Search for: "Merchant Cash "
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1 Feb 2024, 6:48 am
In what appears to be a cash advance scenario where, pursuant to a merchant agreement, the funder/lender would purchase the borrower/defendant’s future receipts for an up-front payment and not call the transaction a loan. [read post]
26 Jan 2024, 6:00 am
We need more coverage and more merchants to accept Amex. [read post]
19 Jan 2024, 1:36 pm
Police stop U.S. citizen and immigrant from Sierra Leone and find $71,613 in cash. [read post]
19 Jan 2024, 6:00 am
Down in Florida, the state is considering a law that would force merchants to accept cash, essentially prohibiting them from digital-only methods of payment. [read post]
18 Jan 2024, 8:35 am
Thousands of SAD Scheme lawsuits have been filed because the TROs take the online merchant off the marketplace entirely and usually extract some cash. [read post]
12 Jan 2024, 6:00 am
An accumulation of international political and legal pressure could provide a chance for rival payment providers, such as PayPal’s Venmo, Block’s Cash App or the new bank-led Paze mobile wallet to directly challenge Apple Pay on Apple devices, cutting into the technology giant’s advantage and its business model. . . . [read post]
30 Dec 2023, 9:02 am
Online marketplaces will make judgment calls that help rightsowners get that cash–but only when they aren’t treated as adversaries. [read post]
15 Dec 2023, 6:00 am
Businesses in New York are permitted to offer two-tiered pricing systems in which the credit card price for certain sales transactions is posted alongside the cash price. [read post]
15 Dec 2023, 4:16 am
Should you choose to follow his example, keep cash on you. [read post]
10 Dec 2023, 9:17 am
The plaintiff claims that Amazon listings falsely claim that other merchants’ cartridges are “remanufactured” or “recycled. [read post]
5 Dec 2023, 9:44 am
The real money is in quick defendant settlements forced by the freezes on the merchants’ accounts, and that action occurs extrajudicially immediately following issuance of the ex parte TRO. [read post]
1 Dec 2023, 6:00 am
“When we talk and listen to merchants and retailers, they say things like, we feel trapped because we have to take card payments,” said Garner, adding that giving retailers the option to charge without using a card network would create a “healthier” market, especially as the use of cash was falling. [read post]
28 Nov 2023, 7:18 am
” The article explains how IP rightsowners are twisting the rule of law to obtain ex parte TROs that prompt online marketplaces to freeze the defendants’ cash and accounts. [read post]
17 Nov 2023, 6:00 am
Claims that only large businesses with high credit card volume would benefit from the CCCA are false, counters Doug Kantor, an executive committee member for the Merchant Payments Coalition and general counsel for the National Association of Convenience Stores. [read post]
10 Nov 2023, 6:00 am
And it comes as more merchants turn to surcharge and cash-discount programs to recoup their card-acceptance costs. [read post]
6 Nov 2023, 1:35 pm
The product at issue, merchant cash advances, generally provide small businesses with critical and timely financing, and there was no dispute that the defendants gave these businesses upfront lump-sums of money in exchange for the right to collect future receivables. [read post]
22 Oct 2023, 11:03 pm
For example, many dealers rely on a revolving line of credit with a bank to balance the inconsistencies in cash flow in the dealers’ business. [read post]
22 Oct 2023, 9:05 pm
No liens or claims could spring up to claw back the Bitcoin any more than they could for a cash sale in dollars. [read post]
20 Oct 2023, 6:00 am
But cash isn’t always king, even in the world of high fees. [read post]
6 Oct 2023, 9:00 am
“Half of them say, ‘Gosh, I have no cash. [read post]