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09-24-2021, 01:54 PM #19
Speaking from personal experience as an ISO rep at Fundkite, majority of our merchants are happy to work with our reconciliation and believe its beneficial to their business cash flow. As opposed to a fixed payment in which the merchant may worry about making payments when business is down.
Reconciliation allows merchants payments to be flexible according to their sales, so yes, a 6 month term could end up being 4 months or 8 and we're fully prepared for either scenario.Egor Gagarin
ISO Relations Rep, FundKite
Direct: 929-443-3300 | Email: egor.g@fundkite.com
Web: fundkite.com
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