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Anonymous
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Hi,

I am just about to open a business and just learnt about the ‘future payment risk’ or ‘pre payment exposure’ that banks set on merchant accounts that are taking credit card payments for goods / services received in the future.

I am getting an understanding of it but no one can tell me how much it is though? Can anyone help?

If you need figures, lets say we receive $10000 deposit today (6th June) which is paid on credit card, the remaining $40,000 due in 3 months also paid on credit card then the client receives the finished product 3 months after that

Any help would be much appreciated, and especially if anyone knows of ways or good systems to use to avoid it? I have looked at Paypal and Bpay/ direct debit / transfer systems

Cheers