- Sweeps apply a batch ID to each transaction. A batch of transactions corresponds neatly with a bank deposit total and can be reconciled by a merchant’s financial organization.
- Sweep reports can be read in for automatic reconciliation by either a merchant, a group of merchants, or the partner.
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- Sweeps preclude use of any other option. With a sweep, no money will exist in the merchant’s account for use with a ProPay debit card, Flash Funds, or Spendback
- Sweep timing can be tricky. You will need to weigh the benefit of providing quick access to funds against a desire to batch neatly against a full business day of transactions. You should speak with a ProPay Sales Rep or Sales Engineer to understand the implications of ProPay’s file build times. ProPay builds ACH files at 11:30am Mountain Time, at 5:30pm Mountain Time, or at 8:00pm Mountain time. (The last with special permission.)
- Currently, if your program is set up for sweeps, ALL of your merchants will be swept. There is no way to enable sweeps for one of many merchants belonging to a partner's portfolio.
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