4 ms·
Merchant account banks do this ALL THE TIME. It's standard business. See here: https://www.reddit.com/r/smallbusiness/comments/320bbd/my_merchant_account_provid
by URSpider94 11y ago
Merchant account banks do this ALL THE TIME. It's standard business. See here: https://www.reddit.com/r/smallbusiness/comments/320bbd/my_merchant_account_provider_is_holding_over/ https://www.reddit.com/r/smallbusiness/comments/320bbd/my_me...
or here: https://chargebacks911.com/knowledge-base/what-is-a-merchant-account-reserve/ https://chargebacks911.com/knowledge-base/what-is-a-merchant...
or here: http://www.cardfellow.com/merchant-account-holds/ http://www.cardfellow.com/merchant-account-holds/
- scott_s 11y agoThis is the key point: PayPal is not your checking account. PayPal is more like a merchant account which voluntarily takes on much more risk than most banks are willing to in their merchant accounts.