Check processing - GoFuckYourself.com

BJ · 11-03-2006, 03:40 PM

all evidence points to no. Is it worth it?

Barefootsies · 11-03-2006, 03:46 PM

Quote:

Originally Posted by PureMeds

all evidence points to no. Is it worth it?

A lot of fraud in it. Prolly more than half come back NSF, bounced, etc. Luckily not a lot use that.

jalami · 11-03-2006, 04:53 PM

I use ACH processing on pharma and it's been real great. You know whether the transaction is good or not within about 2-3 days, and the chargeback process is tougher for the client, so you only get CBs from clients who really mean it (which is rare).

If you're in the physical products biz, it works great and can be cheaper than CCs. You'll never get the same kind of volume than from visa/mc though. I find the NSF/bounced percentage to be under 5% in our case, which is fine since we just cancel those orders before they ship.

11-03-2006, 03:40 PM	#1
BJ Confirmed User Join Date: Mar 2002 Location: asia Posts: 5,590	Check processing all evidence points to no. Is it worth it?

11-03-2006, 04:53 PM	#3
jalami Confirmed User Industry Role: Join Date: May 2004 Location: Costa Rica Posts: 845	I use ACH processing on pharma and it's been real great. You know whether the transaction is good or not within about 2-3 days, and the chargeback process is tougher for the client, so you only get CBs from clients who really mean it (which is rare). If you're in the physical products biz, it works great and can be cheaper than CCs. You'll never get the same kind of volume than from visa/mc though. I find the NSF/bounced percentage to be under 5% in our case, which is fine since we just cancel those orders before they ship.