What is the reserve on Cartpanda Pay?
When accessing the Cartpanda Pay dashboard, you may have come across the "Reserved Balance" field. Want to know what it means and how it works? We're going to break it down in a simple and straightforward way. Let's dive in! What is the reserved balance? A percentage of all orders processed through Cartpanda Pay is placed into a reserve. This reserve acts as a special balance used to cover potential future chargebacks. In other words, this balance will be used to cover any negatiPopularRecurring Subscriptions/Payments
Cartpanda has introduced a new feature to make life easier for merchants who sell subscription-based products — a model where the customer pays periodically and can continue using the product as long as they wish to keep their subscription active. With this feature, you can attract and retain customers through automatic, recurring purchases of your products. How it works Flow Subscription: Billing occurs month-to-month or according to a custom period you define in theFew readers
