03-29-2004, 10:15 AM
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Confirmed User
Join Date: Mar 2003
Location: Oh Canada!
Posts: 3,662
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Quote:
Originally posted by Colin H
ProBilling charges a flat 19.5% on all 900Pay transactions, and you wait 5 days to get paid, not 3 months or more!
Just a little background on how we differ from other 900Pay providers. We collect all consumer information and do a full transaction fraud scrub on all 900 pay transactions . Our supplier also uses this information to determine if the POS consumer data matches the information they have on the location and owner of the phone number making the call. This is one of the reasons that we can offer a few things that others can't:
-Weekly payments, with a hold of only 5 days, just like the rest of proBilling transactions
-Low, Low chargebacks. ProBilling 900Pay chargebacks average around 3%, compared to other 900 provider's average returns of well over 15%.
-Consumer information is available to the merchant to assist them in collections of any chargebacks.
There is a disadvantage to this system however. You won't receive as much volume as using some of our competitors as some questionable consumers will not pass our fraud/ risk evaluations. But why would you want to accept this volume if:
-After providing the service or site access a large amount of the transactions are charged back, meaning you deliver, but don't get paid for it
-You don't have enough information to try to collect from the consumer that received the service or site access after they charge back the transaction.
-You don't receive what's left of your money for over 60 days
...Also look for a major revision of our 900Pay consumer process soon, streamlining and simplifying it for more sales for our merchants!
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Yep- but it's probilling, and nobody wants to touch you guys with a 10 foot pole |
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