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03-30-2017, 01:36 PM #16
- Join Date
- Mar 2014
- Location
- Florida
- Posts
- 3,001
It amazes me the amount of misinformation that is being posted. Lockboxes are bad for a merchant with numerous NSF Days?
Really? The purpose of a lockbox is to avoid ACH Requests Rejects, causing another NSF. A reserve for a Lockbox? Where did that information come from, why would you need a reserve? Changing Processors, some funders that are involved in the cc business may impose that condition, but not all.
Since I am heavily involved in the Credit Card Processing World, call me with any questions.Dave Lambert, Business Development
dave@fcbankcard.com
Merchant Services Consultant
High Risk Merchant Payment Solutions
SBA 7(a) Loans & Short-Term Funding
Office: 727-233-1111
Skype: fc-financial
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