Often times, when a high-risk business looks to get approved for a merchant account to accept credit cards, the bank will require them to establish a reserve account. But many merchants don’t understand what a reserve account is or how it works. We’re here to help. In this BCB Processing Point video we’ll quickly explain […]
Tag Archives: reserve account
What is a Rolling Reserve Account, anyway? What is a rolling reserve account? Often times, to get approved for a high-risk merchant account to accept credit cards, the acquiring bank requires the merchant to establish a reserve account. For that reason, you should know what reserve account is. In addition, you should also know what […]