When should Starfire expect to receive funds from credit card transactions processed?

The correct expectation for when Starfire should receive funds from credit card transactions processed is typically 2 Business Days. This timeline aligns with the standard processing and settlement practices of many payment processors, including Stripe.

When a credit card transaction is initiated, there is a temporary authorization of funds, which may take place almost immediately. However, the actual settlement—where the funds move from the customer’s bank to the merchant's account—can involve various steps and dependencies on banking and card networks. The 2 Business Day timeframe accounts for these factors, including any weekend or holiday delays, when banks may not process transactions, as well as the need for reconciliation and clearing of funds.

This standard set by many payment processors helps businesses plan their cash flow and manage their operations effectively, knowing when to expect incoming funds.