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Hold Back

The money set aside from a merchant’s credit card receipts to cover potential chargebacks or other disputes. Typically, the amount is returned after a specified period. Also known as a hold back.

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©2024 Insignia Payment Solutions. All Rights Reserved.

Insignia Payment Solutions is a registered Independent Sales Organization of Wells Fargo Bank, N.A., Concord, CA. The Clover name and logo are owned by Clover Network, Inc. a wholly owned subsidiary of First Data corporation, and are registered or used in the U.S. and many foreign countries.

©2024 Insignia Payment Solutions. All Rights Reserved.

Insignia Payment Solutions is a registered Independent Sales Organization of Wells Fargo Bank, N.A., Concord, CA. The Clover name and logo are owned by Clover Network, Inc. a wholly owned subsidiary of First Data corporation, and are registered or used in the U.S. and many foreign countries.