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Fucking Around & Business Discussion
WHat % typically goes to processing?
WHat % typically goes to processing?
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wedouglas
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#1
WHat % typically goes to processing?
08-12-2006, 11:27 AM
I never really looked until now, but one of my sponsors, the processing charge for yesterday on 203.50 was 58.65?
That seems HUGE.
wedouglas
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#2
08-12-2006, 11:52 AM
Bump for me.
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brand0n
been very busy
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#3
08-12-2006, 11:57 AM
are you including the reserve?
15 for processing then 10 in reserve. 25 is kinda the figure for everyone..
want to buy this spot for cheap? it is of course for sale. long term deals are always the best bet. brand0n/ at/ a o l dot commies.
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wedouglas
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#4
08-12-2006, 12:11 PM
Originally posted by
brand0n
are you including the reserve?
15 for processing then 10 in reserve. 25 is kinda the figure for everyone..
what is "in reserve"
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andrej_NDC
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#5
08-12-2006, 12:23 PM
ccbill gets 100% from me...
...100% of my love
average fees are around 15% and 5% reserve
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wedouglas
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#6
08-12-2006, 12:35 PM
what is reserve?
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Craig T
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#7
08-12-2006, 04:25 PM
The Reserve is the amount billing companies hold for 6 months as required by most banks as security against chargebacks, fraud, etc. You will start receiving your reserve amount back six months later.
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