{"id":272,"date":"2007-06-19T08:43:18","date_gmt":"2007-06-19T13:43:18","guid":{"rendered":"http:\/\/www.merchantaccountblog.com\/archives\/272"},"modified":"2007-06-19T08:45:22","modified_gmt":"2007-06-19T13:45:22","slug":"american-express-requiring-us-to-maintain-a-reserve-account","status":"publish","type":"post","link":"https:\/\/www.merchantequip.com\/merchant-account-blog\/272\/american-express-requiring-us-to-maintain-a-reserve-account","title":{"rendered":"American Express requiring us to maintain a reserve account"},"content":{"rendered":"<p>We just got a letter in the mail today, that American Express is requiring our business to maintain a rolling reserve on our American Express merchant account. This news came as a huge surprise since we have only had one Amex chargeback in the last two years, over thousands of Amex transactions.<\/p>\n<p>As a business that uses a merchant account in addition to providing them, we like to experience everything from our customer&#8217;s points of view, but this is definitely one of those situations that nobody wants to be in. Amex makes up about 25% of our transactions, and a reserve puts a marked dent in our income.<\/p>\n<p>Anyway, if you&#8217;ve had a similar situation to this with Amex or another merchant account provider please share it. I would love to see if this is an isolated event or if Amex commonly places reserves on large ecommerce businesses with clean history.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>We just got a letter in the mail today, that American Express is requiring our business to maintain a rolling reserve on our American Express merchant account. This news came as a huge surprise since we have only had one Amex chargeback in the last two years, over thousands of Amex transactions. As a business [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[],"class_list":["post-272","post","type-post","status-publish","format-standard","hentry","category-amex-discover"],"_links":{"self":[{"href":"https:\/\/www.merchantequip.com\/merchant-account-blog\/wp-json\/wp\/v2\/posts\/272","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.merchantequip.com\/merchant-account-blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.merchantequip.com\/merchant-account-blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.merchantequip.com\/merchant-account-blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.merchantequip.com\/merchant-account-blog\/wp-json\/wp\/v2\/comments?post=272"}],"version-history":[{"count":0,"href":"https:\/\/www.merchantequip.com\/merchant-account-blog\/wp-json\/wp\/v2\/posts\/272\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.merchantequip.com\/merchant-account-blog\/wp-json\/wp\/v2\/media?parent=272"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.merchantequip.com\/merchant-account-blog\/wp-json\/wp\/v2\/categories?post=272"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.merchantequip.com\/merchant-account-blog\/wp-json\/wp\/v2\/tags?post=272"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}