Licence, risk & account terms — found from sitemap — Worldpay

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Facts read from this source

• Reserves purpose Report an error

  “Reserves set aside merchant funds to cover settlements, refunds, chargebacks, returns, or payouts. Reserves enable you to hold funds until you verify activity and release them when risk concerns are resolved.”

• Reserves applicable regions Report an error

  “Applicable to: Partner United States Canada”

• Reserve policy scopes Report an error

  “entity: Applies the policy to one merchant. org: Applies the policy to all merchants in an Org. division: Applies the policy to all merchants in a partner portfolio.”

• Reserve policy fields Report an error

  “percent: The percentage of qualifying funds being reserved. release: The release interval. releaseFactor: Number of release intervals before release. max: (Optional) A maximum reserve cap. Reserving stops when reached.”

• Rolling reserve Report an error

  “A rolling reserve reserves a percentage of merchant revenue. Funds are released according to the configured schedule.”

• Rolling reserve example Report an error

  “For example, a policy might reserve ten percent of settled funds for six months.”

• Accrual reserve Report an error

  “An accrual reserve reserves a percentage of revenue until reaching a reserve cap.”

• Hold reserve action Report an error

  “With action: 4, a hold reserves funds until the hold is released.”

• Hold release method Report an error

  “The hold is released using POST /notes with type: release.”

• Hold types Report an error

  “Entity holds reserve future merchant revenue, transaction holds reserve transaction funds, and account holds block payouts.”

• Account hold effect Report an error

  “When applied to an account, a hold-based reserve prevents payouts and debits associated with that account.”

• Payout block on reserve Report an error

  “Payouts are blocked: Transactions can continue, but reserved accounts are blocked from payouts and debits until release.”

• Manual entity reserve Report an error

  “Use /entityReserves to maintain a merchant reserve balance.”

• Reserve entry release Report an error

  “To release a manual reserve entry, create a new reserve ebtry that references the original reserveEntries ID and uses the opposite amount.”

• Entity reserve release Report an error

  “To release a custom entity reserve, you must update the total to 0, or incrementally increase or decrease the current total value you want to release.”

• Entity reserve modifier syntax Report an error

  “For example, use 500+ to increase the total by $5.00, or 500- to decrease it by $5.00.”

• Reserve monitoring endpoints Report an error

  “GET /reserveEntries to view reserve and release activity. GET /entityReserves to view maintained reserve balances. GET /funds/{id} to compare available and reserved balances.”

• Decisionaction reserve trigger Report an error

  “You can also configure a decisionAction to trigger a reserve after performing a risk check and returning a triggering result.”

• Funds reserved fields Report an error

  “Funds move from available balance (funds.available) to a reserved state (funds.reserved), preventing payout of those funds. Total balance updates: Reserved funds are included in funds.total.”

• API base URL test Report an error

  “curl -X POST 'https://test-api.payrix.com/reserves'”

• Reserve API resources Report an error

  “reserves: Define rules for an automatic reserve policy . reserveEntries: Monitor and create individual reserve and release activity. entityReserves: Maintain merchant reserve balances. holds: Trigger reserve actions during risk reviews. notes: Record reviews and hold releases.”

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