All payments submitted on PayYourRent are processed on a Zero-Day Hold. Zero-Day Hold means that all payments submitted before the cutoff time of 4PM (EST) will be processed that evening and deposited into the property’s account the following business day. Payments submitted after the cutoff time of 4PM (EST) will be processed the next business day and deposited the following day. If the payment is successful, residents will see the funds debit from their account the next business day as well.
ACH payments are not processed over weekends or bank holidays, but credit card payments are indeed processed over weekends and most bank holidays.