The processing time for DEFT payments can vary depending on several factors, including the payment method used, the financial institution involved, and the specific policies of the organization or business that is utilizing DEFT Payment Systems. In general, DEFT payments are designed to be processed efficiently and in a timely manner.
When using DEFT for payments, electronic transactions such as direct debit or credit card payments are typically processed within a few business days. Funds sent by your financial institution can take up to three (3) Business Days to clear and be received by your Biller from the time the payment request is received by your financial institution. It is your responsibility to ensure you have sufficient clear funds in your bank account.
For a more accurate estimate of processing times, it is recommended to review the payment terms and conditions provided by DEFT Payment Systems or contact the organization or business you are making the payment to. They should be able to provide you with more specific information regarding the expected processing timeframe for DEFT payments.
If you have already made a DEFT payment and are concerned about the processing time, it may be helpful to reach out to DEFT Payment Systems’ customer support or the organization/business accepting the payment for further assistance and clarification.