2 ms·

Is there any processor which puts the funds to themselves, with the legal binding that unless customer charge backs I will get the money after the chargeback pe

Is there any processor which puts the funds to themselves, with the legal binding that unless customer charge backs I will get the money after the chargeback period? Seems like this could save payment processor with lot of headaches while reducing their fees.

35mm 4y ago
Probably not because it would be hard for most businesses to wait 180 days to get paid.