This typically only applies for events with $20,000+ in ticket sales.  A withholding is when Purplepass issues a settlement payment to a promoter but withhold a portion of the money.  Usually this is 5% of the total amount due.  For example, if you are due $40,000 for ticket sales, we would issue a partial settlement of $38,000 and withhold $2,000 (5%) from 30-90 days, depending on the number of disputes we receive.  This is used to cover any refunds or chargebacks that may occur after the event is paid out.  Withholdings do not apply to smaller events.

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