The latest I have heard is that since they are phasing out Paypal here. They are no longer accepting new merchants and no further development will occur. Basically, it's over and they are giving it a slow death. Also, a rep told me that they are working on Zettle so that payments will be processed immediately. Meaning like Paypal here, you will have access to the funds within a few minutes. Currently, Zettle deposits the funds the next day and I'm guessing they are going to remove the ability to bank the funds in your Zettle account too. Once this happens the payments should appear the same as PayPal here and fix the issue. The only problem is that I wonder if there will be a delay between when working capital notices the payment to when you will qualify for a loan in the eye of the approval program. Which could be an additional 6 months after the payments go immediate. Of course, the rep had no idea. Seems to me they should have figured this out before killing Paypal here or Zettle Advance. Unless they are also planning on killing Paypal working Capitol. The two main reasons that I have used Working Capitol in the past are the flat fee and the simple ease of use. No mailing checks or remembering one more payment. I'm already noticing a slight slump in my fourth quarter because I didn't get the loan to expand inventory and promotion. This is the first non-growth period we have had since 2018.
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