Capture Date

Dates are important for record-keeping purposes to identify when funds were transferred from one account to another. The Capture Date is also an essential part of credit card processing. Here is information on why the Capture Date is so vital.

What is the Capture?

On the face of it, credit card processing might seem very simple with a customer purchasing goods and services in exchange for payments. Behind-the-scenes, there are many elements that must be checked off before the transaction can be finalized: verification, authentication, funds availability, authorization, capture and funds transfer. When everything works out, the customer will receive his goods or services and the merchant will receive his money.

When the merchant is authorized to receive payment for his goods or services, he is given the Capture. The Capture is the legal right to be “paid for goods or services rendered” by debiting the customer account and crediting the merchant account.

What the Merchant Sees

When a customer presents his credit card to purchase a good or service, the merchant is primarily waiting for authorization to Capture the funds from the customer’s account. In both card “present” and “absent” transactions, merchants will wait for the authorization before delivering the goods or services. Each month, the business owner can check each transaction detail on his credit card processing report.

When is the Capture Date?

After the credit card is authorized, the merchant will receive his Capture right. The Capture Date is the official calendar date on which a transaction was captured (i.e. day, month and year). Usually this will be the date when the credit card was swiped; if it is past a bank’s normal operating hours, the official Capture Date may be the next day. This Capture Date is important to determine who should be paid and in what order.

Is there a time limit for Capture?

Just like a cheque, there is a time limit in which the merchant must transfer funds from the customer account to his merchant account. Usually, the capture is automatic when the credit card is authorized.

Does the Capture Date change if online goods or services are not delivered?

Legally, the Capture Date uses the brick-and-mortar assumption that goods or services are delivered when payments are transferred. With non-delivery, the Capture Date must be changed or a refund must be issued.



It took me a while to decide who I wanted to settle with to handle all of my credit card transactions because every company wants to make it sound like they're offering you the best rates. was able compare and beat all of the other offers I received. They were also able to provide me the fairest price on my EMV-compliant terminal. My sales representative and the support team were there to assist every step of the way. Ultimately, I'm looking forward to a long term relationship with this company.

Roland Tran from the Hong Kong Kitchen

It is a pleasure dealing with these folks. Their pricing is fair, their statements are understandable and their employees are knowledgeable and friendly.

John MacMillian from the Great Lakes Baking Company

The service was very professional, my sales person (Steven B.) was very well versed in the product and most helpful in getting our company set up to accept credit cards via my cell phone. Their rates are some of the lowest on the market and their service is unparalleled. I will recommend them to anyone requiring a credit card processing service.

Michael Harper from Deluxe Auto Body

Jonathan C. is wonderful to work with. He is very helpful, accommodating and resolves any issue quickly. It is hard these days to find someone who gives great customer service, but I can say, Jonathan is the best! I would not hesitate to recommend him to any business owner and to assist you in helping to grow your business.

Linda Garner from Regali Da Forno

I called indecisive about getting a device, but speaking to your Sales Consultant completely settled me. He was very professional, knowledgeable and patiently walked me through the process. He always responded to my voicemails and answered all my questions. After I received my merchandise, he called following up to ensure that I had received it. Customer service I would say is 5 stars. Stellar! Thanks Credit Card Processing, I will definitely recommend you.

Sarah Morgan from Vision International Ministries
Call Us Today! (866) 837-0751

© 2016 All rights reserved. Privacy Policy
CREDITCARDPROCESSING.COM, LLC is a registered ISO of Wells Fargo Bank, N.A. Walnut Creek, CA

*Further terms and conditions may apply. Promotion contingent upon's receipt of written competing offer(s).

**Certain restrictions may apply.

Promotional offers brought to you by

Call (866) 837-0751 for details.