Delay Days
In the realm of payments, “delay days” refer to the specific number of days by which the release or settlement of funds is intentionally deferred after a transaction. This delay is often instituted for risk management purposes, allowing payment processors or financial institutions to assess and mitigate potential issues such as chargebacks, disputes, or fraud […]
In the realm of payments, “delay days” refer to the specific number of days by which the release or settlement of funds is intentionally deferred after a transaction. This delay is often instituted for risk management purposes, allowing payment processors or financial institutions to assess and mitigate potential issues such as chargebacks, disputes, or fraud before releasing funds to the recipient. Delay days contribute to the overall security and stability of the payment processing system, providing a window for thorough verification and risk assessment.
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