rolling reserve definition
rolling reserve is a reserve where a percentage of each transaction you receive each day is held and then released later on a scheduled basis. For example, your reserve could be set at 10% and held for a 90-day rolling period – meaning 10% of the money you receive on day 1 is held and then released on day 91, 10% of the money you receive on day 2 is held until day 92, etc. Rolling reserves are the most common type of reserve. • A “minimum reserve” is a specific minimum amount of funds that you’re required to keep available in your balance at all times. The minimum reserve is either taken as an upfront amount deposited all at once or is established on a rolling basis from percentages of sales until the minimum reserve is achieved, much like a rolling reserve. If we place a reserve on funds in your PayPal account, the money will be moved to your reserve account and shown as “pending” and we’ll notify you about it. If we change the reserve due to a change in our risk assessment, we’ll notify you about it as well. You will undertake, at your own expense, any further action required to establish a reserve or other form of security in a manner reasonably determined by us. This can involve executing any necessary documents and registering any form of document reasonably required by us to allow us to perfect any form of security interest. If you have any reason to believe that there is a problem with your account or our service, follow these steps:
rolling reserve. BlueSnap may in its sole discretion set a six-month Rolling Reserve from each payment due to Merchant to meet potential Refunds and Chargeback requests. Such reserve may be increased in period and amount where BlueSnap determines there to be a significant risk of exposure, or in order to be at a level and coterminous with such reserve period set by Acquirers used to process Merchant’s transactions through BlueSnap. A Rolling Reserve may also be imposed for any business category deemed by BlueSnap or any relevant Acquirer to be of a high than usual risk, such as travel and events.
rolling reserve. BlueSnap may in its sole discretion set a six-month Rolling Reserve from each payment due to Merchant to meet potential Refunds and Chargeback requests. Such reserve may be increased in period and amount where BlueSnap determines there to be a significant risk of exposure, or in order to be at a level and coterminous with such reserve period set by Acquirers used to process Merchant’s transactions through BlueSnap. A Rolling Reserve may also be imposed for any business category deemed by BlueSnap or any relevant Acquirer to be of a high than usual risk, such as travel and events, and may also be imposed for financial exposure or liability of BlueSnap in respect of Merchant, including but not limited to fines, assessments, indemnification obligations, fraud losses and handling,
More Definitions of rolling reserve
rolling reserve is a reserve where a percentage of Transaction amounts to be deposited into a merchant account is held back;
rolling reserve means a type of financial reserve when Service Provider withholds a set percentage of all of the Merchant’s turnover in a non-interest-bearing account for a predetermined amount of time before releasing the funds to the Merchant. Rolling Reserve is intended for avoiding any losses that may arise in the course of executing the Agreement due to potential Chargebacks by Cardholders, penalties enforced by International Payment Card Organisations, acquiring Banks or the Service Provider for any violations, whether of the Agreement, other applicable agreements, applicable laws and regulations, International Payment Card Organisation rules, or otherwise. Rolling Reserve is specified and calculated in accordance with the provisions specified in the Service Conditions and its Annex. The Rolling Reserve is one of the Financial Collateral types. However, the Service Provider, after assessing all the circumstances and possible risks, may require the Merchant to provide additional Financial Collateral next to the Rolling Reserve.
rolling reserve means a percentage of the transaction amount that shall be held by Camirel for a specified period and paid to the Merchant once that period has elapsed. The period which the funds are held by ▇▇▇▇▇▇▇ is communicated to the Merchant and is based upon ▇▇▇▇▇▇▇’s perceived risk of the Merchant’s business. "Material adverse effect" includes, among other things, any change in the applicable Laws that has a significant impact on the financial or operational burdens or rewards of either party under this Agreement.
rolling reserve means the amount known in the industry as the rolling reserve, as determined by the parties on the Closing Date;
rolling reserve means a security deposit intended to secure financial transactions against any effect related to a default in payment and/or cancellation following a dispute.
rolling reserve means the interest-free amount that the Company may deduct from the Merchant's Merchant Account when payment is received for each Transaction.
rolling reserve means an amount withheld by DNAP from Settlement to guarantee payment of the Merchant Liabilities; Rolling Reserve Rate means the percentage of the Settlement received by DNAP from the Payment Schemes or the Acquirers which DNAP shall be entitled to deduct from Settlement, as may be notified by DNAP to the Merchant from time to time;