Early Deposit payment rule
The "Early deposit" payment rule triggers Deposit payment actions at order capture, release to fulfillment, and fulfillment.
Deposits take place as they occur. When more than one release is involved, the amounts are deposited as they occur and are not accumulated to be deposited at once.
In this rule, funds are captured as quickly as possible. You might want to use this rule if you are not concerned about incurring extra transaction fees for doing early deposits. This rule is recommended if your store sells fairly expensive goods and you have a low tolerance for risk.
This rule might not be considered legal in some geographies.
Common usage: The payment method that is commonly associated with this rule is:
- Electronic check (Automated Clearing House, ACH). ACH transactions typically do not involve approvals.
Target states: This rule specifies that the following payment actions should take place for a mapped payment method:
Payment action Target state of payment Description prime payment DEPOSITED The payment is deposited when the order is captured. reserve payment DEPOSITED The payment is deposited when the order is released to fulfillment. finalize payment DEPOSITED The payment is deposited when the order is fulfilled. (C) Copyright IBM Corporation 1996, 2006. All Rights Reserved.