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Old 10-04-2006, 12:34 PM   #1
Temp1
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Failed Rebills???

Anyone have a viable solution to collecting on failed rebills, at least in part?

1. Send the user an email request for new CC information

2. Sell the open invoices to a collection agency

3. Sell the open invoices to someone like chargemelater, if they accept

What are the options and what is most effective? Discuss.
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Old 10-04-2006, 12:38 PM   #2
After Shock Media
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Why would they qualify for option 2 in your mind?
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Old 10-04-2006, 12:39 PM   #3
Boobs
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#1 isnt a bad idea.. #2 i dont think you can collect on somebody who dont want to rebill
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Old 10-04-2006, 01:22 PM   #4
Temp1
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Quote:
Originally Posted by After Shock Media
Why would they qualify for option 2 in your mind?

Well, you can leave the membership active for 1 month (or longer) effectively rendering the service. I have heard some statute that prohibits collection of credit card debt, but don't know the details.
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Old 10-04-2006, 01:23 PM   #5
MikeB
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4. Send them to an alternative billing solution - like Password By Phone.
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Old 10-04-2006, 01:23 PM   #6
Temp1
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Quote:
Originally Posted by Boobs
#1 isnt a bad idea.. #2 i dont think you can collect on somebody who dont want to rebill

Any data on what percentage would actually respond and submit new info? Will probably give this a test run, maybe offering ACH or paybyphone in the event the CC is maxed.
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Old 10-04-2006, 01:28 PM   #7
Temp1
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Originally Posted by MikeB
4. Send them to an alternative billing solution - like Password By Phone.
Hi Mike,

Any projection on the % of failed rebills that can we saved like this? Going to give it a shot, just want to know what to expect.

Anyone know what epoch/ccbill does?
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Old 10-04-2006, 01:29 PM   #8
squishypimp
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Quote:
Originally Posted by After Shock Media
Why would they qualify for option 2 in your mind?
yeah, unless you have a contract with them, you cant send them into collections.
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Old 10-04-2006, 01:32 PM   #9
MikeB
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Quote:
Originally Posted by Temp1
Hi Mike,

Any projection on the % of failed rebills that can we saved like this? Going to give it a shot, just want to know what to expect.

Anyone know what epoch/ccbill does?

Without knowing all the numbers it is hard to say. How long have they been inactive? What is the reason for a failed rebill (over limit, card stolen, expired, etc)?

Best option is to try to first get the customer to update his credit card info. If the new info fails, then send them over to Password By Phone. Of, if there is no response after a week, send them another email with an alternative method of payment option (Password By Phone).
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Old 10-04-2006, 01:32 PM   #10
Sveindt Beindt
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Quote:
Originally Posted by Temp1
Anyone have a viable solution to collecting on failed rebills, at least in part?

1. Send the user an email request for new CC information

2. Sell the open invoices to a collection agency

3. Sell the open invoices to someone like chargemelater, if they accept

What are the options and what is most effective? Discuss.
I have closed my CC,dont worry i remember you,dont do any thing
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Old 10-04-2006, 01:36 PM   #11
Temp1
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Quote:
Originally Posted by MikeB
Without knowing all the numbers it is hard to say. How long have they been inactive? What is the reason for a failed rebill (over limit, card stolen, expired, etc)?

Best option is to try to first get the customer to update his credit card info. If the new info fails, then send them over to Password By Phone. Of, if there is no response after a week, send them another email with an alternative method of payment option (Password By Phone).

Period of inactivity varies; major reason for failed rebill is over limit.

Thanks for the input, going to give your suggested protocol a shot.
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Old 10-04-2006, 01:45 PM   #12
MikeB
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Tempe1, can you give me a shout on icq? 22124142.

Thanks,

Mike
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Old 10-04-2006, 01:50 PM   #13
MikeB
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Originally Posted by MikeB
Tempe1, can you give me a shout on icq? 22124142.

Thanks,

Mike

that's Temp1, sorry. Dang 3 minute rule.
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Old 10-04-2006, 01:53 PM   #14
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Quote:
Originally Posted by squishypimp
yeah, unless you have a contract with them, you cant send them into collections.
OMG how stupid are you??
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I'm just a newbie.
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Old 10-04-2006, 02:10 PM   #15
Temp1
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Quote:
Originally Posted by MikeB
Tempe1, can you give me a shout on icq? 22124142.

Thanks,

Mike

Will do, mate
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Old 10-04-2006, 03:43 PM   #16
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Retry them 3 and 5 days later.
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