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Whats your % of bad checks? Mine is...
19% for the month of January 2008
about 17% for January 2009 |
checks aren't the best way to get paid
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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! |
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/% |
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i remember seeing a feature where user only gets access after check clears, who did that,
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