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PeerPatrick - Wassuuup Pat :)
Soul_Rebel - For sure! Groove - Contact [email protected] for fee structure. And btw, this is a service ANYONE can use. Not just MPA2 affiliate program owners. Perfect for merchant account holders that have to cut their own checks as well. bhutocracy - quote: "ahh im going off the figures you posted a few weeks ago that had the secondary processor at 50% of the primary signups and assuming they are the norm - I wasn't going to claim mpa2 doubles signups based on 84 hits even though it did!" That was a pretty extreme case where the primary processor obviously was scrubbing way too hard, hence the big number for secondary. That is NOT the norm. The norm, and this is from feedback from our customers, is an average of 26% more signups for the secondary and third combined. Over 30% is not abnormal. So looking at your own numbers and calculating that you will make that much more if you cascade through a secondary and thir processor, an investment into a system like MPA2 is absolutely worth it when you get to a certain volume of transactions. :thumbsup justsexxx - Contact Fitz at electracash - the domain is only reserved. Electracash is handling this :) kmanrox - True dat! :Graucho |
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FYI:
One current configuration with actual numbers from a customer using MPA2s cascading credit card processing: Primary 68% Secondary 31% Third 1% Total of 100% credit card signups Checks on top of that 8,5% And here is another configuration: Primary 81% Secondary 15% third 4% Total of 100% credit card signups Checks on top of that 7,5% figured it would be interesting to see how the numbers break down if you have have different primary, secondary and third processor in your cascade. I will come back with new numbers once we have a EU processor selected and tested with customers for a while - then break it down by geo location. :2 cents: |
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I think the general feedback we get is that SMS billing in the EU is second priority after a good working EU credit/debit card processor...
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Oystein / Gary,
From everyting I have heard, you guys have a great product. Your cascading billing is a must and I am sure merchants that use MPA are reaping the reward. Why do you think checks make up such a low percentage? 7-8% seems low in my experience. Are you guys planning to do anything different to give ACH more exposure? Is this something that the merchant can control? In other words, are they able to choose to promote ACH more prominently than credit cards or dialers? Afterall, ACH is cheaper to process, has better retention and with the VISA/MC issues more merchants will be looking to maximize ACH as time goes on. |
I agree, pushing checks more is a good idea. We have used WTS for years.
BTW, if you are really looking for advice, give me a discount on that copy of MPA2 we are buying for a project and I will give you advice;-) |
Groove - I will gather a few from the ones of our customers who want to share them with us and see if I can get the lates "average" for a couple of different configurations. I will post them in this thread in a few days... :)
wig - Thanks for the props. And yes they are! No doubt about that. From when I was with Epochsystems back in the 90's the ACH (check) processing was +/- 10% of the total sales. I haven't seen that big of a difference today except for, as you say, the ones that promote it harder. This is something we do recommend our customers to do, especially in these "crazy" credit card processing days. No doubt. There are several things that can be done by the merchant to increase the check processing volume within the MPA2 setup - it is all in the layout of the join form sequence. Highly customizable - and it is up to each individual MPA2 administrator/program owner to set this. I am personally a big fan of ACH processing and think it should be dealt with a lot more seriously than unfortunately most program owners do today. So we are definately on the same page here :thumbsup I would love to hear from program owners that does NOT offer ACH processing as a form of payment WHY they don't. I would also love to hear from program owners what THEIR % of total sales comes from ACH transactions... BradShaw - I am convinced that you know what you are doing Brad, so both WTS and MPA2 are given choices for you in your ventures :winkwink: We are looking forward to doing business with you, at last, Brad, and I know we will get lots of feedback once you have started to use the program. I am sure you will make so much good money with MPA2 that you will THROW more money at us just because it works so extremely good for you ;-) :) |
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I also have another question for you... I assume CCBillEU and Jettis (EU) are already supported by MPA2? |
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Brad, thanks for the props! btw, congrats to you and shaw cutie. :) |
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wig - absolutely. There are several things we are working on to better optimize the signup process within the MPA2. ACH is definately a key component.
Marie - CYA on ICQ |
Geez...looks like you got everybody already. I wish I had someone I could suggest.
LOL |
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