12-22-2009, 03:07 PM
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Confirmed User
Industry Role:
Join Date: Jan 2002
Location: Huntington Beach, CA
Posts: 8,582
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Quote:
Originally Posted by BV
Yes, in fact, at least 1/3 rd of on line check transactions do get returned. (or never get thru) depending on the biller used.
However, the remaining 70% have about double the retention rate of credit card signups.
Simple fact is, you are leaving money on the table if you don't do it. Roughly about 5% more of what you're grossing without it.
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Absolutely correct
__________________
Mitch Farber
CEO - NETbilling, Inc.
Email / Phone: 888-357-8166 / 661-252-2456
Transaction processing & 24/7 call center services with exceptional rates and flexibility, since 1998!
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