PaymentMax Announces Next Day Payment Processing for Merchants

Thousand Oaks, CA -- (SBWIRE) -- 02/05/2010 -- PaymentMax, a payment processing service for merchants, is offering next day quick settlement capabilities for customers who have U.S. business checking accounts.

Not only does PaymentMax offer affordable payment processing for retailers, but they have now announced that clients who hold U.S. business checking accounts will now benefit from next day settlements.

Any merchant knows the value of being able to accept credit card payments, but the process of getting daily transactions processed and having those funds available for access can often take longer than is comfortable, especially for small to midsize businesses.

Now, using an Automated Clearing House (ACH), PaymentMax will deposit funds from the previous day's Visa, MasterCard, Discover and American Express transactions directly into the retailer's business account. The payments are batch processed by time zone, and each batch processed by 7PM Eastern Time/4PM Pacific Time/1PM Hawaii Time will be eligible for next day account deposits.

For many small and midsize businesses, the next day quick settlement capability from PaymentMax will ensure that they can continue to operate comfortably on a daily basis. The reduced stress levels of wondering when payments will process will allow these companies to spend more time focusing on the other aspects of running a successful company by serving their customers and gaining new clients.

About PaymentMax
Since 2004, PaymentMax has been a leader in merchant payment processing services. PaymentMax works with thousands of retail, mail order, telephone order, restaurant, service, wireless and delivery businesses of all sizes and provides their clients with the opportunity to process credit card payments at an affordable price, while providing customer service and support around the clock. For further information, please visit http://www.PaymentMax.com any time.