Not necessarily, it mainly depends on the POS type

The payment time after swiping the card at POS machine is different, usually instant payment, T 1, T 2, T 3 payment Regulations:

1. T 0 instant payment generally refers to a specific merchant that requires immediate payment. After review, the bank deems that such a merchant meets the requirements for immediate payment, and the merchant also applies for immediate payment. For those who have made the payment, they can complete the instant payment requirement through the review and handling procedures;

2. T 1 payment the next day for general merchants. Most merchants use the T 1 mode, which is the first time the card is swiped. The account will arrive in two days. This is the arrival time stipulated by the bank. It is the time for most merchants to swipe their cards at POS machines. It usually arrives after 3 p.m.;

Three, T 2 and T 3 modes are Refers to the large amount of data for special users with relatively large card payment amounts. For merchants with certain special circumstances, the bank will make special adjustments based on the special circumstances of such merchants. It usually takes 2-3 days for the account to arrive;

4. Generally, banks do not settle accounts on holidays and weekends, so from Friday to Sunday, the payment will be settled until the bank is open for business on the following Monday. After the settlement is completed, the amount of the card payment minus the handling fee will be released to the merchant. The same is true for POS machine payment. Same, it mainly depends on the type of POS machine and when the payment will arrive.