Are payments processed on weekends or holidays?

Overview

While payments can be approved 24/7, processing only occurs Monday through Friday, excluding Bank Holidays. During Bank Holidays, payments are processed on the next business day, which may create a short delay before funds reach Vendors. Regardless, PayCargo guarantees that Vendors will receive the payment and can release cargo as soon as the payment confirmation (receipt) is received.

PayCargo's Bank Holiday Schedule

Bank Holiday observed by PayCargo
Date
When does Vendor receive funds?

New Year’s Day

01/01/2026

Monday: 01/05/2026

Martin Luther King Day

01/19/2026

Wednesday: 01/21/2026

President's Day

02/16/2026

Wednesday: 02/18/2026

Memorial Day

05/25/2026

Wednesday: 05/27/2026

Juneteenth Day

06/19/2026

Tuesday: 06/23/2026

Independence Day (observed)

07/03/2026

Tuesday: 07/07/2026

Labor Day

09/07/2026

Wednesday: 09/09/2026

Columbus Day

10/12/2026

Wednesday: 10/14/2026

Veterans Day

11/11/2026

Friday: 11/13/2026

Thanksgiving Day

11/26/2026

Monday: 11/30/2026

Christmas Day

12/25/2026

Tuesday: 12/29/2026

What should I do if my Vendor does not want to release cargo but they are Same Day Release in the platform?

As a Same Day Release Vendor, the carrier commits to releasing cargo upon confirmation of payment, such as a receipt or email notification. If a vendor does not adhere to this requirement, please contact PayCargo Support for assistance.

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