rolling reserves

PayPal Takes Bite Out Of User's Funds, Calls It 'Rolling Reserve'

PayPal Takes Bite Out Of User's Funds, Calls It 'Rolling Reserve'

In addition to tacking on some sneaky new fees, PayPal apparently has instituted another off-putting practice on some accounts. According to reader Melissa, the online money changer was taking 20 percent off of her monthly sales and keeping it in reserve in case a customer initiated a chargeback.