Nearly every merchant and every merchant account has a “monthly cap”.
This means they are approved to process only a certain sale amount each particular month. Over time banks may increase cap based on a merchants account performance but in some cases, adding a merchant account is the most effective way to increase cap.
While it’s generally not harmful to go slightly over cap, it is important to stay under in order to maintain a healthy banking relationship and avoid additional reserves or account holds.
We allow you to not only measure historical trends but also predict where your sales will finish in a given month, based on such trends.