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Old 05-19-2006, 01:21 PM   #1
Quick Buck
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QuickBuck Processing News

Due to unfortunate, continuous and unexplainable fluctuations in conversions for those sites processing with Paycom EU we have been left with no option except to establish our own banking relationships in the Visa EU region.

We have replaced Paycom EU as our primary processor and now process all sites on our own merchant accounts.

We believe that these changes will have a signifcant and positive impact on your conversion ratios. We feel that in order to offer the level of reliability and predictability that our affiliates are now demanding, that for the time being this decision is in our and our affiliates best interest.

Paycom is a strong company, we have had a long and mutually prosperous relationship with them, and look forward to the possibility of working with them again in the future.
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Old 05-19-2006, 01:30 PM   #2
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I would love to see an update over the next few days to see if you experience any similiar fluctuations.
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Old 05-19-2006, 01:33 PM   #3
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I would love to see an update over the next few days to see if you experience any similiar fluctuations.
WG
me too
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Old 05-19-2006, 01:36 PM   #4
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WG,

We wont be sharing any numbers about improvements in ratios. If you're sending to QB then you will be able to see the changes on your own account.

We have too much respect and too long of a history with Paycom to post numbers.

-QB
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Old 05-19-2006, 01:40 PM   #5
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Good luck with the new MC, let us know the numbers when you get them ;)

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Old 05-19-2006, 01:42 PM   #6
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don't post numbers...but can you whisper them to me?
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Old 05-19-2006, 02:01 PM   #7
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Awesome! Nice move
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Old 05-19-2006, 02:03 PM   #8
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Good luck with it dude
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Old 05-19-2006, 02:11 PM   #9
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Thanks all!! Its been a long time coming. Been working hard to get this rolled over. We are tying to do all we can to maximise the $ all our affiliates can make. And we hope and feel this should help out aa TON. So hit me up if yu need any links or custom designs made for anything.
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Old 05-19-2006, 02:15 PM   #10
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Congrats, I had a feeling it had something to do with merchant accounts, But thanks for the specific answers, I hope that is does a lot better for you guys
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Old 05-19-2006, 02:19 PM   #11
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sounds good..
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Old 05-19-2006, 03:40 PM   #12
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Congrats Guys. I have a feeling this is going to be a good thing ;)
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Old 05-19-2006, 03:54 PM   #13
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It all ready is a good thing. One of the most exciteing things to happn over her for a long time. Start sending me joins and you will see how bad ass conversions are!
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Old 05-19-2006, 04:32 PM   #14
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Congrats guys.
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Old 05-19-2006, 06:14 PM   #15
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Congrats guys.

I hope to hear good things from your affiliates...

Matt
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Old 05-20-2006, 06:00 AM   #16
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I wonder if any other big affialte programs will start using merchant accounts only, not like they don't have the volume to qualify. I do remember reading that ARS dropped their merchant account because paycom was acutally doing better for them.
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Old 05-20-2006, 06:12 AM   #17
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I wonder if any other big affialte programs will start using merchant accounts only, not like they don't have the volume to qualify. I do remember reading that ARS dropped their merchant account because paycom was acutally doing better for them.
ha - they already did long ago and of course lost them which is why they are all with Paycom and even CCBILL now.
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Old 05-20-2006, 06:27 AM   #18
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ha - they already did long ago and of course lost them which is why they are all with Paycom and even CCBILL now.
If they did lose them, makes you think how come they did and other guys can keep them. I don't even think ARS had free trials at that time.
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Old 05-20-2006, 09:14 AM   #19
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I think Mutt is referring to a time when people played a LOT of billing games like cross sells that just werent ever disclosed and saying things were free but actually billing them full price anyways... some of the biggest sponsors who are now using 3rd party were running at 10-20% chargeback rates on their own merchant accounts.
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Old 06-04-2006, 10:12 PM   #20
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great thread.. processing in house has seriously boosted our joins.

bigdog... we have a full time risk manager who does nothing but watch our accounts and manage them... and that person is BAD ASS beyond belief.
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Old 06-04-2006, 10:14 PM   #21
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good decision
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Old 06-04-2006, 10:31 PM   #22
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Good to hear!
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Old 06-04-2006, 10:32 PM   #23
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Interesting thread.
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Old 06-04-2006, 11:13 PM   #24
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thats great for EU.. what about US processing?

or did i misunderstand something?
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Old 06-05-2006, 04:15 AM   #25
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great thread.. processing in house has seriously boosted our joins.

bigdog... we have a full time risk manager who does nothing but watch our accounts and manage them... and that person is BAD ASS beyond belief.
If i remember correctly i hear your main complaint was rebills. That the merchant account rebills much better then paycom.

If thats true i can see more people getting their own merchant account and just cross selling to themselves.
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Old 06-05-2006, 08:04 AM   #26
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congrats. It should copnvert great for you guys and your webmasters
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Old 06-05-2006, 08:49 AM   #27
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EU processing means that the processing (banking) relationship is in the EU, and not in the US. It has nothing to do with how US or EU ->surfers<- are being billed. It's merely a jurisdiction issue, i.e. what company (and thus what VISA region) is performing the transaction.

Quote:
Originally Posted by studiocritic
thats great for EU.. what about US processing?

or did i misunderstand something?
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