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Old 04-08-2007, 08:27 PM  
Major (Tom)
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Join Date: Nov 2003
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Posts: 32,444
Quote:
Originally Posted by dissipate View Post
I personally see more chargebacks with ACH than any other form of processing.
Thats a given..
because checks take time to clear and that info isnt passed back instantly. so, you get more credits and chargebacks.

Basically, any ach processor sucks. wts just happens to be the best of the worst
Basically, we've been down with wts for some unkown reason since the 23rd of march. And you would be surprised how many people try to join via ach, and since our backend isnt working with them right now, they join via credit card anyways. SO, the question is, do you really need online checks as an option at all? We have been crunching numbers and it appears that the data leans slightly in favor that checks are unessasary. Also, if you add up all the dead beats who can can join and take your content and not even be billed, and eat all your BW in the process, checks become even more of a liability.
I bet, if you just use credit cards your net will be the same or even higher. And yes, I am aware of all these other billing methods, but I do not feel like giving away a 30 dollar membership to some chinese dude for 7 cents.
Duke
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