Quote:
Originally Posted by faxxaff
Just puzzled how people can keep running a biz when they don't want to keep 3 to 4 months on revenue in their accounts.
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I'd be CRAZY to keep 3-4 months revenue in Paxum! I remember Epass. (we came close to losing close to $50K there, and I never want to take that chance again)
We keep as little as possible in ANY third-party payment processor (Paxum, Payoneer, Paypal) as there is just too much risk in keeping significant amounts there.
However, we do maintain a healthy reserve in our own domestic bank accounts.
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