The payment was flagged as a moderate risk. How long does it take for the money from a Canadian customers credit card to be deposited inmy American bank account?
How long does it take to make sure the payment can’t be reversed?
Hey @Jimbo4 ,
Welcome to the Shopify Community!
The processing time for Canadian credit card payments can vary depending on several factors, including the payment gateway and the bank used by the customer. Typically, credit card transactions can take between 2-5 business days to process and for the funds to be deposited in your American bank account.
Regarding payment reversals, most payment gateways have fraud protection measures in place to minimize chargebacks or refunds. However, there is always a risk of payment reversal until the payment has fully cleared and the transaction has been settled.
It’s important to note that Shopify provides fraud analysis tools and can flag payments as high, medium or low risk. If a payment is flagged as moderate risk, you can take measures to reduce the risk of payment reversal, such as verifying the customer’s information, or using additional fraud protection tools provided by your payment gateway.