing the [Reporting / Rolling Reserve Report] in the Client Menu. This report will detail all the Rolling Reserves held, and the date they will be returned to your Available Account Balance. Please note that the Paper Check payment method is no longer supported. New accounts usually have a 4 pay period delay before the first payment is issued, however this may be waived upon supplying us with prior processing history and a risk assessment.

Payment dates are based on the date when you ship each order. Payment will be the orders in that payment period, less the Rolling Reserve and any additional negative activity such as refunds. Below are the standard weekly payment periods for 2016:

Payments are issued to the name and address that we have on file for your account. If you need to change the payment name, account number, address, or method, you can change these in the Client Menu under [Admin / Payments]