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Old 07-01-2004, 08:25 AM   #1
mindoza
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Cash Processor Reject Rates

We are experiencing a reject rate from our cash processors that seems unusually high. What is a typical reject rate and who do you think the best processors are?

We are too new to have a merchant account at this time!
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Old 07-01-2004, 08:38 AM   #2
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that is credit card processor
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Old 07-01-2004, 09:09 AM   #3
mindoza
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come on guys..help a girl out!!!!!!!!
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Old 07-01-2004, 09:17 AM   #4
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Quote:
Originally posted by mindoza
that is credit card processor
What kind of rate are you talking about 30%, 40%---90%???What?
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Old 07-01-2004, 09:29 AM   #5
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82%
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Old 07-01-2004, 09:31 AM   #6
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Quote:
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82%
what the...

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Old 07-01-2004, 09:35 AM   #7
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Are you talking about decline rates?

If so, I am consistently ~10% overall with CCBill. Higher on new sign-ups (~12%), lower on rebills (~9%). But I think different processors calculate decline rates differently, so numbers may not be directly comparable. For example if a guy is just fuckin' around and gets declined 3 times in rapid succession, is that 3 declines or 1? I think with CCBill, they calculate it as unique declines, so in that example it would be 1 decline. I hope that is the kind of info you were looking for.
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Old 07-01-2004, 09:40 AM   #8
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Quote:
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82%
who are you using?
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Old 07-01-2004, 09:42 AM   #9
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who are you using?
jettis
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Old 07-01-2004, 09:44 AM   #10
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Quote:
Originally posted by CoolE
Are you talking about decline rates?

If so, I am consistently ~10% overall with CCBill. Higher on new sign-ups (~12%), lower on rebills (~9%). But I think different processors calculate decline rates differently, so numbers may not be directly comparable. For example if a guy is just fuckin' around and gets declined 3 times in rapid succession, is that 3 declines or 1? I think with CCBill, they calculate it as unique declines, so in that example it would be 1 decline. I hope that is the kind of info you were looking for.
thanks, even so 82% sounds crazy!
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Old 07-01-2004, 09:46 AM   #11
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thanks, even so 82% sounds crazy!
I'll say!
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Old 07-01-2004, 09:55 AM   #12
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what did you do when you were to new for a merchant account?
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Old 07-01-2004, 10:03 AM   #13
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Originally posted by mindoza
jettis
82%

I would be killing somebody over there...that's funkin crazy...nobody has that kind of decline rate, hell
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Old 07-01-2004, 10:09 AM   #14
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what did you do when you were to new for a merchant account?
Forget merchant account you can't be doing enough volume. We started with Ibill as our processors and now we use CCBill as primary and Ibill as secondary
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Old 07-01-2004, 10:11 AM   #15
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Hank- thanks so much!
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Old 07-01-2004, 10:26 AM   #16
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Hank- thanks so much!
Good Luck
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Old 07-01-2004, 12:44 PM   #17
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mindoza,

This is John with Jettis. I asked our Client Services department run a throughput analysis on your account and our numbers are much different than yours. I believe there may be some confusion in the way you're viewing our reports.

If you could, please contact [email protected] or call 818-707-7434 so we can provide you with the numbers and straighten out any confusion.

Best,

John
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