Do they? Balanced Payouts offers same-day ACH. Do funds captured from credit cards with Balanced Payments instantly enter a balance to fund an outgoing ACH with Balanced Payouts? Credit card transactions don't settle instantly, they're typically batched nightly M-F. I would be surprised to hear they let you withdraw money they don't even have in hand yet.

[12:58] <kyleb_> Do you offer next-day payouts for credit card purchases?

[12:58] <@jacobolus> kyleb_: yes, assuming I'm understanding you correctly

[12:59] <@jacobolus> kyleb_: payouts go to bank accounts, and are next business day or same-day with wells fargo bank accounts

[12:59] <kyleb_> I think so. Customer purchases $100 worth of things using a Visa on the website at noon PST. Those funds are disbursed to a bank account via ACH on the next day?

[12:59] <@jacobolus> kyleb_: yep

[12:59] <kyleb_> OK perfect. I wasn't sure if it was bank payments only that were processed next-day, or if credit cards were processed as well next-day

[12:59] <kyleb_> Thanks a lot!

We allow you to do this.

Well Balanced also offers a service that some claim is illegal: http://news.ycombinator.com/item?id=5299327

And has yet to offer a response other than "thanks!"

I'm also not sure how many customers Balanced has or what kind of volume they're doing, but I suspect that they're taking o a whole lot of risk with next day payouts that Stripe and Braintree refuse to take on. While some businesses may like this, I find it worrisome.

Square takes on these risks.

Yep, we do this.