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If they're uncomfortable releasing all of the payments to you right away you can have them hold back some extra (that is assuming this is a new account without an established activity trend). Just for a few months until a normal activity trend can be established.
If they're requiring that information from you to continue providing service you might want to seek out another processor.
Now if they're asking for that information in consideration of giving you a better discount rate ... well, that might be worth it.
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