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| Discuss what's fucking going on, and which programs are best and worst. One-time "program" announcements from "established" webmasters are allowed. |
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11-24-2003, 12:56 PM
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#1 |
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Confirmed User
Join Date: Dec 2002
Posts: 163
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How many months does Epoch hold your reserves?
just curious
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11-24-2003, 12:58 PM
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#2 |
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Retired
Industry Role:
Join Date: Dec 2002
Posts: 21,257
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 YEARS!!!
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2 lifeguards for Jessica |
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11-24-2003, 12:58 PM
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#3 | |
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Confirmed User
Join Date: Dec 2002
Posts: 163
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Quote:
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11-24-2003, 01:09 PM
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#4 |
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Confirmed User
Join Date: Dec 2002
Posts: 163
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Bueller....
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11-24-2003, 02:29 PM
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#5 |
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Confirmed User
Join Date: Dec 2002
Posts: 163
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No one here uses them?
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11-24-2003, 02:32 PM
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#6 | |
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Confirmed User
Join Date: Mar 2003
Location: South-East of the Border of Disorder
Posts: 5,093
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Quote:
It works for me. 
__________________
 ALL Domains and Websites are GOING AWAY NOW! Ask me! Many great domains, mainstream and adult, some complete sites with databases, some names with traffic and PR, some investment quality names. Come take a look! { Traffic Orders: Please go here } .:: SHARPEN the Elite - BURN the leftovers! Ooh-Rah!! ::. |
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11-24-2003, 02:38 PM
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#7 | |
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The O is for Oohhh
Join Date: Feb 2003
Location: AUSTIN TEJAS
Posts: 10,861
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Quote:
Yes, I reccomend having your own merchant account  *spam Our acconts have a 10% 6 month rolling reserve. What's nice is the 2.5% chargeback allowance. Gotta incorporate in the EU for us, but we help set it all up. /*spam |
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11-24-2003, 06:52 PM
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#8 |
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Confirmed User
Industry Role:
Join Date: Jan 2003
Location: Cali
Posts: 607
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Once they have your money they don't part with it, even if your processing volume goes down.
They're currently holding reserves of 4 times my monthly volume. I've asked for a reduction and they refused, citing the contract which says they can hold your reserves until "18 months after your last transaction." Considering that you have endless recurring even if you stop processing new sales, they can use the contract to keep your money forever. There is nothing risky about my account. It has been YEARS since I did the volume they are reserving funds for. My chargebacks have always been under 1% since I started processing with Epoch in 98. I always used Epoch to bill new products (although only as gateway lately) and I used to recommend them to others. If they'll hold my reserves, they'll hold yours. Epoch keeps your reserves even after your processing volume goes down, and that is the reason I no longer recommend Epoch. Epoch also reserves more in the first place. Suppose you do $1,000 per week. CCBill would reserve 5% of your last 26 checks, or $1,300. Epoch would reserve a month's worth of processing, or $4,300. That's a big difference.
__________________
Fyodor Dostoyevsky wrote: "Every man has reminiscences which he would not tell to everyone but only his friends. He has other matters in his mind which he would not reveal even to his friends, but only to himself, and that in secret. But there are other things which a man is afraid to tell even to himself, and every decent man has a number of such things stored away in his mind." icq 8243657 |
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11-25-2003, 02:06 PM
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#9 | |
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Confirmed User
Join Date: Dec 2002
Posts: 163
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Hey Wimpy, I appreciate the candid feedback. I took one look at their contract and spit my coffee out all over the screen. How anyone could agree to those terms is beyond me... |
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12-14-2003, 07:37 AM
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#10 |
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Let's do some business.
Industry Role:
Join Date: Jan 2003
Location: The dirty south.
Posts: 18,781
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WTF?
__________________
 Hands Free Adult - Join Once, Earn For Life "I try to make a habit of bouncing my eyes up to the face of a beautiful woman, and often repeat “not mine” in my head or even verbally. She’s not mine. God has her set aside. She’s not mine. She’s His little girl, and she needs me to fight for her by keeping my eyes where they should be." |
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