Security deposit

Credit card payments imply a security deposit, which is due on the amount cleared. Usually this is withheld over a period of six months and is between 5 and 15%. For a credit card acceptance contract, the retention is always provided.

What is the security deposit good for?

Disagio costs, refunds and chargebacks can be paid for by the retention deposit. In addition, the retention deposit provides protection against fraud on the part of the merchant and may be used in the event of violations of regulations.

Credit Cards

Credit Cards

Credit card payments are becoming more popular online. Find out which advantages and disadvantages this method has and what you should take into consideration.