The issue of delayed payment settlements by e-commerce platforms, highlighted by the Wemakeprice and Tmon incidents, is spreading to the banking sector.Merchan
Despite some superficial similarities to an unsecured loan with a traditional lender, legal... as pre-settlement funding or plaintiff advances, and commercial financing. Consumer financing...
Recently, TMON and WeMakePrice experienced delays in settlement payments, leading to a halt in credit card transactions on these e-commerce platforms and the suspension of pre-settlement loans by banks. According to industry sources on the 24th, payment gateway (PG) companies temporarily suspended transactions with TMON and WeMakePrice. Consequently, it has become impossible to make or cancel credit card payments on these platforms. A PG company representative explained, "We took proactive measures to prevent further damage," and added, "Custom ...
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/PRNewswire/ -- Legal-Bay, the Pre-Settlement Funding Company, announced today that they have extra staff preparing for the busy Christmas season, when clients...
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