Richard Rubenstein
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How long can a payment gateway/ bank reserve a customers credit card payment?
6 Replies

HiIm trying to see if any of the online payment gateway systems allow for holding a payment in reserve for up to 3 months at a time. Similar to how the car rental companies hold your deposit until…Continue

Started this discussion. Last reply by Aidan Classe Feb 29, 2012.

 

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Latest Activity

Aidan Classe replied to Richard Rubenstein's discussion How long can a payment gateway/ bank reserve a customers credit card payment?
"Hey Rich, good to see you on here. Give Owen or Barry a call at PayGate, if I remember correctly they have auto-settle enabled by defafult but it can be turned off.  They'll be able to tell you how long they can hold reservered payments…"
Feb 29, 2012
Richard Rubenstein replied to Richard Rubenstein's discussion How long can a payment gateway/ bank reserve a customers credit card payment?
"Thanks Jess, will look into it"
Feb 28, 2012
Richard Rubenstein replied to Richard Rubenstein's discussion How long can a payment gateway/ bank reserve a customers credit card payment?
"Thanks! Will have a chat with the guys"
Feb 28, 2012
Quinton Carroll replied to Richard Rubenstein's discussion How long can a payment gateway/ bank reserve a customers credit card payment?
"Hi Rich I think that what you may be looking for is an Escrow service escrow.com is one, but I don't know how long they will hold your funds for. Basically, the transaction is something like this... 1. Buyer offers to buy something 2. Buyer…"
Feb 28, 2012
Jess Green replied to Richard Rubenstein's discussion How long can a payment gateway/ bank reserve a customers credit card payment?
"For this you'll have to have a merchant account, which is not so easy to get. Next, you'd need to have some sort of special arrangement - I've never heard of this been done before. I looked into holding payments when I started…"
Feb 27, 2012
Marco-Hans Van Der Willik replied to Richard Rubenstein's discussion How long can a payment gateway/ bank reserve a customers credit card payment?
"In my experience Banks often have very archaic systems and often give bad technical service. I cannot answer this question but I highly recommend avoiding any complex interaction with banks."
Feb 22, 2012
Richard Rubenstein replied to Tatenda Muregi's discussion South African payment gateways
"Hi Jonathan Im trying to see if yours or any of the online payment gateway systems allow for holding a payment in reserve for up to 3 months at a time. Similar to how the car rental companies hold your deposit until you return your car. Do you have…"
Feb 1, 2012
Richard Rubenstein replied to Muzi Mohale's discussion Payment getaway VS crowdsourcing?
"Hi Muzi In what way dont they support crowdsourcing?"
Feb 1, 2012
Richard Rubenstein is attending Roger Norton's event
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Silicon Cape Networking Event #4 at Awesome Venue

January 25, 2011 from 6pm to 11pm
This time round we have and exciting service to be released to our community at our next networking event.  Come meet, mingle and be the first to know.We are also taking submissions for an elevator pitch competition, a 1 minute pitch on your company or idea. Crowd will vote for the best and winner gets a great prize. Submissions to rogern@siliconcape.comPlease note that there are no costs associated with this event. (Unless we manage to get through the tabs...)Just to clarify about the sim…See More
Jan 12, 2011
Richard Rubenstein is attending Justin Hartman's event

Silicon Cape Networking Event 3 at The Old Biscuit Mill

June 28, 2010 from 6pm to 11pm
Hello clever and good looking people of the Silicon Cape (and beyond).The time has once again come for us to eat, drink, network and be merry.We will once again frequent the hay bales of the Old Biscuit Mill for an atmospheric evening, and this time you won't have to queue for the cash bar.Thanks to our friends at FNB, drinks will be on the house, and the same goes for snacks. Not bad hey!Now all that is more than enough reason to attend, but to sweeten the deal you will be graced by the…See More
Jun 17, 2010
Richard Rubenstein and Melanie Thirlwell are now friends
Jun 17, 2010
Richard Rubenstein replied to Ross Allchorn's discussion Introductions
"Hey all Great Thread. I partner in a range of different businesses namely: www.0gravity.co.za (event management services), www.certifiedtraining.co.za (adventure skill course academy) & www.initiumeyewear.co.za (lifestyle eyewear range from the…"
Nov 30, 2009
Richard Rubenstein joined JP van der Spuy's group
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Cape Town Startups

a Group for local startups to get together and discuss ideas for their online ventures.
Nov 10, 2009
Richard Rubenstein is attending Allister Kreft's event

1st Silicon Cape Networking Event at The Grand Daddy, 38 Long Street, Cape Town

November 26, 2009 from 6:30pm to 10pm
Come and join fellow Silicon Cape community members for the first regular networking evening, aimed at promoting interaction between all participants, from entrepreneurs and service providers through to investors.The keynote speaker for the evening will be Mark Levitt, CEO of Chesscube, who recently raised R10m from local venture capital firm InVenFin. Mark will be talking about how he built a global-facing online company from Cape Town, with a worldwide revenue and user base.Comedian Mark…See More
Nov 10, 2009
Richard Rubenstein is now friends with Elodie Kleynhans, Bradley Moore and Sean Nieuwoudt
Sep 9, 2009
Richard Rubenstein updated their profile
Sep 9, 2009

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