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Holiday Reminder

Christmas Day and New Year’s Day

 

As a reminder, Worldpay offices will be closed in observance of the following holidays:

Christmas Day will be observed on Tuesday, December 25 and our offices will be closed. Please be advised that daily settlement processing for Tuesday, December 25 will be posted with your Wednesday, December 26 business.

New Year's Day will be observed on Tuesday, January 1, 2019 and our offices will be closed. Daily settlement processing for Tuesday, January 1 will be posted with your Wednesday, January 2 business.

Listed below please find a complete listing of all Federal Reserve Bank Holidays for 2019:

Holiday Date
New Year’s Day Tuesday, January 1, 2019
Martin Luther King, Jr. Day* Monday, January 19, 2019
Presidents Day* Monday, February 18, 2019
Memorial Day Monday, May 27, 2019
Independence Day Thursday, July 4, 2019
Labor Day Monday, September 2, 2019
Columbus Day* Monday, October 14, 2019
Veterans Day* Monday, November 11, 2019
Thanksgiving Day Thursday, November 28, 2019
Christmas Day Wednesday, December 25, 2019

 

*Worldpay will be open for business

Visa and Mastercard follow certain timetables for interchange compliance. In most instances, the networks require you to clear your transactions within 2 days of the transaction date in order to achieve the best interchange rate. Weekends count as 1 day and banking holidays are typically excluded from the interchange timeliness test, meaning you have an extra day for these holidays to submit your transactions and still achieve the best interchange rate.

Please note, Columbus Day and Veterans Day are NOT excluded from Mastercard’s interchange timeliness test. As always, Worldpay recommends that you submit your transactions for settlement within 2 days of the transaction date regardless of day of the week or holiday to ensure that you meet all timelines for interchange compliance.

 

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