ACH billing - GoFuckYourself.com

phillyrich · 08-06-2003, 11:32 AM

Anyone out there interested in an ACH product that pays you in 7 days?

res · 08-06-2003, 01:45 PM

Need some details, man !

I'm co-owner of live chat site (DivaShow) and i thinking about good payment methods for our clients.

webair · 08-06-2003, 02:42 PM

achdebit.com rock solid sharp ass stingers to boot

sirrobin · 08-06-2003, 02:54 PM

doesnt electracash pay daily ?

NETbilling · 08-06-2003, 03:00 PM

Netbilling offers daily ACH settlements at ponly 3.25% and 40¢ per transaction.

Toll Free within the US: (888)357-8166
Outside the US: (661)252-2456

Mention GFY for no setup fee.

Mitch

wig · 08-06-2003, 03:05 PM

Thanks, Mike!

PPL want to get charged on the checks that clear and not all sorts of fees on bad checks and returns and charge-backs.

PPL want to get the most throughput while also scrubbing the bogus accts. We offer real-time account verification FREE to our clients.

All of our clients understand the importance of this. Ask Hooper, he has some first hand experience.

Our clients interests and ours are in line. We don't make money unless you are!

Madball · 08-06-2003, 03:13 PM

Wig,

what percentage of returned checks or "revokes" does a typical porn webmaster get @ ACHDebit?

There doesn't seem to be anything on the market that has reasonable scrubbing/security for checking accounts. Maybe it's impossible, I am not clued into this portion of payment methods. As of now, people just punch in some bogus data and get free access easily.

phillyrich · 08-06-2003, 03:15 PM

Sorry it took so long to get back, I was helping someone get a merchant account. As for Electracash they do pay daily, but you still have the seven day wait. Res give me a call and I will give you all the details that you can handle. We do ALL of ARS ach transactions, and they are quite happy.

Rich 562.951.1122

wig · 08-06-2003, 04:04 PM

Quote:

Originally posted by Madball
Wig,

what percentage of returned checks or "revokes" does a typical porn webmaster get @ ACHDebit?

There doesn't seem to be anything on the market that has reasonable scrubbing/security for checking accounts. Maybe it's impossible, I am not clued into this portion of payment methods. As of now, people just punch in some bogus data and get free access easily.

Madball,

Depends on whether you are looking at initials on a apples to apples basis or including the recurring.

On initials and looking at apples to apples (meaning returns tied to originated entry) about 23%. Factor in recurring and it drops.

One of the big differences is that we wait until the returns have come back and then assess our fee on the settled checks. This way, we have every incentive to eliminate the bad checks, but not the good ones. Basically, the same interest our merchant has.

As a result, we did not come to our merchants when StarCheck became available and ask them to pay, we just ate it so we could reduce the bad checks and our cost of returns, and provide a better service to our merchants.

There is much more to ACH processing... A good ACH processor has to build a database of account structure and nomenclature to better analyze how different banks and credit unions operate. To know when and where to convert ABA's or print a draft.

I could go on and on....

Just_Dave · 08-06-2003, 04:05 PM

wig · 08-06-2003, 04:12 PM

Quote:

Originally posted by phillyrich
Sorry it took so long to get back, I was helping someone get a merchant account. As for Electracash they do pay daily, but you still have the seven day wait. Res give me a call and I will give you all the details that you can handle. We do ALL of ARS ach transactions, and they are quite happy.

Rich 562.951.1122

LOL The only reason Marc De is sending them to Intertrans is because he owns it. You guys don't even put your company name in your sig???

Anyone interested in ACH should send some to all the companies mentioned and see what happens. Proof is in the pudding!

payton · 08-06-2003, 05:07 PM

probilling offers a product called "directcheck"
you can read about it on their site at www.probilling.com

pays immediately into your account, no nsfs and no chargebacks

i really dont see how any other company can compete with this, with most online check co's resulting in 30% 40% or more NSFs

P

wig · 08-06-2003, 05:17 PM

It's called throughput...

In the end you have to do the math and find out for yourself. All these ppl who cry about the % that get in for free are usually too unspohisticated or lazy to analyze it properly. Or, they are getting charged on these free-loaders, which sux.

It's kinda like Mitch saying 3.25% plus 40 cents but leaving out the $2 return fee or the fee for StarCheck or Experian, etc....

Believe me, there is more to ACH than meets the eye, but you have to take the time to understand it.

PS - no offense to Mitch. Netbilling is a great company!

wig · 08-06-2003, 05:20 PM

Quote:

Originally posted by payton

i really dont see how any other company can compete with this, with most online check co's resulting in 30% 40% or more NSFs

P [/B]

btw, we automatically represent NSF's at no charge and follow up with our in-house collections department after that when needed.

payton · 08-06-2003, 05:32 PM

Throughput with 40% rejections is called "noput" or maybe "KAput"

Thanks but ill stick with Probilling and no nsfs or chargebacks

P

wig · 08-06-2003, 05:41 PM

First of all, who are you and what program do you run?

Why should ppl believe an anon over the biggest players in the industry?

Where do you get your numbers from? Somehow, I do not think you have ever done the math.

And lastly, we were the 1st ACH processor on the adult 'net! Our reputation and list of clients is second to none.
We are not going anywhere.

NETbilling · 08-06-2003, 06:01 PM

Quote:

Originally posted by wig
It's called throughput...

In the end you have to do the math and find out for yourself. All these ppl who cry about the % that get in for free are usually too unspohisticated or lazy to analyze it properly. Or, they are getting charged on these free-loaders, which sux.

It's kinda like Mitch saying 3.25% plus 40 cents but leaving out the $2 return fee or the fee for StarCheck or Experian, etc....

Believe me, there is more to ACH than meets the eye, but you have to take the time to understand it.

PS - no offense to Mitch. Netbilling is a great company!

I agree with you Wig. We do have a return fee but do not charge for Starcheck on volume accounts. We decided to break out the costs instead of charging 10 or 15% and have had amazing response by doing so. As you know, most of the processors do not even offer Starcheck or Experian. I know you, us, and Electracash do. Anyone else?

Mitch

Colin H · 08-06-2003, 06:51 PM

Quote:

Originally posted by wig
It's called throughput...

In the end you have to do the math and find out for yourself.

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?

ibs · 08-06-2003, 07:03 PM

I like http://probilling

wig · 08-06-2003, 07:17 PM

Colin, maybe there are ACH processors who fit into the mold you describe, but we are not one of them.

____________________
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?
____________________

because all these things don't really cost a merchant anything significant. actually b/w is the only one and that is so cheap it's moot.

btw, 4 days and 40%??? Tell Gord to get with the winners, baby! We'll do your backend much better than ACH Direct.

Colin H · 08-06-2003, 08:30 PM

Wig,

Maybe you do have a solution for pay sites with "no expenses"? Maybe they enjoy allowing a large percentage of fraudulent transactions lead to the free access to their sites, charity is a wonderful thing.

DirectCheck does offer a solution for those who see the benefit of stopping consumers who NEVER have any intentions of paying. Stopping them from ?completing? a fake ACH transaction for instant free access. To most business people, this is called fraud, and it?s happening more and more to those using traditional ACH processing.

On top of that, DirectCheck offers the peace of mind that No NSF?s, No Chargebacks and weekly payouts bring. Our pay period ends on Sunday 12:01 AM, sales for that pay period are paid out on the following Thursday, meaning there is virtually no holding period on our merchants payouts.

wig · 08-07-2003, 05:40 AM

Colin,

I applaud you guys on your efforts. It is really back to the math.

Do these "costs" add up to more than the revenue lost when you take the steps you take to basically guaranty good checks. For the majority of paysites in this business the answer is no.

This is called throughput. It is no different than a CC company scrubbing like crazy.

Sure, there are a lot of paysite owners that cry and whine about how ACH works and there are always things that can be done to address that on a merchant by merchant basis. Most of these merchants react this way more on emotion or principal than economics.

We have the means to verify DL and SSN, force email activation and even do micro deposits if a merchant wants it. We have been around in the industry a long time.

But, usually once a merchant understands that we charge on cleared checks, that we provide the tools to eliminate bad checks without losing throughput and that we can originate more ACH than our competitors with little risk, they see the light.

I am heading to the Keys to go spear fishing. When I get back we can talk about it some more.

jact · 08-07-2003, 05:50 AM

Is business that rough for you guys that you need to argue in a spam thread?

wig · 08-07-2003, 05:56 AM

We all can't be players like you, Jact.

jact · 08-07-2003, 06:03 AM

Quote:

Originally posted by wig
We all can't be players like you, Jact.

Thanks for making up my mind as to what ACH company not to use, wig.

wig · 08-07-2003, 06:05 AM

get jact!

i'll try not to lose any sleep.

Madball · 08-07-2003, 07:21 AM

Can you provide a sample website using your DirectCheck billing feature? Please post it here.

Quote:

Originally posted by Colin H
DirectCheck:
Instant funding to your proBilling account
13.5% processing
No reserve
No chargebacks
NO NSF's
Average < 5% return unsuccessful

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?

KCat · 08-07-2003, 12:43 PM

Wig - It looks like your site hasn't been updated since 2002. The sign up forms gives an error "out of disk space for temp file". I emailed your support but haven't heard back yet.

payton · 08-07-2003, 01:00 PM

Colin
What are the velocity controls and limits on Direct Check, I cant find them on your site and i only use Check Smart now
Also, whats the max volume I can put through on direct check? Can I get a areduced rate?

Can i call you directly? if so what number at?

P

Colin H · 08-07-2003, 04:49 PM

Thanks for your interest,

Please email me directly, I'd be happy to address any questions and provide examples of sites using DirectCheck. I think doing business in a one to one environment rather then a public forum is a little more professional.

DemonWolfe · 08-08-2003, 06:46 PM

Colin H,

I thought you would like to know that many people are seeking an informative representative from Probilling in this message thread:

http://gofuckyourself.com/showthread...t=probil ling

I'm sure you didn't see it since you have been so busy in this thread.

08-06-2003, 11:32 AM	#1
phillyrich Confirmed User Join Date: Jul 2003 Location: California Posts: 162	ACH billing Anyone out there interested in an ACH product that pays you in 7 days? __________________ Phillyrich ICQ-200441622 [email protected]

08-06-2003, 02:42 PM	#3
webair Confirmed User Industry Role: Join Date: Feb 2002 Location: NYC, NY Posts: 8,531	achdebit.com rock solid sharp ass stingers to boot __________________ ~ Webair Dedicated Cloud Servers™ ~ WEBAIR VSYS™ Virtual Hosting Platform ~ Superior CDN Network ~ ~ Managed Dedicated hosting Specialists ~ DISCOUNT DOMAIN NAMES! ~ WEBAIR FUSION IO MANAGED CLOUD SERVERS! ~ *ICQ:* 243116321 - *TWITTER* - @WEBAIRINC - E-Mail: [email protected]

08-06-2003, 03:00 PM	#5
NETbilling Confirmed User Industry Role: Join Date: Jan 2002 Location: Huntington Beach, CA Posts: 8,591	Netbilling offers daily ACH settlements at ponly 3.25% and 40¢ per transaction. Toll Free within the US: (888)357-8166 Outside the US: (661)252-2456 Mention GFY for no setup fee. Mitch __________________ Mitch Farber CEO - NETbilling, Inc. Email / Phone: 888-357-8166 / 661-252-2456 Transaction processing & 24/7 call center services with exceptional rates and flexibility, since 1998!

08-06-2003, 03:05 PM	#6
wig Confirmed User Join Date: Feb 2002 Location: Panama Posts: 708	Thanks, Mike! PPL want to get charged on the checks that clear and not all sorts of fees on bad checks and returns and charge-backs. PPL want to get the most throughput while also scrubbing the bogus accts. We offer real-time account verification FREE to our clients. All of our clients understand the importance of this. Ask Hooper, he has some first hand experience. Our clients interests and ours are in line. We don't make money unless you are! __________________ Credit Card and ACH Processing

08-06-2003, 03:15 PM	#8
phillyrich Confirmed User Join Date: Jul 2003 Location: California Posts: 162	Sorry it took so long to get back, I was helping someone get a merchant account. As for Electracash they do pay daily, but you still have the seven day wait. Res give me a call and I will give you all the details that you can handle. We do ALL of ARS ach transactions, and they are quite happy. Rich 562.951.1122 __________________ Phillyrich ICQ-200441622 [email protected]

08-06-2003, 01:45 PM	#2
res Confirmed User Join Date: Nov 2002 Location: Europe Posts: 1,118	Need some details, man ! I'm co-owner of live chat site (DivaShow) and i thinking about good payment methods for our clients.

08-06-2003, 02:54 PM	#4
sirrobin Confirmed User Join Date: Jun 2003 Posts: 453	doesnt electracash pay daily ?

08-06-2003, 03:13 PM	#7
Madball Confirmed User Join Date: May 2002 Location: Oslo, Norway Posts: 748	Wig, what percentage of returned checks or "revokes" does a typical porn webmaster get @ ACHDebit? There doesn't seem to be anything on the market that has reasonable scrubbing/security for checking accounts. Maybe it's impossible, I am not clued into this portion of payment methods. As of now, people just punch in some bogus data and get free access easily.

08-06-2003, 04:05 PM	#10
Just_Dave Its almost time Industry Role: Join Date: Dec 2002 Posts: 13,009	nope

08-06-2003, 05:07 PM	#12
payton Registered User Join Date: Oct 2002 Posts: 20	probilling offers a product called "directcheck" you can read about it on their site at www.probilling.com pays immediately into your account, no nsfs and no chargebacks i really dont see how any other company can compete with this, with most online check co's resulting in 30% 40% or more NSFs P

08-06-2003, 05:17 PM	#13
wig Confirmed User Join Date: Feb 2002 Location: Panama Posts: 708	It's called throughput... In the end you have to do the math and find out for yourself. All these ppl who cry about the % that get in for free are usually too unspohisticated or lazy to analyze it properly. Or, they are getting charged on these free-loaders, which sux. It's kinda like Mitch saying 3.25% plus 40 cents but leaving out the $2 return fee or the fee for StarCheck or Experian, etc.... Believe me, there is more to ACH than meets the eye, but you have to take the time to understand it. PS - no offense to Mitch. Netbilling is a great company! __________________ Credit Card and ACH Processing

08-06-2003, 05:32 PM	#15
payton Registered User Join Date: Oct 2002 Posts: 20	Throughput with 40% rejections is called "noput" or maybe "KAput" Thanks but ill stick with Probilling and no nsfs or chargebacks P

08-06-2003, 05:41 PM	#16
wig Confirmed User Join Date: Feb 2002 Location: Panama Posts: 708	First of all, who are you and what program do you run? Why should ppl believe an anon over the biggest players in the industry? Where do you get your numbers from? Somehow, I do not think you have ever done the math. And lastly, we were the 1st ACH processor on the adult 'net! Our reputation and list of clients is second to none. We are not going anywhere. __________________ Credit Card and ACH Processing

08-06-2003, 07:03 PM	#19
ibs Confirmed User Join Date: Jul 2003 Location: yahoo id internetbroadcasting Posts: 277	I like http://probilling __________________ ibs

08-06-2003, 07:17 PM	#20
wig Confirmed User Join Date: Feb 2002 Location: Panama Posts: 708	Colin, maybe there are ACH processors who fit into the mold you describe, but we are not one of them. ____________________ 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? ____________________ because all these things don't really cost a merchant anything significant. actually b/w is the only one and that is so cheap it's moot. btw, 4 days and 40%??? Tell Gord to get with the winners, baby! We'll do your backend much better than ACH Direct. __________________ Credit Card and ACH Processing

08-06-2003, 08:30 PM	#21
Colin H Registered User Join Date: Oct 2002 Posts: 35	Wig, Maybe you do have a solution for pay sites with "no expenses"? Maybe they enjoy allowing a large percentage of fraudulent transactions lead to the free access to their sites, charity is a wonderful thing. DirectCheck does offer a solution for those who see the benefit of stopping consumers who NEVER have any intentions of paying. Stopping them from ?completing? a fake ACH transaction for instant free access. To most business people, this is called fraud, and it?s happening more and more to those using traditional ACH processing. On top of that, DirectCheck offers the peace of mind that No NSF?s, No Chargebacks and weekly payouts bring. Our pay period ends on Sunday 12:01 AM, sales for that pay period are paid out on the following Thursday, meaning there is virtually no holding period on our merchants payouts. __________________ [email protected] <a href="http://www.probilling.com/advertiserDispatcher.cfm?ac=COLINH&pc=COLINH" target="_blank"><img src="http://www.probilling.com/images/promo/DC1_468x60.gif" border="0"></a>

08-07-2003, 05:40 AM	#22
wig Confirmed User Join Date: Feb 2002 Location: Panama Posts: 708	Colin, I applaud you guys on your efforts. It is really back to the math. Do these "costs" add up to more than the revenue lost when you take the steps you take to basically guaranty good checks. For the majority of paysites in this business the answer is no. This is called throughput. It is no different than a CC company scrubbing like crazy. Sure, there are a lot of paysite owners that cry and whine about how ACH works and there are always things that can be done to address that on a merchant by merchant basis. Most of these merchants react this way more on emotion or principal than economics. We have the means to verify DL and SSN, force email activation and even do micro deposits if a merchant wants it. We have been around in the industry a long time. But, usually once a merchant understands that we charge on cleared checks, that we provide the tools to eliminate bad checks without losing throughput and that we can originate more ACH than our competitors with little risk, they see the light. I am heading to the Keys to go spear fishing. When I get back we can talk about it some more. __________________ Credit Card and ACH Processing

08-07-2003, 05:50 AM	#23
jact Confirmed User Join Date: Sep 2002 Location: Oakville, Canada Posts: 9,134	Is business that rough for you guys that you need to argue in a spam thread? __________________ Free agent

08-07-2003, 05:56 AM	#24
wig Confirmed User Join Date: Feb 2002 Location: Panama Posts: 708	We all can't be players like you, Jact. __________________ Credit Card and ACH Processing

08-07-2003, 06:05 AM	#26
wig Confirmed User Join Date: Feb 2002 Location: Panama Posts: 708	get jact! i'll try not to lose any sleep. __________________ Credit Card and ACH Processing

08-07-2003, 12:43 PM	#28
KCat Confirmed User Join Date: Sep 2002 Location: PNW Posts: 2,204	Wig - It looks like your site hasn't been updated since 2002. The sign up forms gives an error "out of disk space for temp file". I emailed your support but haven't heard back yet.

08-07-2003, 01:00 PM	#29
payton Registered User Join Date: Oct 2002 Posts: 20	Colin What are the velocity controls and limits on Direct Check, I cant find them on your site and i only use Check Smart now Also, whats the max volume I can put through on direct check? Can I get a areduced rate? Can i call you directly? if so what number at? P Last edited by payton; 08-07-2003 at 01:03 PM..

08-07-2003, 04:49 PM	#30
Colin H Registered User Join Date: Oct 2002 Posts: 35	Thanks for your interest, Please email me directly, I'd be happy to address any questions and provide examples of sites using DirectCheck. I think doing business in a one to one environment rather then a public forum is a little more professional. __________________ [email protected] <a href="http://www.probilling.com/advertiserDispatcher.cfm?ac=COLINH&pc=COLINH" target="_blank"><img src="http://www.probilling.com/images/promo/DC1_468x60.gif" border="0"></a>

08-08-2003, 06:46 PM	#31
DemonWolfe Confirmed User Join Date: Jan 2001 Location: World Traveler Posts: 261	Colin H, I thought you would like to know that many people are seeking an informative representative from Probilling in this message thread: http://gofuckyourself.com/showthread...t=probil ling I'm sure you didn't see it since you have been so busy in this thread. __________________ Sorry, no signature today. Please come back tomorrow.