At Propelr, we know one thing to be true: steady cash flow is the lifeline of any business. Covering payroll, paying vendors, and managing daily expenses shouldn’t have to wait.
That’s why we’re excited to share a new update: we now offer a 3am ET cutoff for next day funding!
Traditionally, merchants with late hours — like restaurants, bars, and other service businesses — had a frustrating funding trade-off:
With Propelr’s new 3am cutoff, merchants no longer have to choose. They can capture all of their sales in one batch and still get their money the same business day.
It’s simple:
Our 3am ET cutoff time delivers big wins:
At Propelr, optionality is our guarantee. From processor connections to devices — and now cutoff times — we’re building fully customizable payment experiences designed to help businesses thrive.
Every business is unique, and their payment experience should reflect that. Our extended cutoff offers the flexibility merchants need to get paid on their schedule — so theu can focus less on deposits and more on running (and growing) their business.
.png)
This post breaks down the difference between EMV chip transactions and NFC contactless payments, covering what each one protects against, how the EMV liability shift can put fraud losses on your business if your terminals are outdated, and what it means for your checkout experience either way.
.svg){kind=icon}
.svg){kind=icon}
This post dissects everything that happens during a card transaction, step by step, starting with the moment a customer pays and ending when funds are deposited into the merchant's account. Along the way, it covers authorization, batching, settlement, and where interchange fees come into play.
.jpg)
Ever wonder what actually happens when a customer swipes their card? Five key players work together behind the scenes: the issuing bank, the card brands, the processor, the payment gateway, and the sponsor bank. This breakdown covers who's who and what each one is responsible for.
.svg)