Merchant Services Update: Faster, Smarter, and More Transparent Payments

At Centime, we’re always working to help businesses better manage their cash flow and payments. That’s why we’re excited to introduce major updates to our Merchant Service, a smarter, faster, and more transparent way to manage your B2B payments.

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Whether you're paying vendors or collecting from customers, Centime’s Merchant Services simplifies the process and gives you greater control and visibility over your cash.

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Here’s what you can expect:

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✅ Better Rates with Interchange-plus Pricing

We are moving to an Interchange-plus pricing model to ensure you get the most competitive rates on card transactions, especially valuable for B2B payments where margins matter.

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✅ Faster Payouts for Improved Cash Flow

Say goodbye to long settlement timelines. Our Merchant Services solution accelerates payouts, helping you access your funds faster:

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Credit Card Transactions: Most card payments post within one business day
ACH Transactions: Most ACH payments will post within 3 business days

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This means better predictability and fewer delays in your cash flow.

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✅ Simplified Reconciliation with Fewer Deposits

No more hunting down individual deposits tied to every invoice. Merchant Services solution consolidates settlements into two net deposits per day:

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One for all credit card transactions
One for all ACH transactions

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This streamlined approach makes reconciliation faster and more efficient—saving time for your finance team.

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✅ Transparent Fees, Deducted at the Time of Settlement

Tired of unpredictable, end-of-month billing? With Centime’s Merchant Services, transaction fees are deducted at settlement, so you always know your true cost in real time. No surprises. Just clean books and better visibility.

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Why It Matters

Centime’s Merchant Services isn’t just a payment processor. It’s designed to support your broader cash management strategy, offering better cost control, faster access to funds, and smarter reconciliation workflows.

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If you’re already using Centime, our Merchant Services fit right in. If you’re new to us, it’s another way we help you take control of your finances, without changing your existing systems or processes.

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Want to learn more?
Book a demo to see how Centime’s Merchant Services can streamline your payment operations.

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**Deposit placement through ICS is subject to the terms, conditions, and disclosures in the applicable agreements. Although deposits are placed in increments that do not exceed the FDIC standard maximum deposit insurance amount (“SMDIA”) at any one destination bank, a depositor’s balances at the institution that places deposits may exceed the SMDIA (e.g., before settlement for deposits or after settlement for withdrawals) or be uninsured (if the placing institution is not an insured bank). The depositor must make any necessary arrangements to protect such balances consistent with applicable law and must determine whether placement through ICS satisfies any restrictions on its deposits. A list identifying IntraFi network banks appears at https://www.intrafi.com/network-banks. The depositor may exclude banks from eligibility to receive its funds. IntraFi and ICS are registered service marks, and IntraFi Cash Service is a service mark, of IntraFi Network LLC.

^††3.0% Annual Percentage Yield (APY) as of 01/07/25. Deposit rate may adjust to current market rate and may change daily. Fees may reduce earnings.

*Centime is not a bank and is not authorized by any federal or state agency to engage directly in core banking activities.
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*All banking products and services available through Centime are provided by FNBO and are governed by the applicable agreements and related disclosures provided to you by FNBO. Member FDIC.
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‍*While Centime facilitates traditional banking activities (such as the acceptance of deposits or extensions of credit), these services are actually provided by our banking partner, FNBO.
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*Centime may provide support services to FNBO, as permitted by applicable law, to facilitate the delivery of its bank products and services.

**Deposit placement through ICS is subject to the terms, conditions, and disclosures in the applicable agreements. Although deposits are placed in increments that do not exceed the FDIC standard maximum deposit insurance amount (“SMDIA”) at any one destination bank, a depositor’s balances at the institution that places deposits may exceed the SMDIA (e.g., before settlement for deposits or after settlement for withdrawals) or be uninsured (if the placing institution is not an insured bank). The depositor must make any necessary arrangements to protect such balances consistent with applicable law and must determine whether placement through ICS satisfies any restrictions on its deposits. A list identifying IntraFi network bank

Merchant Services Update: Faster, Smarter, and More Transparent Payments

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