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by toomuchtodo
4415 days ago
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Well done guys! Question though, if a debit can settle out of my checking account through my debit card (ie my Simple account) in minutes at a traditional merchant (gas station), why do you credits take 1-2 days to settle? |
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Under promise. Over deliver. That's the best way to answer that. :-)
We have partnerships and direct ATM network integrations to clear in real-time for ~55% of debit cards. I didn't want to promise that until we've done enough volume to see that clearing time for ourselves instead of basing it what our partners have communicated to us. Once I have enough data/proof, I'll update the language to reflect the faster speed.