productInformation. selectedProducts. payments. echeck. configurationInformation. configurations. underwriting. riskReserveMethod

The method for establishing a reserve balance.

Possible Values

  • fixed
    : For a Fixed Risk Reserve, the reserve balance is established by either:
    • A receipt of a lump sum deposit from a merchant.
    • Withholding funds at a reserve rate established for the account from each batch settlement until the reserve balance is equal to a set reserve target. A Fixed Reserve may also be established by a combination of lump sum deposit and withholding of settlement funds.
  • none
     (default): Most merchants do not have a reserve attached to their account so the default field value would be
    none
    .
  • rolling
    : Established by withholding from a merchant’s available settlement funds at a reserve rate and no reserve target is specified. Each amount withheld is retained for a specified number of reserve holding days and then released back to the merchant.

Syntax

 {
  "productInformation": {
    "selectedProducts": {
      "payments": {
        "echeck": {
          "configurationInformation": {
            "configurations": {
              "underwriting": {
                "riskReserveMethod": "none"
              }
            }
          }
        }
      }
    }
  }
}

Specifications

  • Data Type:
     Enum

Mapping Information

Boarding Registration Service API Field:
productInformation.selectedProducts.payments.echeck. configurationInformation.configurations.underwriting.riskReserveMethod
Product Enablement and Configuration Service API Field:
payments.echeck.configurationInformation.configurations. underwriting.riskReserveMethod