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-   -   getting your ibill reserve shortened (https://gfy.com/showthread.php?t=87031)

quiet 11-07-2002 11:33 PM

getting your ibill reserve shortened
 
has anyone been able to talk ibill into shortening their ibill reserve to less than 6 months?

as this Visa stuff begins to settle down, i'm thinking about attempting it - i've heard that it is (was) possible.

Fletch XXX 11-08-2002 12:42 AM

If it can be done, I am sure they would do it for an acct of your status, no? Seems they would...

;)

quiet 11-08-2002 01:51 AM

i like to think so. has anyone attempted this?

Shark 11-08-2002 06:22 AM

I may be wrong, and it may not have bearing on this, but I thought that this period was standard for merchant accounts...

Ted 11-08-2002 06:26 AM

I'm not sure if you would get the reserve period shortened but if you have a low charge back rate then you should be able to negotiate a lower percentage...... especially if you drop into the conversation things like "well when i talked to ccbill"

AcidMax 11-08-2002 06:28 AM

Which brings me to another question..if you don't mind quiet..I was curious if since we are not staying with I-Bill and only have a few recurring members (who are switching very soon) if I will still get what is in my reserves if we dont pay the Visa fee. There will be no ongoing transactions, but if I don't get my reserves I will be pissed.

Just curious if anyone knows, if not I will contact I-Bill directly.

Andy

Shark 11-08-2002 06:49 AM

Quote:

Originally posted by AcidMax
Which brings me to another question..if you don't mind quiet..I was curious if since we are not staying with I-Bill and only have a few recurring members (who are switching very soon) if I will still get what is in my reserves if we dont pay the Visa fee. There will be no ongoing transactions, but if I don't get my reserves I will be pissed.

Just curious if anyone knows, if not I will contact I-Bill directly.

Andy

I'm not in this position but earlier on last month I asked this theoretical question to my rep and she said that the reserves would be paid out regardless.

Although my rep also contradicts herself regularly, I dont see how they could not payout on them as its money previously earnt prior to this shitfight.

It may pay to carefully read their T&C's, you never know what nasty stuff can lurk in there.


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