We used CCBill Checks, Jettis Checks, Achbill and Electracash.
Electracash has the worst system, charge 10% on Gross Sales and their scrubbing system sucks. That means you pay 25% of fees on Net Sales.
On top of it, they charge more than 10% flat per transaction if you look at your overall stats. (it's called fraud)
Now, that's verifiable on ALL electracash accounts.
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On on personnal note, they are harassing me to send them a check of $290.00 because the account is in the negative.
TOTAL SALES: $8,070.60
$3,126.55 (Net Sales) - $807.06 (Fees 10% of Total Sales) - $2130.15 (Distribution) - $20 (Misc) =
$169.34
Reserves (5% of the Total Sales):
$403.53
The ending balance as of Today
without the
Reserves: $169.34
The ending balance as of Today
with the
Reserves: $403.53
I waste like 3-4 hours to
prove them that they OWN me money, and they are still bugging me with a virtual number coming from their *** that they can't even explain.
Go use achbill or anyone else that know how to calculate and don't charge fees on GROSS (including invalid check accounts that they don't even blacklist and re-re-re-join the site, each time collection the fee on you)
