Batch Deposit

A batch is a group of approved credit card transactions submitted to the processor for settlement. A batch deposit is the actual act of transmitting that group of charges together at a specified time. For most merchants, batch deposits are made at the end of the business day, but larger enterprises may make multiple deposits in one day.

When a batch is submitted, the merchant’s payment processor will check transaction details, assess fees, and sort the transactions by bank. The different amounts will then be sent as deposits to the respective business’ merchant accounts.

Using batch deposits helps streamline merchant operations. Even with modern technology, making individual submissions for each transaction can be time- and work-intensive. Batch deposits help businesses manage their cash flow, speed up processing times, and reduce the chance of mistakes.

See also batch processing