Comment on Can Square make money with its new pricing?parentComments−dhyasama15yActually, if a merchant is "on reserve" and having their funds held, then the processor is required to keep the money in a non-interest bearing account. They don't make money on it. Reserves are to cover the processor's ass on chargebacks.
Comments
Actually, if a merchant is "on reserve" and having their funds held, then the processor is required to keep the money in a non-interest bearing account. They don't make money on it. Reserves are to cover the processor's ass on chargebacks.