02-08-2003, 05:05 PM
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Fuck Checks, CASH only!
Join Date: May 2002
Location: New York City
Posts: 19,422
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Quote:
Originally posted by RSharpe
I don't see what you're getting at.
Let's look at ibill or ccbill: you rake in 100K a month so that's 600K in 6 months. 15% (reserve) is about 90K. So if you're making 100K consistently, you always have 90K tied up in reserves with ibill or ccbill.
With Epoch, they charge 5% so in 6 months you just have 30K tied up with them. It will take you 18 months to make up a reserve that took you just 6 months to make with the other processors.
How is it any different other than the fact that you keep more of your money for longer. I think it's a pretty good deal really but what do I know ....
=RS=
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No its 5% reserve
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