Hi

Can anyone tell me how often I would be paid if I was paid bi weekly 1 week arrears

Thanks

Settlements for the period 1-15 days will be paid on the 22nd-23rd day

so bi weekly with 1 week arrears means I'll be paid once a month
Settlements for the period 1-15 days will be paid on the 22nd-23rd day

It is not true. It depends on how to calculate. You will be paid two times on the next month: the period 16-31 is paid on the 7th day of following month, and the period 1-15 of the following month is paid on the 22nd day of the following month.

different gateway provider got different payout term

What company are you using? Have you contact them? For example, 2CO usually pays out every week depending on volume. If you have a merchant account and an electronic payment gateway, usually your money is deposited into your account within a day or so of the batch if you are in the United States

The best thing would be to confirm it with the payment processor that you are using and give them a concrete example and have them provide you with the dates.

Also, by what method are they paying you? If they are depositing via ACH, that could add a couple days potentially depending on how their ACH relationship is setup.

If they do it via wire - it should be same day.

If they do it via mailing a check, well - that depends on the postal service between them and you which could be fast, average or worse. :)