What percent of your Online checks get Returned? - GoFuckYourself.com

GotGauge · 09-02-2003, 07:46 PM

A friend of mine said he was dropping checks, because most of them get returned.

What percent of your online checks get returned and with what company?

CCBILL?
IBILL?
and so on..

NetRodent · 09-02-2003, 07:51 PM

Roughly a quarter of our check signups are returned.

EscortBiz · 09-02-2003, 07:51 PM

i stopped accpeting them on all my sites, and I see no difference

steffie · 09-02-2003, 07:57 PM

I stopped taking checks, actually I called ccbill yesterday about those dang checks. I took another shot at the checks a couple of month ago (after removing them last year)

I had a shit load of returns, so I called to aske WTF. They told me these are checks who bounced. Now these guys had access.

I removed all the check links - Fuck those guys!!!

almost 30% bounce (if not more)

plsureking · 09-02-2003, 07:59 PM

beats me. last report said .2 percent of transactions.

oldnewbie · 09-02-2003, 08:21 PM

Using Ibill, and for the past 2 months check returns are at exactly 33.33%

But good checks do tend to rebill well. So it's a real quandry.

s0laris2 · 09-02-2003, 08:25 PM

We stopped using checks. and sales have not changed at all. I think those with checks also have cc cards and then use them in stead (the honest ones)

the others are just cheaters.

tony286 · 09-02-2003, 08:41 PM

We use achdebit for checks and we are very happy with them. They scrub more carefully and will put people in collections for writing bad checks.

angelsofporn · 09-02-2003, 09:21 PM

dropped em' a long time ago and we actually do better now without them...i won't add them again until they verify the $$ is in the account...i know netbilling does it

PbG · 09-02-2003, 09:43 PM

spooky181 · 09-02-2003, 11:31 PM

About 30% returned with Verotel.

Spooky

www.CheatingXXXWife.com/extremecash/index.html

myneid · 09-02-2003, 11:36 PM

Quote:

Originally posted by angelsofporn
dropped em' a long time ago and we actually do better now without them...i won't add them again until they verify the $$ is in the account...i know netbilling does it

i would love to know how netbilling does it since it is impossible the way all banks are set up.

i noticed in multiple affiliate programs that on average about 35% of checks come back returned.
some of the third party check processors like electracash.com are pretty good at scrubbing out people that are bad, but it still isnt great.

NETbilling · 09-02-2003, 11:38 PM

Hi,

Our average for mainstream is less than 5% returns and about 20% for adult. It is important to offer good scrubbing options such as "Starchek" and "Experian" for online checks since you cannot get a real time auth from the accountholder's bank. I know a few of the popular companies such as ACHdebit, Electracash and ourselves offer these verifications, and others do not.

Please contact our sales department for more information and pricing. You will be quite pleased with what we offer.

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

Thank you, Mitch Farber

GrimShawn · 09-02-2003, 11:43 PM

Quote:

Originally posted by plsureking
beats me. last report said .2 percent of transactions.

.2 on checks?

Extreme John · 09-02-2003, 11:48 PM

We use Electracash, and since than we have seen a huge decrease in returned checks, we are very happy with Electracash, I also hear some great things about achdebit, thinking about trying them out as well.

IntenseCash · 09-02-2003, 11:51 PM

We use Electracash as well and they are definetly alot better than the 3rd party processors for checks. I pray for the day when checks are instantly verified without any fraud, lol.

Mark

NETbilling · 09-03-2003, 12:00 AM

Quote:

Originally posted by Xtc-Xtc
We use Electracash, and since than we have seen a huge decrease in returned checks, we are very happy with Electracash, I also hear some great things about achdebit, thinking about trying them out as well.

You should check Netbilling out as well. You will be surprised at our low fees.

Mitch

rdunn404 · 09-03-2003, 12:23 AM

I think it all depends on your site/niche...I'm currently at 14% check returns for the year. I'm with CCBill by the way.

slavdogg · 09-03-2003, 01:17 AM

http://achdebit.com/

doesnt get any better.

go with the leader!!

slavdogg · 09-03-2003, 01:21 AM

here is the amazing part about checks with achdebit.com

after about 10 months of no new sign ups
CC revenue is about 10% of what it was.
ACH is about 45% of what it was.

ACH reccurs like crazy.

NETbilling · 09-03-2003, 08:45 AM

ACH does recurr exceptionally well. Less signups, better recurring.

Mitch

wig · 09-03-2003, 09:37 AM

If you want to reduce check returns, there are many different things you can do. It's all a matter of how far you want to take it.

For instance, you may want to validate via email prior to acceptance.

You can use a product like Experian where you can assess consumer credit worthiness and information accuracy (including SSN).

You can validate account numbers with StarCheck (where applicable).

And, you can even do a microdeposit (like paypal) to validate the account holder.

Obviously, some of these will limit throughput and some will totally take away the impulse purchase, so you have to do the math and see what works best for your risk threshhold and application.

Most importantly and given the credit card environment, you absolutely should accept checks. There are 100 million people in the US that have a checking or savings account that DO NOT have a credit card.

Maybe you have to be on a larger scale to measure it, but I believe not accepting checks is leaving money on the table. How can the biggest programs out there accept checks and make it work while others cannot? Why are some of the bigger programs promoting checks as their first option.

There are several companies in this thread that provide great ACH processing and you should open an account with everyone of them and see what works for you.

rowan · 09-03-2003, 09:46 AM

I run a couple of small sites with similar content... one is an established site with traffic arriving from bookmarkers, SEs, and various personal sites. The other gets traffic mainly from TGPs. The first gets relatively few check signups, but around 80% of those are good. The second gets a lot more, and it's the opposite: 20% are good, 80% are returned. I still believe that there are habitual fraudsters who use TGPs as a method of finding the latest site to check out for free.

SGS · 09-03-2003, 09:47 AM

An option to let checks clear before a surfer gets access is the best way.

wig · 09-03-2003, 09:51 AM

Quote:

Originally posted by SGS
An option to let checks clear before a surfer gets access is the best way.

SGS, ACH Debit supports this. It is slightly less effective than the microdeposit because it may be a valid account but unauthorized. Both methods hurt the impulse purchase.

Out of curiosity, how many business days do you let go by before you are willing to assume the ACH will not be returned?

DutchTeenCash · 09-03-2003, 10:47 AM

20-25% with ccbill hate it ... uhm anyone at achdeb we applied 3 days ago never got any response....

TheSaint · 09-03-2003, 10:57 AM

25% to 30% bounce with CCBill, still a very good deal as about half the customers using checks don't have CC or are maxed out on them.

Also some customers share a CC with the wife as they don't want her so see the charge, but they balance the checkbook.

My Globill bounce check rate was only about 10%.

wig · 09-03-2003, 12:00 PM

Quote:

Originally posted by thinkx
20-25% with ccbill hate it ... uhm anyone at achdeb we applied 3 days ago never got any response....

thinkx, please email me at danp AT achdebit.com. I will be happy to take care of you.

gothweb · 09-03-2003, 12:42 PM

Quote:

Originally posted by EscortBiz
i stopped accpeting them on all my sites, and I see no difference

Me too. The only signups I lost were the scam ones. Overall revenue went up.

SomeCreep · 09-03-2003, 12:47 PM

expect 50% to bounce

wig · 09-03-2003, 12:48 PM

All you guys and gals hesitant to accept checks consider this...

ACH Debit will do your first 30 days of check processing FREE!

After that 30 days, we will look at the numbers and you can decide whether to keep going.

How's that for a deal?

wig · 09-03-2003, 02:25 PM

Wow, not a single person wants to take me up on FREE 30 days ACH processing?

payton · 09-03-2003, 02:35 PM

sorry Wig, I'll pass, hard to talk people into giving away 50% to 60% of their subscriptions on bounced checks

P

Ross · 09-03-2003, 02:45 PM

I dunno how many get returned...... I don't deal with that, someone else does

wig · 09-03-2003, 03:13 PM

Quote:

Originally posted by payton
sorry Wig, I'll pass, hard to talk people into giving away 50% to 60% of their subscriptions on bounced checks

P

First, your percentages are not even close in the worst case scenario.

Second, you obviously have not read a single word I have written.

Best of luck to you, though!

SleazyDream · 09-03-2003, 03:15 PM

i find about 1/3 of them bounce as well.

the part that sucks is you get nailed on a transaction fee in and out on a bounced check

wig · 09-03-2003, 03:22 PM

SleazyDream,

We only charge a transaction fee if the check is good. We do not charge a return fee.

Check out http://www.achdebit.com/sales/facts.html

I think it will make sense!

payton · 09-03-2003, 03:54 PM

Not charging a return fee is the least you could do when 50% to 60% and more of your "product" is being returned unpaid, after we have given away access to our site for several days!

Suggest you get a better handle on your systems before trying to pass it off as a viable alternative

Best of luck to you too!

Payton

wig · 09-03-2003, 04:43 PM

Ah, the Anon has an axe to grind. Who'd a thunk it?

lexr · 09-03-2003, 05:03 PM

I've also given up on checks. Perhaps in the future I'll give them a try again.. but right now, they don't amount to that many sales, and the returned checks are much higher than my chargebacks.

09-02-2003, 07:46 PM	#1
GotGauge Confirmed User Join Date: Nov 2001 Location: USA Posts: 3,072	What percent of your Online checks get Returned? A friend of mine said he was dropping checks, because most of them get returned. What percent of your online checks get returned and with what company? CCBILL? IBILL? and so on.. __________________ ICQ 22264474 [email protected]

09-02-2003, 07:51 PM	#2
NetRodent Confirmed User Join Date: Jan 2002 Location: In the walls of your house. Posts: 3,985	Roughly a quarter of our check signups are returned. __________________ "Every normal man must be tempted, at times, to spit on his hands, hoist the black flag, and begin slitting throats." --H.L. Mencken

09-02-2003, 07:51 PM	#3
EscortBiz Fuck Checks, CASH only! Join Date: May 2002 Location: New York City Posts: 19,422	i stopped accpeting them on all my sites, and I see no difference __________________ Spanking, Medical Fetish, Sleeping, Strap-on Anal Lesbians, Girls Fucking Guys, Handjob site REAL HOT, Shemales, Anal and Ass Licking sites 100% Real EXCLUSIVE with amazing retention, ccbill payouts, lots of content FREE FTP HOSTING Promote the largest and oldest member paid escort site, Converts 10 times better then any dating site, CCBill payouts ICQ# 158802076

09-02-2003, 07:57 PM	#4
steffie Confirmed User Join Date: May 2002 Location: Somewhere in the Mountains, far far away Posts: 2,422	I stopped taking checks, actually I called ccbill yesterday about those dang checks. I took another shot at the checks a couple of month ago (after removing them last year) I had a shit load of returns, so I called to aske WTF. They told me these are checks who bounced. Now these guys had access. I removed all the check links - Fuck those guys!!! almost 30% bounce (if not more) __________________ Partying since '96 and not going anywhere Anna's Dorm

09-02-2003, 07:59 PM	#5
plsureking bored Industry Role: Join Date: Aug 2003 Location: PORNCMS.com Posts: 4,823	beats me. last report said .2 percent of transactions. __________________ PornCMS / low cost large library paysite management

09-02-2003, 08:21 PM	#6
oldnewbie Confirmed User Join Date: Jul 2003 Location: The End Times Posts: 394	Using Ibill, and for the past 2 months check returns are at exactly 33.33% But good checks do tend to rebill well. So it's a real quandry.

09-02-2003, 08:25 PM	#7
s0laris2 Confirmed User Join Date: Jun 2002 Posts: 317	We stopped using checks. and sales have not changed at all. I think those with checks also have cc cards and then use them in stead (the honest ones) the others are just cheaters. __________________

09-02-2003, 08:41 PM	#8
tony286 lurker Industry Role: Join Date: Aug 2002 Location: atlanta Posts: 57,021	We use achdebit for checks and we are very happy with them. They scrub more carefully and will put people in collections for writing bad checks.

09-02-2003, 09:21 PM	#9
angelsofporn Confirmed User Join Date: Mar 2002 Location: CA Posts: 3,218	dropped em' a long time ago and we actually do better now without them...i won't add them again until they verify the $$ is in the account...i know netbilling does it

09-02-2003, 09:43 PM	#10
PbG Confirmed User Join Date: May 2003 Posts: 1,025	65% __________________ Uncensored-Hosting \| Photography by Gus

09-02-2003, 11:31 PM	#11
spooky181 Confirmed User Join Date: Jul 2003 Location: back of beyond Posts: 2,951	About 30% returned with Verotel. Spooky www.CheatingXXXWife.com/extremecash/index.html

09-02-2003, 11:38 PM	#13
NETbilling Confirmed User Industry Role: Join Date: Jan 2002 Location: Huntington Beach, CA Posts: 8,589	Hi, Our average for mainstream is less than 5% returns and about 20% for adult. It is important to offer good scrubbing options such as "Starchek" and "Experian" for online checks since you cannot get a real time auth from the accountholder's bank. I know a few of the popular companies such as ACHdebit, Electracash and ourselves offer these verifications, and others do not. Please contact our sales department for more information and pricing. You will be quite pleased with what we offer. Toll Free within the US: (888)357-8166 Outside the US: (661)252-2456 Thank you, Mitch Farber __________________ 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!

09-02-2003, 11:48 PM	#15
Extreme John Confirmed User Join Date: Apr 2002 Location: Fl Posts: 1,475	We use Electracash, and since than we have seen a huge decrease in returned checks, we are very happy with Electracash, I also hear some great things about achdebit, thinking about trying them out as well. __________________ Florida Honnies - Extreme John 51299342

09-02-2003, 11:51 PM	#16
IntenseCash Confirmed User Join Date: Apr 2003 Location: Colorado Posts: 2,421	We use Electracash as well and they are definetly alot better than the 3rd party processors for checks. I pray for the day when checks are instantly verified without any fraud, lol. Mark __________________ IntenseCash.com ~ Chuck \| ICQ: 444887112 Top converting sites: BrokeStraightBoys.com, CollegeDudes.com & CollegeBoyPhysicals.com

09-03-2003, 12:23 AM	#18
rdunn404 Confirmed User Industry Role: Join Date: Jan 2002 Posts: 999	I think it all depends on your site/niche...I'm currently at 14% check returns for the year. I'm with CCBill by the way.

09-03-2003, 01:17 AM	#19
slavdogg Confirmed User Join Date: Jan 2001 Posts: 3,570	http://achdebit.com/ doesnt get any better. go with the leader!!

09-03-2003, 01:21 AM	#20
slavdogg Confirmed User Join Date: Jan 2001 Posts: 3,570	here is the amazing part about checks with achdebit.com after about 10 months of no new sign ups CC revenue is about 10% of what it was. ACH is about 45% of what it was. ACH reccurs like crazy.

09-03-2003, 08:45 AM	#21
NETbilling Confirmed User Industry Role: Join Date: Jan 2002 Location: Huntington Beach, CA Posts: 8,589	ACH does recurr exceptionally well. Less signups, better recurring. 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!

09-03-2003, 09:37 AM	#22
wig Confirmed User Join Date: Feb 2002 Location: Panama Posts: 708	If you want to reduce check returns, there are many different things you can do. It's all a matter of how far you want to take it. For instance, you may want to validate via email prior to acceptance. You can use a product like Experian where you can assess consumer credit worthiness and information accuracy (including SSN). You can validate account numbers with StarCheck (where applicable). And, you can even do a microdeposit (like paypal) to validate the account holder. Obviously, some of these will limit throughput and some will totally take away the impulse purchase, so you have to do the math and see what works best for your risk threshhold and application. Most importantly and given the credit card environment, you absolutely should accept checks. There are 100 million people in the US that have a checking or savings account that DO NOT have a credit card. Maybe you have to be on a larger scale to measure it, but I believe not accepting checks is leaving money on the table. How can the biggest programs out there accept checks and make it work while others cannot? Why are some of the bigger programs promoting checks as their first option. There are several companies in this thread that provide great ACH processing and you should open an account with everyone of them and see what works for you. __________________ Credit Card and ACH Processing

09-03-2003, 09:46 AM	#23
rowan Too lazy to set a custom title Join Date: Mar 2002 Location: Australia Posts: 17,393	I run a couple of small sites with similar content... one is an established site with traffic arriving from bookmarkers, SEs, and various personal sites. The other gets traffic mainly from TGPs. The first gets relatively few check signups, but around 80% of those are good. The second gets a lot more, and it's the opposite: 20% are good, 80% are returned. I still believe that there are habitual fraudsters who use TGPs as a method of finding the latest site to check out for free.

09-03-2003, 09:47 AM	#24
SGS Confirmed User Industry Role: Join Date: Dec 2002 Location: Mallorca - Nottingham Posts: 5,176	An option to let checks clear before a surfer gets access is the best way. __________________ See sig...

09-03-2003, 10:47 AM	#26
DutchTeenCash I like Dutch Girls Join Date: Feb 2003 Location: dutchteencash.com Posts: 21,684	20-25% with ccbill hate it ... uhm anyone at achdeb we applied 3 days ago never got any response.... __________________ ICQ 16 91 547 - SKYPE dutchteencash bob AT dutchteencash DOT com ... did you see our newest Sweet Natural Girl Priscilla (18)?

09-03-2003, 10:57 AM	#27
TheSaint Confirmed User Join Date: Jun 2003 Location: Everywhere at once Posts: 991	25% to 30% bounce with CCBill, still a very good deal as about half the customers using checks don't have CC or are maxed out on them. Also some customers share a CC with the wife as they don't want her so see the charge, but they balance the checkbook. My Globill bounce check rate was only about 10%.

09-03-2003, 12:47 PM	#30
SomeCreep :glugglug Join Date: Mar 2003 Location: Where the Wild Things Are Posts: 26,118	expect 50% to bounce __________________ Webair Hosting I use and recommend Webair for hosting.

09-03-2003, 12:48 PM	#31
wig Confirmed User Join Date: Feb 2002 Location: Panama Posts: 708	All you guys and gals hesitant to accept checks consider this... ACH Debit will do your first 30 days of check processing FREE! After that 30 days, we will look at the numbers and you can decide whether to keep going. How's that for a deal? __________________ Credit Card and ACH Processing

09-03-2003, 02:25 PM	#32
wig Confirmed User Join Date: Feb 2002 Location: Panama Posts: 708	Wow, not a single person wants to take me up on FREE 30 days ACH processing? __________________ Credit Card and ACH Processing

09-03-2003, 02:35 PM	#33
payton Registered User Join Date: Oct 2002 Posts: 20	sorry Wig, I'll pass, hard to talk people into giving away 50% to 60% of their subscriptions on bounced checks P

09-03-2003, 02:45 PM	#34
Ross Ik ben een aap Industry Role: Join Date: Sep 2002 Location: Traffic Force Towers, Canada! Posts: 18,874	I dunno how many get returned...... I don't deal with that, someone else does

09-03-2003, 03:15 PM	#36
SleazyDream I'm here for SPORT Industry Role: Join Date: Jul 2001 Location: Phone # (401) 285-0696 Posts: 41,470	i find about 1/3 of them bounce as well. the part that sucks is you get nailed on a transaction fee in and out on a bounced check __________________ This dog, is dog, a dog, good dog, way dog, to dog, keep dog, an dog, idiot dog, busy dog, for dog, 20 dog, seconds dog! Now read without the word dog.

09-03-2003, 03:22 PM	#37
wig Confirmed User Join Date: Feb 2002 Location: Panama Posts: 708	SleazyDream, We only charge a transaction fee if the check is good. We do not charge a return fee. Check out http://www.achdebit.com/sales/facts.html I think it will make sense! __________________ Credit Card and ACH Processing Last edited by wig; 09-03-2003 at 03:25 PM..

09-03-2003, 03:54 PM	#38
payton Registered User Join Date: Oct 2002 Posts: 20	Not charging a return fee is the least you could do when 50% to 60% and more of your "product" is being returned unpaid, after we have given away access to our site for several days! Suggest you get a better handle on your systems before trying to pass it off as a viable alternative Best of luck to you too! Payton

09-03-2003, 04:43 PM	#39
wig Confirmed User Join Date: Feb 2002 Location: Panama Posts: 708	Ah, the Anon has an axe to grind. Who'd a thunk it? __________________ Credit Card and ACH Processing

09-03-2003, 05:03 PM	#40
lexr Confirmed User Join Date: Jul 2003 Location: Tempe, AZ Posts: 428	I've also given up on checks. Perhaps in the future I'll give them a try again.. but right now, they don't amount to that many sales, and the returned checks are much higher than my chargebacks.