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Why couldnt this Chargeback be taken out of my reserve account instead of my regular checking account?

April 26, 2017account chargeback checking account regular Reserve

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Why couldnt this Chargeback be taken out of my reserve account instead of my regular checking account?

1 Answer

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A reserve is set up for security purposes to protect ECHO from losses due to chargebacks. The reserve is usually for merchants who accept non-face-to-face transactions, (phone, mail, and Internet orders). The reserve is held in case of default by a merchant.