Quote:
Originally Posted by genoveze
I see, thanks guys I guess I will keep looking,
paying 80% to content creators plus the streaming costs
wont leave much on the table if they hold on top of the fees
but I know its industry standard to hold that 5%
Cheers
|
The standard, and I wouldn't exactly call it that, is a 10% rolling reserve during the first 6 months of processing. In many cases, the dollar figure can be capped if CBs are low and there are no other issues.
Someone said onboarding is slow, and that's not true if the applicant has all their ducks in a row and their KYC is solid.
I'm boarding new merchants all the time, so I am talking from first hand experience. Thanks.