I just signe up for my merchant account with paypal yesterday. Today when I logged on I was asked to sign a new agreement.
I scanned it and was concerned with the portion that states that we are restricted from running the credit card until the merchandise ships.
1.1.Deposit Transactions. Merchant agrees that it shall only submit card transactions that directly results from bona fide cardholder transactions with that Merchant. Merchant agrees that it will not submit a transaction until Merchant: (i) obtains an authorisation, (ii) completes the transaction, and either: (iii) ships or provides goods, (iv) performs the purchased service, or (v) obtains the cardholder’s consent for a recurring transaction.
How does this possibly work with a cart. My shipping is sometimes 3-5 days from receipt of an order because items are custom..
How should this be handled? Doesn't the cart run the credit card as soon as the order is placed?
Ladybug
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