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Checks can add about 10% to your bottom line if you use them correctly and you realize what you are getting into.
Personally I wouldn't offer checks as a primary option, but it would be my immediate fallback on a declined credit card.
If you have resellers sending in traffic then just set it so they don't get credited for 7 days from the sale date on check sales. That greatly reduces the webmaster fraud, which is insane on checking, especially if you pay per join.
By not taking checks you are shutting out the guy who's only got one credit card and it's at the limit or he's been declined for other reasons.
So you lose a little bw on people that do pay with nsf -- which is a large part of the problem -- no big deal, I see it as part of the cost of doing business.
Checks will never be 100% secure, only atm or debit billing from the checking account is close. When you think that the grocery store knows you have money when you write a check, that's not correct -- most of them either run your info against their own db of deadbeats, or they use a service like Telecheck which does the same thing, figuring if you write a bad check once, you'll do it again.
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