- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
Payments
This is bizzare and false info.
Intuit/Stripe is not holding our money for a week because of a law enforcement mandate, they are voluntarily holding it because it increases their profit margin to do so, whether by overnight investing, or just so they can charge us a fee to release the funds at the normal pace of all other banks.
The only small justice at the moment (though it doesn't help us small business owners) is that the overnight rate is basically zero so they are going through these acrobatics with OUR money and not really earning anything on it.