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-   -   A little help recovering those VISA fees... (https://gfy.com/showthread.php?t=81202)

WayPay-Kenny 10-08-2002 11:56 AM

A little help recovering those VISA fees...
 
At the risk of spamming, WayPay may be able to help those of you maintaining multiple biller relationships. Since you probably have to pay VISA fees for all or some of your billers, allow us to help you recover some of those expenses.

Our service allows you to manage the billers you use with one easy interface while we monitor them for uptime and automatically remove them from your lineup if they're not available. Using your new biller farm, your subscribers should always reach one of your billers successfully.

However, our greatest feature is our Transaction Recovery service!

Using Transaction Recovery, our clients have seen a greater than 10% increase in approvals in the last couple months. By offering a declined subscriber a second chance to sign up, with a different biller, you greatly increase your chances of gaining that subscriber. With the varying scrubbing going on by the different billing companies, what's bad at one biller may be good at another. Let WayPay recover these transactions for you.

The bottom line is, you probably have fees to pay. Make them up quicker with WayPay. Use our WayPay Recovery Calculator to get an immediate estimate of what WayPay can recover for you each month. For a client who runs 1,000 transactions per month, that could mean over $18,000 per year.

TFCash 10-08-2002 07:29 PM

Kenny -

With the new Visa reg's that don't allow the sales cycle to initiate away from the biller, i.e. no collecting data and sending it thru to the sign up form, how is that going to effect your ability to use another processor ?? Won't the client have to refill out the sign up page on the new processor, and won't that severely cut out the % that a site can expect to pickup on a 2nd level biller ?? Thanks.


Tim
:Graucho

WayPay-Kenny 10-09-2002 10:49 AM

Quote:

Originally posted by hardcorehosting
With the new Visa reg's that don't allow the sales cycle to initiate away from the biller, i.e. no collecting data and sending it thru to the sign up form, how is that going to effect your ability to use another processor ?? Won't the client have to refill out the sign up page on the new processor, and won't that severely cut out the % that a site can expect to pickup on a 2nd level biller ??
Tim,
If what you say is true, the billers under the new regulations would probably not see as good of a recovery percentage as they would with the pre-populated forms. However, if each site is registered with Visa, and considered a Visa merchant now, I don't see why passing contact information to the join page would be frowned upon.

I'll find out more from our billing partners about this, but no matter what, we're still going to do our best to help our clients make more money, even under the new regulations.

WayPay-Kenny 10-14-2002 12:33 PM

I've confirmed with all but one of our billers that pre-populated forms will still be available under the new Visa regs. This means, no changes on our side and that recoveries should NOT be affected.

So, hit up our calculator and see what we can do for you! :)


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