How important are check payments?
 

Some time within the next year, we will be launching a new program, powered by nats or similar.. however, because we are in europe, mailing out checks is not such a great option (unless we get a third party to do it for us (any recommendations?))

epassporte and wire payments are no problem for us.. how important is it that we offer checks as a payment option for our webmasters?

Any input is welcome!

I believe they make up for 10 - 15 % of adult sales.

I don't mean for accepting memberships (that's no problem), I mean for issuing payments to affiliates.

I would probably suggest getting a third party to mail out checks, but it's up to you how you want to handle it. Best option would be to get a bank account in the US and use online billpay to a send the checks inside the US. It's generally free to do and no charge for postage. There will still be a few checks to mail outside the US, but it will cut down your costs.

Are wires not expensive for you in Europe, or are you planning on charging a fee?

I dont use epass because all I'd ever want to do is get the money into my bank account. Adding that layer of complexity between my money and my bank is just not worth it to me at this point.

Wires are convenient, but more expensive because both sponsor and my bank charge to receive it.

So, I'd want a paper check mailed to me for sure. Waiting a week for a check that I can just sign and deposit directly is well worth it.

Well put. I believe the same thing :)

Hi,

there are places out there that work with NATS and can send checks for you. Easy to use also! I can give you more info when you get NATS :)

i get all my checks in us dollars and it is a pain cashing them in.

I think it's a pretty important option.

Why dont more sponsors offer EFT? It's fast and not expensive like bank wires.

Its very important for me, its my desired payment method of choice.
WG

Yes i prefer receiving checks over anything

I'm thinking about doing direct deposit with Topbucks...I don't know any other sponser who offers that.

almost every major mainstream company does...damn adult always lagging behidn :Oh crap

You need to offer checks.

I wouldn't sign up if i couldn't get checks.

epassporte will takeover the world!

in most of europe checks is more or less worthless... cost alot to cash in...

I would never sign up to a program that only sends checks or wires with $30 fees. Thanks alot epass!

I won't sign up unless you have checks.

Thats not likely.



If anyone is looking for a check-writing service, they should check out rebatebycheck.com:


Fee Schedule

* The one time account set-up fee is $275.00
* Low monthly fee of $39.95
* There are no batch fees
* There are no hidden costs or monthly minimums
* The fees below are per check.

Per check fees

1 - 1,000 checks per batch $0.97 each
1,001 - 5,000 checks per batch $0.88 each
5,001 checks - and up per batch $0.81 each
Fees include all printing costs (except inserts) and include
First Class postage WITHIN the United States.
Pieces mailed outside the U.S. are charged an additional $0.58 each.

Fees for inserts.

1 - 1,000 inserts $0.06 each
1,001 - 5,000 inserts $0.05 each
5,001 inserts - and up $0.04 each

The insert piece is printed and provided by you.

Extremely. I would not promote a sponsor that didnt pay by check.

I prefer check over any other payment option. I'm anal about my recordkeeping and like to photocopy the actual check payment.

:thumbsup

I like checks... it's fun to get them in the mail and add them all up every week.

Half the fun of checks is figuring out which is from who!

C.r.e.a.m.

Epass and wires are the way of the future... No one outside the US likes cheques. :thumbsup

As much as I like wires and EFT, I also don't like giving every sponsor my banking information. ePassporte is convenienet, but still, we see horror stories about them every day on here. For me, checks are the safest bet unless I trust a sponsor enough for EFT or wire.

Thanks for this, I will definately check it out... anyone have experience with this service?

i prefer checks