Overview
With Next Day Payments, your firm can access funds on the following business day from when the payment was sent. This means you’ll receive your money one day sooner than the standard payout speed of two business days. Additionally, this feature enhances cash flow and operational efficiency, offering faster processing of your payments.
Eligibility Criteria
To qualify for Next Day Payments, your account must meet the following eligibility requirements:
Maintain at least six months of positive processing history with 8am (previously LawPay).
Account activity during this period must meet the standards reviewed during the eligibility assessment.
A comprehensive FAQ can be found here.
Enrollment Process
If you are interested in enrolling in Next Day Payments, please contact 8am support to confirm eligibility. Additionally, accounts that meet the criteria (including six months of activity) can request an evaluation. Upon approval, the feature will be activated, and funds will be received on the next business day instead of the standard two business days.