PayCom Questions ?
 

Hey can somone give me some quick information on how paycom's credit card and check proccessing work..as far as sales/revokes/refunds compared to alternate billing companies?Also how often do they pay ..how long untill your first sale/re-bill until you will see some $$$$ from them?...any rumours of troubles on the horizon for them?..what was the deal when they fell behind with payments?..do you use as primary secondary or alternate?...Thanks

I can tell you a little about them, I recently switched after the iBill fiasco and have been pretty damn happy. IMO scrubbing is a little tighter with paycom than with iBill, but it doesn't seem to be excessive. They pay webmasters weekly, I get a check in the mail every Tuesday (checks go out on Friday). I believe it was 3 weeks before the first one arrvied but may have been 4. I've yet to have a refund or revoke, which was a weekly ritual with iBills system. I use them as my primary, sill have to have iBill listed or they'll hold my money if they ever release it, 95% of our sales go through paycom, still about 5% use iBill, not sure if this is because it's a name people are more familiar with, or if it's due to the scrubbing.
Rumors from paycom are all positive, they're now moving forward to process for EU webmasters and I think they're a safe company to work with. I don't know what the problem was they had before, but my understanding is everybody eventually got paid. One thing I'm not sure about is reserves, When I get paid weekly it is total revenue minus 3% for their fee and nothing else is held. I don't think this is normal practice, but it's how my account got set up. The young lady I work with there is Amparo and she has been fantastic. Hope this info helps.

Thanks for the response...definitly appreciate you taking the time to answer.The ibill fiasco has run its course as far as keeping the faith..so paycom here i come... :winkwink: