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04-10-2015, 07:33 AM #4
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- Join Date
- Jan 2013
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- Berlin, CT
- Posts
- 191
who splits with elavon
Some processors don't like lockbox because they have a hard time collecting their monthly fees if the minimum balance isn't set correctly. The one day delay can also cause cash flow issues for the merchant and that one day delay makes the processor look bad. They're the one that would field all of those customer service calls if the merchant thinks it's their fault.
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