Paycom Clients - GoFuckYourself.com

crowkid · 02-20-2007, 11:25 AM

I've been with Epoch nearly 6 years now. I was wondering, does Epoch ever return the holding fee? I've never seen any of that money, just wondering if they keep it forever for themselves! Thanks

Tat2Jr · 02-20-2007, 11:27 AM

They did away with rolling holdings and just keep a certain amount based on your averages if I remember correctly. So no you don't get it back, but on the other hand they don't take anymore either. I could be wrong... I'm sleepy.

Rand · 02-20-2007, 11:44 AM

Quote:

Originally Posted by crowkid

I've been with Epoch nearly 6 years now. I was wondering, does Epoch ever return the holding fee? I've never seen any of that money, just wondering if they keep it forever for themselves! Thanks

Reserves are no longer taken on accounts for credit card transactions. Some older accounts still retain a balance due to their processing agreement and volume, but no additional reserve fees are taken.

If you would like for us to look at your account we are happy to do so. Write to Accounting at Epoch dot com. Be sure to include your Master Code.

crowkid · 02-20-2007, 11:57 AM

Thanks Rand, good to see you're still around and active as ever on the boards...This guy is like an Epoch ALL Star, lol.

Rand · 02-20-2007, 12:53 PM

Thanks!

And for the record..... we don't keep reserves.

Your processing agreement tells you how funds are returned and we've already returned reserve funds to many clients.

02-20-2007, 11:25 AM	#1
crowkid o.g. spammer Industry Role: Join Date: Jan 2003 Location: Houston, Texas Posts: 1,240	Paycom Clients I've been with Epoch nearly 6 years now. I was wondering, does Epoch ever return the holding fee? I've never seen any of that money, just wondering if they keep it forever for themselves! Thanks

02-20-2007, 11:27 AM	#2
Tat2Jr Confirmed User Join Date: Feb 2001 Location: Sunny California Posts: 4,882	They did away with rolling holdings and just keep a certain amount based on your averages if I remember correctly. So no you don't get it back, but on the other hand they don't take anymore either. I could be wrong... I'm sleepy. __________________ NICHE MONEY >> Ass Worship • Panties • Solo Teen • Pantyhose Serving up exclusive fetish sites since 1997!

02-20-2007, 12:53 PM	#5
Rand Industry Vet Industry Role: Join Date: Jan 2002 Location: Santa Monica, CA Posts: 2,663	Thanks! And for the record..... we don't keep reserves. Your processing agreement tells you how funds are returned and we've already returned reserve funds to many clients. __________________ -- Rand Payment Industry - Communications - Quality Assurance

02-20-2007, 11:57 AM	#4
crowkid o.g. spammer Industry Role: Join Date: Jan 2003 Location: Houston, Texas Posts: 1,240	Thanks Rand, good to see you're still around and active as ever on the boards...This guy is like an Epoch ALL Star, lol.