Quote:
Originally posted by wig
It's called throughput...
In the end you have to do the math and find out for yourself.
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Do the math.
DirectCheck:
Instant funding to your proBilling account
13.5% processing
No reserve
No chargebacks
NO NSF's
Average < 5% return unsuccessful
Vs. traditional ACH processing:
4 day wait for clearing
30%, 40% and up returned unsuccessful
Hidden costs for returned checks, Experian, star ....
Why allow bad checks to go though? Why would you let these fraudsters access to your members area for 4 days, knowing that 40% or more are straight up fraud? Through put? Waste your money on traffic, content, bandwidth, customer service?on consumers that have no intention of paying for anything, ever? Why?