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NETbilling · 10-02-2002, 11:18 PM

Hi again,

Actually most banks do now require a rolling reserve. It is standard in the industry to charge 5 or 10% depending on the business type, monthy volume, credit of the person applying etc.. The bank does not want to get burned by fly by night merchants so they usually require it.

Actually we have referred many to Cardservice lately and have had pleasant experiences when going though us to Merchant hawk. We can help establish domestic and offshore accounts and now have a department dedicated to merchant account acquisition. So, if you are ready to get your own account, give us a call and we will answer all of your questions and discuss the options.

More questions... fire away ****

Thank you, Mitch Farber

10-02-2002, 11:18 PM
NETbilling Confirmed User Industry Role: Join Date: Jan 2002 Location: Huntington Beach, CA Posts: 8,580	Hi again, Actually most banks do now require a rolling reserve. It is standard in the industry to charge 5 or 10% depending on the business type, monthy volume, credit of the person applying etc.. The bank does not want to get burned by fly by night merchants so they usually require it. Actually we have referred many to Cardservice lately and have had pleasant experiences when going though us to Merchant hawk. We can help establish domestic and offshore accounts and now have a department dedicated to merchant account acquisition. So, if you are ready to get your own account, give us a call and we will answer all of your questions and discuss the options. More questions... fire away ** Thank you, Mitch Farber __________________ Mitch Farber** CEO - NETbilling, Inc. Email / Phone: 888-357-8166 / 661-252-2456 Transaction processing & 24/7 call center services with exceptional rates and flexibility, since 1998!