What can the merchant use the money for?
The merchant is free to use the money in any way they feel is best for their business. Actually, there are no limitations on how they can use the cash. Many merchants use it for expansion, advertising, new equipment or increased (or seasonal) inventory. It is also frequently used for unforeseen emergencies or to buy out a partner or acquire a new location.
Related Questions
- HOW DO I PROVE THAT A MERCHANT CAUSED ME TO SUFFER AN ASCERTAINABLE LOSS OF MONEY OR PROPERTY UNDER THE NEW JERSEY CONSUMER FRAUD ACT?
- Is there a charge to transfer money from the processing "correspondent" bank to the Merchants Bank?
- Can I withdraw money from the card at a teller window or merchant checkout lane?
