http://findyourmerchantaccount.com/129 The Best Merchant Account Reviewed Sat, 21 Apr 2012 14:07:05 +0000 hourly 1 http://findyourmerchantaccount.com/129#comment-152 claudi Mon, 23 Feb 2009 05:06:48 +0000 http://findyourmerchantaccount.com/129#comment-152 Hi there! To answer your question, rolling reserves is a percentage of the money deposited in your account that is put on hold. The reserves are usually charged on a monthly basis but really, different account providers have their own policies as to when it will be implemented. This allows them to cover any chargebacks on the account or any other refuted transactions. The rated also differ because of several factors including the type of business you are in, risk-assessment of your business model, as well as your credit and credit score & if you a chargeback history. What's good in it is that the account holder- business man can actually be granted to open an account because of credit cards virtually have these reserves. The rolling reserves will be refunded to the account holder at a certain time period depending on the terms of the account. Hi there! To answer your question, rolling reserves is a percentage of the money deposited in your account that is put on hold. The reserves are usually charged on a monthly basis but really, different account providers have their own policies as to when it will be implemented. This allows them to cover any chargebacks on the account or any other refuted transactions. The rated also differ because of several factors including the type of business you are in, risk-assessment of your business model, as well as your credit and credit score & if you a chargeback history. What’s good in it is that the account holder- business man can actually be granted to open an account because of credit cards virtually have these reserves. The rolling reserves will be refunded to the account holder at a certain time period depending on the terms of the account.

]]> http://findyourmerchantaccount.com/129#comment-151 525 B Sun, 22 Feb 2009 03:52:36 +0000 http://findyourmerchantaccount.com/129#comment-151 Rolling reserves is only good for the merchant bank that is proccessing for you because they are afraid of any charebacks or if you run away without paying the monthly fees so the rolling reserves is their colllateral. However a rolling reserve in my point of is a good way to start saving money by having the money a side and usually you will get it back within 180 days half a year. However you should do a research on the payment processing company before signing up with a rolling reseve because their has been alot of merchant scams going online. By the why why do you need a offshore merchant account ? The fees is very expensive. Rolling reserves is only good for the merchant bank that is proccessing for you because they are afraid of any charebacks or if you run away without paying the monthly fees so the rolling reserves is their colllateral. However a rolling reserve in my point of is a good way to start saving money by having the money a side and usually you will get it back within 180 days half a year. However you should do a research on the payment processing company before signing up with a rolling reseve because their has been alot of merchant scams going online. By the why why do you need a offshore merchant account ? The fees is very expensive.

]]>