Why can't CCBill offer ACH direct deposit? Are they still stuck in the 1990's?
CCBill ACH Direct Deposit
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They make money on the float for the checks they mail out. Most don't come back to their bank for 5-7 days after mailing. In aggregate that's a lot of money in interest.
They make money charging you $15 to $30 for the wire transfer.
Charging for the wires keeps most on printed checks. See the first item again.
Any other questions?Comment
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Well, I guess every program is stuck in the 1990s, I don't know of any that offer ACH direct deposit.
They charge a $15, (domestic) $30 wire, (international) transfer fee, same as what the bank does. They aren't making money off it.┌∩┐(◣_◢)┌∩┐
ICQ # 427013273Comment
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That's peanuts compared to 10+% they charge paysite owners...They make money on the float for the checks they mail out. Most don't come back to their bank for 5-7 days after mailing. In aggregate that's a lot of money in interest.
They make money charging you $15 to $30 for the wire transfer.
Charging for the wires keeps most on printed checks. See the first item again.
Any other questions?
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