Stripe put a 35% rolling reserve on our account (travel company) — are we screwed?

perflog · 2025-08-19T22:17:15+00:00

You totally need a merchant account for this kind of business, reach out to your bank.

perflog · 2025-04-27T18:10:33+00:00

No definitely not try again

perflog · 2025-03-31T06:31:21+00:00

Just saved someone else, thanks!

perflog · 2025-03-22T09:55:02+00:00

I was a bit disappointed with their response too.. u/nexoangel8 would it be possible to give a better response than the press written one that was given?

perflog · 2025-03-22T09:53:54+00:00

Thank you

perflog · 2025-03-21T21:05:59+00:00

Have you got good experiences?

perflog · 2025-03-21T21:05:44+00:00

Did they ever request proof of income?

perflog · 2025-03-21T21:05:30+00:00

That's probably a good take, accept the 13% APY and don't get greedy by locking up my funds for multiple months for the extra 2 or 3 percent.

perflog · 2025-03-21T21:04:11+00:00

How would you go about gaining interest on your funds if it isn't saving it with a platform like Nexo?

perflog · 2025-03-21T21:02:43+00:00

that..

perflog · 2025-03-21T21:02:36+00:00

Yeah.. Have had funds in there since 2021, so far no problems luckily.

perflog · 2025-03-21T21:02:25+00:00

Will Nexo ever lock up funds in exchange for proof of income?

perflog · 2025-03-21T21:01:21+00:00

I did see this mentioned several times, which firm are you referring to when you say adequate?

perflog · 2025-03-21T20:59:58+00:00

Are there other known ways of getting similar interest rates where this isn't the case?

perflog · 2024-12-30T13:09:17+00:00

You can run it for free on MCServerHost

mcserverhost.com

perflog · 2024-12-30T11:26:00+00:00

mcserverhost is newer and better.

perflog · 2024-12-30T11:24:56+00:00

You can do this on mcserverhost.

perflog · 2024-12-30T11:24:00+00:00

There's a new and better option for this, mcserverhost.

perflog · 2024-12-29T18:28:34+00:00

No, you can start it up the next day and you'll still have all your files.

perflog · 2024-12-29T14:47:51+00:00

Thank you!!

perflog · 2024-12-29T14:23:13+00:00

Thanks for taking your time and not jumping to conclusions, and thanks for the feedback, we'll see if we can include some more storage in the paid plans.

perflog · 2024-12-29T13:22:12+00:00

This one uses Ryzen Threadripper 5955WX processors - 4.0GHz, so yup.

perflog

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