joined:Dec 8, 2003
So my merchant account provider wants to hold 10% of the total sale for a month based on the 'risk' of my website because I said once the card is charged, it will take 6-7 days for the products to reach the customer.
The 10% will be held for a month, then I will be given that amount back.
Also, they are giving me my $ once a week.
Is this normal or am I getting a bad deal here?