As a new Thryv or ThryvPay client you may be provisionally approved. If you are provisionally approved, you will be limited to credit card transactions only, and you will experience an initial funding deposit delay of 7 business days, starting with the first transaction. All transactions during this 7-day provisional window will be held and deposited on the 7th business day. ACH e-check transactions will be restricted during this same period. This is a standard process for all new merchants to a new payment processing service. It protects both your business and ThryvPay.
The fasted way to expedite the final approval process is to begin using ThryvPay to process your everyday business transactions!
Once the approval process is completed, credit card transactions will fund the next business day if the payment is completed by 8pm that day. You will also be able to enable ACH payments, it’s important to know that ACH transactions can take up to 7-10 business days to deposit in your account. This timing is related to standard banking transfer timelines.