DedicatedPros Posted July 28, 2009 Share Posted July 28, 2009 (edited) I was thinking of signing up with Moneybookers as a merchant but I received an email from them saying they will hold 10% of all my transferred funds for 180 days, is this true or am I not understanding them correctly If the above is true, why on earth do you use them Are there any other hidden costs we should know about? And lastly, how long does the VISA card withdrawal take? I know they have options to withdraw funds via a bank transfer, a check, or straight to a VISA card so I'd like to know how long this takes as I've never heard of such a thing Edited July 28, 2009 by DedicatedPros 0 Quote Link to comment Share on other sites More sharing options...
DedicatedPros Posted July 29, 2009 Author Share Posted July 29, 2009 bump bump 0 Quote Link to comment Share on other sites More sharing options...
WHMCS Support Manager WHMCS John Posted July 29, 2009 WHMCS Support Manager Share Posted July 29, 2009 Holding a reserve is normal. Certainly Worldpay do it and it's used to fund potential chargebacks. It can usually be re-negotiated after you've been using them for a while. 0 Quote Link to comment Share on other sites More sharing options...
DedicatedPros Posted July 29, 2009 Author Share Posted July 29, 2009 Grr Couldn't they just take the chargeback funding from my bank account, or subtract from my MB balance (PayPal does both, first they give you a negative balance then they try to charge your account). With 10% of all my funds on hold I won't be able to break even on bigger orders 0 Quote Link to comment Share on other sites More sharing options...
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