How to instantly receive payments?

Hi, is there anyway to get the payments from customers instantly when they pay? Kinda having cashflow issue.

Naturally when customers pay via paypal/other payment gateway, they release the money after sometime.

So, is there a way to receive the money instantly as soon as the customer pays? Shopify, wordpress, other payment gateways I'm considering all. Need some info.

Thanks.

PayPal is probably the fastest to turn into cash if you have the debit card. Most regular merchant accounts will send the money to your bank account the next day.

I'm in USA and was taught to add a random address of another country to use Stripe, not Paypal which is stupid. It was the only way to get 100% stripe instead of Shopify's stripe which is BS!! Now I got my ass kicked out of Shopify. I would like to know another way.

There are a few options, including:

CashApp (if clients will trust you)
PayPal (if you have a SOLID history)
Crypto (again, if clients trust you)

PayPal will likely limit received payments until shipment is confirmed or until your buyer confirms receipt of goods/services (keep that in mind).

Thread moved.

EternalFun said:

Hi, is there anyway to get the payments from customers instantly when they pay? Kinda having cashflow issue.

Naturally when customers pay via paypal/other payment gateway, they release the money after sometime.

So, is there a way to receive the money instantly as soon as the customer pays? Shopify, wordpress, other payment gateways I'm considering all. Need some info.

Thanks.

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What kind of business is this?
If youre having cash flow issues to the point you want to be paid faster then the normal 1-3 day max from CC processing, I think you should be looking to solve this otherwise.
Describe what the cash flow issue is if you could?
Other then cashapp, the only way to receive the money instantly is to be handed cash.

Outstanding or unpaid invoices over 30 days for example?
Defaulting payments?
Scaling too fast?
Client demand in excess of inventory and you need to play catch up?

I think some analysis there would help. Depending on the business you could look at factoring, advances, inventory or purchase order finance, any of several options to help catch up and bridge the gap.
You might also consider an early or prepayment discount so customers pay faster.

EternalFun said:

Naturally when customers pay via paypal/other payment gateway, they release the money after sometime

Click to expand...

What if you send an invoice? I never got a payment held when issuing an invoice, only when selling on eBay. But i don't get payments too frequently.

The mentioned CashApp can be a good alternative, but it's US only.
Facebook Messenger money transfer maybe, although i have never used it. Debit cards are needed for both parties. It's also restricted to a few countries: US, UK and France.
Payoneer to Payoneer is also an option. For a fee you can have the money faster.
Skrill Rapid Transfer lets your clients pay with their bank accounts.
Payza, which is similar to PayPal, but not nearly as popular.
You can consider Transferwise too. Fast and cheap.
Or depending on where you and your clients reside, domestic bank transfers can be pretty fast. Where i live, it's a maximum of two hours now and it will be instant in a couple of months, when they finally get the system ready.