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Update: Learnings: “Rolling Reserves” : the safety margin on non-guaranteed payment methods such as credit card, this margin is released after X days. Mollie
by MarkDJong 3y ago
Update:
Learnings:
“Rolling Reserves” : the safety margin on non-guaranteed payment methods such as credit card, this margin is released after X days.
Mollie says all PSPs, especially after Corona, keep a rolling reserve with customers active in Travel / Hospitality.
Mollie standard is 20% for 90 days.
With additional info (financial report two year record with balance sheet, P&L, CF statement and org chart) they’ll look at lowering this to 15 or 10%.
No answer from Stripe on their take and no relieve. They asked for latest financial statement but told me they do not go into their arguments or structure.