http://findyourmerchantaccount.com/536 The Best Merchant Account Reviewed Sat, 21 Apr 2012 14:07:05 +0000 hourly 1 http://findyourmerchantaccount.com/536#comment-560 liracer Tue, 21 Jul 2009 07:40:16 +0000 http://findyourmerchantaccount.com/536#comment-560 Sounds like FDR or a divsion of first data. What type of business do you have. I have had this happen in business. They do have to send the owner of the business a letter as to why they are are not funding. It is usually for security issues. If you manually key many cards, or take phone orders and a person complains they will totaly stop funding you. I was delivering rental cars to high end clients and taking credit card numbers over the phone. The held almost 5G of my money for 6 months. What i did was set up another bank account and signed uo with a new company. I have always kept a seperate credit card account from the general business account so the only thing they don't have access to all your money. When the money clears i would go on line and transfer it over to the main account. Its a real hassel its just like a IRS audit. If your transaction activity is outside the curve they set for your type of industry the automatically freeze funding. With my company I was set up as a retail store with a average ticket of 150 when i delivered about 30 cars on long term per pays my average ticket jumped to about 900 each. I set up with a new company when i could not resolve the issues easley. If you wait too long to do so they will report you to Master/Visa and no one will be able to turn you on untill their security issue is resolved. They can not make you get a lawyer talk to the person who set you up and call Visa security department directly . Not the bank and not the credit card processing house. Visa international themselves. Sounds like FDR or a divsion of first data. What type of business do you have. I have had this happen in business. They do have to send the owner of the business a letter as to why they are are not funding. It is usually for security issues. If you manually key many cards, or take phone orders and a person complains they will totaly stop funding you. I was delivering rental cars to high end clients and taking credit card numbers over the phone. The held almost 5G of my money for 6 months. What i did was set up another bank account and signed uo with a new company. I have always kept a seperate credit card account from the general business account so the only thing they don’t have access to all your money. When the money clears i would go on line and transfer it over to the main account. Its a real hassel its just like a IRS audit. If your transaction activity is outside the curve they set for your type of industry the automatically freeze funding. With my company I was set up as a retail store with a average ticket of 150 when i delivered about 30 cars on long term per pays my average ticket jumped to about 900 each. I set up with a new company when i could not resolve the issues easley. If you wait too long to do so they will report you to Master/Visa and no one will be able to turn you on untill their security issue is resolved. They can not make you get a lawyer talk to the person who set you up and call Visa security department directly . Not the bank and not the credit card processing house. Visa international themselves.

]]>