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-   -   Whats your % of bad checks? Mine is... (https://gfy.com/showthread.php?t=888238)

EscortBiz 02-16-2009 03:26 PM

Whats your % of bad checks? Mine is...
 
19% for the month of January 2008
about 17% for January 2009

notime 02-16-2009 03:44 PM

checks aren't the best way to get paid

SwirlsGirl 02-16-2009 03:52 PM

Lucky you! Only 19%

I am more like 40% returned checks, chargebacks up, declines up,failed rebills up!

Worse then that are the $1600.00 in Denials/declines for the first 6 weeks of 2009!

I guess I should take comfort in knowing that my content is still enticing to many,even if they don't have the measley 14.95 for a rebill in their account :( All in All could be worse I guess!

webmasterchecks 02-16-2009 04:08 PM

is that new sales or total sales? total im guessing.

one other difference is that I *believe* companies like WTS bill have a process where they filter out people before the actual submission occurs, so the decline rate would be lower compared to a CCBill-type system where they take nearly everyone on the front end and the returns happen later.

So for instance, a wts page may ask several questions such as ?which one of these streets did you live on at some time in your life? and give you a choice of 3 street addresses, if you don?t pick the right one, that transaction is not submitted and would not be returned or reflected in your return rate/%

EscortBiz 02-16-2009 04:34 PM

Quote:

Originally Posted by webmasterchecks (Post 15504625)
is that new sales or total sales? total im guessing.

one other difference is that I *believe* companies like WTS bill have a process where they filter out people before the actual submission occurs, so the decline rate would be lower compared to a CCBill-type system where they take nearly everyone on the front end and the returns happen later.

So for instance, a wts page may ask several questions such as ?which one of these streets did you live on at some time in your life? and give you a choice of 3 street addresses, if you don?t pick the right one, that transaction is not submitted and would not be returned or reflected in your return rate/%

i just did a report for the months on january everything i guess new old etc

EscortBiz 02-16-2009 04:34 PM

i remember seeing a feature where user only gets access after check clears, who did that,

Raven 02-16-2009 04:41 PM

Quote:

Originally Posted by EscortBiz (Post 15504777)
i remember seeing a feature where user only gets access after check clears, who did that,

Glo Bill used to do that.

EscortBiz 02-16-2009 04:47 PM

Quote:

Originally Posted by Raven (Post 15504808)
Glo Bill used to do that.

I def think a merchant should be able to select that


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