ACHQ

We internally approved Mr. account with the understanding that he was operating a high-risk business. He had an active account and was able to process payments for nearly 2 months, but chose not to. Unfortunately, our banking partners declined to approve his business for additional ACH credit processing due to the high-risk nature of the business. We have since closed his account and issued a credit for both month's processing in addition to another 2 months worth of fees as a show of good faith.