Quote:
Originally Posted by robwod
Beaner, if Google processed for adult, you can bet there would be a reserve. Adult is still considered high risk. The reserves are in place to cover chargebacks and associated fees for a period deemed necessary to mitigate the risks. After that, funds are released, less any fees incurred from the time your billing agreement was terminated.
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If you are banging cards, in any industry, 5% will not cover what is coming. Also, i have been told straight from adult gateway that 5% is NOT to cover chargebacks. It's simply a happy number they like to hold onto.
Any cash business it is in the interest of the business to retain as much cash, for as long as possible.