Rolling Reserve "Keeping My Money"

soundoc
Contributor
Contributor

I can't believe what Paypal calls a security feature "rolling reserves" helps anyone but them. I've been with paypal for 10 years now and never had a charge back. I sell high end sound systems for churches, clubs etc. Sometimes it takes a year to close a deal. So where is the risk? My profit margin is 10% and Paypal is holding 30% for 90 days, really? So I have to pull 20% out of my pocket to make a sale? Its a good thing I caught it after one sale. If I have 2 or 3 customers at the same time a would be bankrupt. Thank you Paypal. Switching to Authorize.net See-Ya!!!

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