From Funding
to Settlement
A complete walkthrough of the TapSnap payment lifecycle — from the moment a customer loads funds to the moment a merchant receives their payout.
Online Funding
The customer creates a TapSnap account and loads funds via ACH bank transfer or debit card. Funds are held through regulated banking partners — never on TapSnap servers. Balances are available the same business day.
Methods
ACH, Debit Card
Availability
Same Business Day
Custody
Regulated Banking Partners
KYC
Real-Time Identity Verify
Digital Pass Balance
Once funded, the customer receives a digital wallet pass — compatible with Apple Wallet and Google Pay. The pass displays their current balance and a dynamic QR code that refreshes for every transaction.
Pass Type
Apple & Google Wallet
QR Refresh
Per-Transaction Dynamic
Balance Display
Real-Time
Offline Support
Yes (cached QR)
In-Store Scan
At the licensed merchant's register, the customer opens their wallet app and presents the QR code. The merchant's device scans it, TapSnap authorizes the transaction in under 3 seconds, and the customer's balance is debited instantly.
Auth Time
< 3 Seconds
Hardware Req.
Any Camera Device
Card Data on POS
None — Zero Storage
License Check
Real-Time at Auth
Automated Merchant Settlement
Each evening, TapSnap batches all settled transactions and initiates ACH transfers to each merchant's registered business bank account. Merchants receive funds the next business day with a full transaction breakdown.
Settlement Rail
Next-Day ACH
Batching
Nightly Automated
Reporting
Per-Merchant Itemized
Notifications
Email + Portal
The TapSnap Promise
Every dollar that flows through TapSnap is tracked, verified, and settled transparently. No raw card data ever touches a point-of-sale device. Funds are held through regulated banking partners at all times. Merchants are verified, licensed, and re-checked on every transaction.