[gmarti29]

Would you consider the merchant as a "slow pay" or in "default" while adjusting down their remit %? And would this affect their chances at renewal with you?

[Fundkite Egor]

Would you consider the merchant as a "slow pay" or in "default" while adjusting down their remit %? And would this affect their chances at renewal with you?

If the merchant needs to adjust percentage AFTER funding, it is considered lowering payments.

However if the merchant continues payments and closes their balance with us we will consider a renewal.

[abfunders]

If the merchant needs to adjust percentage AFTER funding, it is considered lowering payments.

However if the merchant continues payments and closes their balance with us we will consider a renewal.

So Egor, the percentage stays the same, but the amounts can vary? Similar in many ways to a credit card split?

[FundKite]

That is correct. The payments vary based on sales. A merchant whose payments are lower because sales are slow is not in default.