In order to account for refunds, chargebacks, online shoplifting, and fraudulent charges for high-risk transactions, in certain cases, LearnDesk may withhold payments from transactions that are greater than or equal to $100 as a reserve.
Reserves as are paid out to the instructor based on the type of card that was used by the student to purchase the content. The following is the payout schedule for major card types from the day of the transaction:
- MasterCard: 121 days
- Visa: 121 days
- Discover: 121 days