PEP | Ep 010 | Understanding Reserve Funds in Payments | w/ Bryce Van De Moere & James Huber | The Payments Experts Podcast

The Payments Experts Podcast

Ready to unfurl the secrets of reserve funds in the payments industry? This episode promises to arm you with the knowledge you need to navigate through the labyrinth of reserve funds, a concept that remains nebulous for many. Join us as we sit down with Bryce Van De Moere, senior associate attorney, and James Huber, a Global Legal managing partner, as they simplify this frequently misunderstood aspect of the payments industry.
Dive into the deep end as we dissect reserve funds, illuminating their purpose and why they are paramount for risk protection. Bryce and James walk you through the significance of your merchant processing agreement (MPA) and explain how it affects your relationship with processors and banks. As the saga unfolds, we delve into the strategic art of negotiating reserve funds with processors. Not only do our experts enlighten you about the potential pitfalls of not having a reserve fund, but they also impart wisdom on how to expedite the release of funds. Bryce and James distinguish between a merchant's reserve account and a bank account, sharing potent strategies to protect your funds from a potential processor seizure. If you're a merchant, processor, an acquiring bank, or just intrigued by the payments industry, this episode is tailored for you. Tune in and embark on a knowledge expedition into the fascinating world of reserve funds.
A podcast of Global Legal Law Firm.

Since 2008, and based in San Diego, CA, Global Legal has represented clients across the nation, and internationally, in the world of electronic payments.

ISOs, Fintech, payfacs, agents, merchants, processors, acquiring banks, and card brands, if these terms mean something to you, this podcast is for you! If these terms aren’t so familiar, this podcast is even more for you!

We hope you enjoy this episode of the Payments Experts Podcast!
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If you’re interested in learning more about PEP and how Global Legal Law Firm may be able to assist you, please visit us at
https://www.globallegallawfirm.com/

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(The PEP Podcast is intended for education and entertainment – nothing said in this Podcast is or should be considered legal advice. Please contact Global Legal Law Firm to schedule a free consultation.)

A payments podcast of Global Legal Law Firm

Разделы

1. Understanding Reserve Funds for Payments (00:00:00)

2. Negotiating Reserve Funds With Processors (00:12:10)

3. Payments Expert Podcast With Bryce Vandemore (00:20:03)