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Cash Vanishes from Merchants' Accounts

General Business Discussions

A place to talk about general business discussions.
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Old 05-10-2009, 03:48 PM
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Default Cash Vanishes from Merchants' Accounts

Here is something to think about if you accept credit cards for payments....

Cash Vanishes from Merchant's Accounts

Don't know if Pay Pal does this or not. Seems entrepreneurs have to be ever more careful and not trust the credit card companies.....
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Old 05-11-2009, 04:31 AM
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That is very fascinating! So if you find yourself becoming more successful and making more sales through credit card orders, the processor may try to with hold more money for fear of you running up credit card sales and then going out of business. If you go out of business the processor has to make good on any refunds!

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