Only charge when transaction get approved
Will be returned to your balance after 180 days for all merchant accounts
With the method of circulation settlement, merchant can be settled by daily to get cash flow quickly.
To prevent the risk from high risk business, we usually will set a relatively long settlement cycle for those merchants who have no processing history or who have pretty high chargeback ratio and low volume.
Our settlement ROE(Rate of exhcange) refers to the BOC Cash Selling Rate.Please check the details Here.However the actual ROE we're taking will be increased by 1.5% to 2.5%.
Your customers will be charged a bit more than original price due to currency conversion.Our acquiring bank is located in China, so all other currencies will be converted to CNY before the transaction was cleared. If the customer's local currency of credit card does not match the Business owner's account, they may be charged another currency exchange fee by the issuing bank.We're sorry for the inconvenience caused.