Quote:
Originally posted by BVF
That's your anger talking....I have a HIGH check return rate. It used to make me very angry. But then I'll go into the stats and see somebody who has had a check recur for 11 months and I started to soften. Check rebills are the longest rebills you're gonna get. You're getting money straight out of the same account that their paycheck goes in. That's tapped gold right there.
And as for bandwidth, I haven't noticed any problems due to the theiving muthafuckas....
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I have two small paysites that accept checks. First is a female porn actress. Only about 10% of her members use checks and she has a check fraud rate of about 80%.
Second is a male dancer/bodybuilder marketed to gays. 25% of his members are on checks, they rarely cancel, and only one membership has been "returned" - and that was some chick who did it.
I'll take a gay mans check anyday - it's the others who are crooks.