News from the Wire

Helcim's Faster Deposits helps SMBs access funds sooner, no extra cost

Tuesday, April 08, 2025 — 16:38:47 (UTC)

Calgary, AB, Canada, April 8, 2025 /PRNewswire/ - Helcim, the payments company built to serve small and medium-sized businesses, is proud to announce the launch of Faster Deposits — a new feature that gives merchants access to their funds by the next business day, automatically and at no additional cost.

Helcim Faster Deposits (CNW Group/Helcim)

In an industry where traditional payment processing settlement timelines often lag behind the needs of small businesses, Helcim is challenging the status quo. While most providers take up to three business days to process credit card payments—and often charge 1–2% per transaction for expedited access—Helcim is offering faster funding with no hidden fees and no extra hoops to jump through.

Helcim's Faster Deposits is powered by real-time payment networks, including FedNow, the RTP network, and Interac Instant, ensuring faster movement of money across both U.S. and Canadian markets. The feature is already rolling out to merchants and will be fully available by Summer 2025.

"We built Faster Deposits because business owners told us waiting days for funds can impact everything—from making payroll to restocking inventory," says Nic Beique, CEO and Founder of Helcim. "This isn't a premium add-on. It's a core part of our mission to make running a business easier and more affordable."

"At Helcim, we believe faster access to your money shouldn't come with extra fees," said Seamus, VP of Product at Helcim. "While others charge up to 2% for quicker deposits, we're giving our merchants next-business-day access completely free of charge — no hidden fees, no manual setup, just faster payments that support growth. Whether you're running a food truck or a legal practice, getting paid faster helps you move quicker, reinvest with confidence, and focus on what really matters — your business."

Faster Deposits is rolling out across the U.S. via FedNow and the RTP network, with Canadian availability through Interac Instant expected by Summer 2025 — offering next business day access to funds at no extra cost and with no setup required for eligible merchants.

Learn more about Faster Deposits here.

About Helcim

Helcim is on a mission to be the world's most loved payments company by giving small businesses every possible edge to thrive and enrich their communities. With transparent pricing, human support, and powerful payment tools, Helcim delivers an easier, smarter, and more affordable experience. Serving thousands of merchants across North America, Helcim processes billions in payments annually across more than 800 industries.

Visit www.helcim.com for more details.

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Source: Company press release.

Categories: New Product