payments offer rapid settlement and reconciliation for faster payment services and real-time payment systems, which means they are irrevocable and irreversible. While this doesn’t make real-time payments inherently riskier than traditional payments, it does make them an attractive target for scammers....
In the explanation of settlement and clearing above, I noted that the processor will deposits the funds from your credit card sales into your business bank account and deduct processing fees. However, there are some variations on exactly how fees are deducted, and when funds are deposited. Credi...