In general, the processing time for payments is relatively quick, typically within an hour, for most payment methods. However, it’s important to note that for Direct bank/wire transfers, the processing time may take longer and can extend up to 7 days. This is because bank transfers involve additional verification and clearance procedures that may require more time to complete.
For payment methods like Square, Payfast, Eway, and GoCardless, the processing time is usually much faster, with transactions being processed and confirmed within an hour. These payment providers have efficient systems in place to facilitate prompt payment processing and ensure a smooth customer experience.
It’s worth mentioning that while most payments are processed swiftly, there may be occasional delays due to factors such as network issues, banking procedures, or other unforeseen circumstances. However, the mentioned processing times provide a general guideline for the expected duration of payment processing for the respective payment methods.
