ACH processing for '07 - Just a heads up! - GoFuckYourself.com

Ben.Z · 12-20-2006, 08:47 AM

You better be sure that your ACH processor is using "acceptable means" of authenticating your transactions. If they are not, be prepared to grab your ankles!

10 years and WTS is STILL..."Ahead of the Competition and Behind Your Business!"

Happy Holidays,
Ben Zuckerman

jact · 12-20-2006, 08:49 AM

Could you explain "acceptable means" so I can ensure that ours is?

gleem · 12-20-2006, 09:16 AM

I'm curious too. "acceptable means"??

Ben.Z · 12-20-2006, 10:02 AM

Quote:

Originally Posted by jact

Could you explain "acceptable means" so I can ensure that ours is?

Since I'm not the one who can state exactly what is "acceptable" and what is not (we'll leave that to the regulators), an easy way to figure it out is to ask yourself two basic questions...

1) What is being done to validate that the ABA and Account numbers are correct, before presenting them to the ACH network??? (a quick glance at your reason codes on your Returns can clue you in on this. If they contain mostly "invalid account", "unable to locate", "account closed", "unauthorized", etc.... then guess what?!)

2) What is being done to authenticate or verify that the consumer is who they say they are???

Simply put, if you can use any ABA & Account number and/or randomly use anybody's name & address (without having to verify any pertinent, personal info) and the transaction gets processed... then chances are, you are NOT using acceptable means of authentication!

Hope this helps.

Tat2Jr · 12-20-2006, 11:01 AM

All I know is that my WTS payouts are huge, where as my Epoch and CCBill check signups are huge.... but how little I actually get paid from those 2... yikes! I think you guys at WTS must send goons with baseball bats to the houses of Check deadbeats, 'cause they all clear sooner or later!

jact · 12-20-2006, 12:18 PM

Quote:

Originally Posted by WTS - Ben

Since I'm not the one who can state exactly what is "acceptable" and what is not (we'll leave that to the regulators), an easy way to figure it out is to ask yourself two basic questions...

1) What is being done to validate that the ABA and Account numbers are correct, before presenting them to the ACH network??? (a quick glance at your reason codes on your Returns can clue you in on this. If they contain mostly "invalid account", "unable to locate", "account closed", "unauthorized", etc.... then guess what?!)

2) What is being done to authenticate or verify that the consumer is who they say they are???

Simply put, if you can use any ABA & Account number and/or randomly use anybody's name & address (without having to verify any pertinent, personal info) and the transaction gets processed... then chances are, you are NOT using acceptable means of authentication!

Hope this helps.

So, educate a laymen who doesn't have much experience with ACH (Being that I'm Canadian, we're lucky to have electricity). What are the consequences if your ACH processor isn't following the above guidelines?

Mostly just curious, I'm not a fan of ACH myself, but I like to know as much as I can.

Thee Johnclave · 12-20-2006, 12:27 PM

Marketing 101 - Course: "The Chicken Little Effect"

jact · 12-20-2006, 12:36 PM

Quote:

Originally Posted by Jimmy The Squid

Marketing 101 - Course: "The Chicken Little Effect"

Information Mining 101 - Course: "Learn everything you can when a source presents itself"

nick3131 · 12-20-2006, 01:08 PM

Me loves WTS

Great support team, and a superb operation.

Ben.Z · 12-20-2006, 03:08 PM

Confucius 551-479 B.C. - "To know that we know what we know, and that we do not know what we do not know, that is true knowledge." ;-)

Unknown - "Smart is believing half of what you hear, brilliant is knowing which half to believe."

NichWealth posse... we love you too!

Thee Johnclave · 12-20-2006, 03:15 PM

Quote:

Originally Posted by WTS - Ben

Confucius 551-479 B.C. - "To know that we know what we know, and that we do not know what we do not know, that is true knowledge." ;-)

Unknown - "Smart is believing half of what you hear, brilliant is knowing which half to believe."

NichWealth posse... we love you too!

You must have consulted that Confucius book when crafting that first response post.

Pete-KT · 12-20-2006, 03:18 PM

WTS brings us a nice amount of money each week from people without CreditCards

MikeC · 12-21-2006, 11:46 AM

Yes, much much better success with WTS than any other we've tried.

Asthma · 12-21-2006, 12:09 PM

WTS is a solid company

beckie · 12-21-2006, 12:14 PM

I <heart> WTS.

jact · 12-21-2006, 12:28 PM

Thanks for taking the time out to talk to me today, Ben. Look forward to exploring what you have to offer more in depth.

Barefootsies · 12-21-2006, 12:58 PM

Quote:

Originally Posted by Jimmy The Squid

Marketing 101 - Course: "The Chicken Little Effect"

Blazing · 12-21-2006, 01:06 PM

Quote:

Originally Posted by WTS - Ben

You better be sure that your ACH processor is using "acceptable means" of authenticating your transactions. If they are not, be prepared to grab your ankles!

10 years and WTS is STILL..."Ahead of the Competition and Behind Your Business!"

Happy Holidays,
Ben Zuckerman

Ben.. Please contact me when you have time.. I want to get our program hooked into the WTS ach system..

thank you

magicmike · 12-21-2006, 01:23 PM

Anyone that is with WTS or looking to get hooked up, if you want to sell your xsales on ACH we are buying.

Ben.Z · 12-21-2006, 02:18 PM

Quote:

Originally Posted by jact

Thanks for taking the time out to talk to me today, Ben. Look forward to exploring what you have to offer more in depth.

I'm looking forward to working with you, Joel.

BluMedia · 12-21-2006, 03:25 PM

You guys have been great and solid.

Mark

krki · 12-21-2006, 04:20 PM

Happy Holidays you too, Ben.

r-c-e · 12-21-2006, 04:30 PM

You guys are totally pro, always pleasure dealing with you.

Have a great Xmas Ben.

Peaches · 12-21-2006, 09:22 PM

Bump for WTS

Ben.Z · 12-26-2006, 10:23 AM

Words of wisdom for the new year...

"Knowledge is useless unless you can apply it." - A Einstein

Quit being useless and contact WTS today!
You'll be glad you did....

Brad Mitchell · 12-27-2006, 12:42 PM

All I needed to know was that as long as I am using WTS then I am in good shape

Brad

NinjaSteve · 12-27-2006, 01:12 PM

So far I'm enjoying WTS :D

Ben.Z · 01-08-2007, 02:02 PM

For those that are asleep at the wheel, or never saw this thread...... BUMP!

GonZo · 01-09-2007, 02:13 AM

beep beep

Ben.Z · 01-11-2007, 10:19 AM

Come by our booth in Vegas and we'll give you a "what's up" on the happenings in the ACH processing industry for the upcoming year!

Ben.Z · 04-05-2007, 09:35 AM

For those that were paying attention to our "Heads Up" back in late Dec and actually ACTED on it..... congrats! You are in a much better position than those that heard, but did NOTHING! ;-)

Big changes are being proposed for ACH processing, which could be imposed by Sept of this year! More detailed info to come early next week...

Don't get caught with your pants down.... open up an account with WTS today!

WTS....... "Ahead of the Competition and Behind Your Business!"

12-20-2006, 08:47 AM	#1
Ben.Z Confirmed User Industry Role: Join Date: Sep 2004 Location: CardReady.com Posts: 1,164	ACH processing for '07 - Just a heads up! You better be sure that your ACH processor is using "acceptable means" of authenticating your transactions. If they are not, be prepared to grab your ankles! 10 years and WTS is STILL..."Ahead of the Competition and Behind Your Business!" Happy Holidays, Ben Zuckerman __________________ *Credit Card Processing for Adult Merchants* Contact me: Ben Z. (ben\|AT\|CardReady.com) ICQ_138827832 Toll Free: 1.888.398.6001 Ext.212

12-20-2006, 08:49 AM	#2
jact Confirmed User Join Date: Sep 2002 Location: Oakville, Canada Posts: 9,134	Could you explain "acceptable means" so I can ensure that ours is? __________________ Free agent

12-20-2006, 09:16 AM	#3
gleem Confirmed User Industry Role: Join Date: Jun 2001 Location: Sunny Land Posts: 5,593	I'm curious too. "acceptable means"?? __________________ Contact me: \\// E: webmaster /at/ unprofessional.com

12-20-2006, 11:01 AM	#5
Tat2Jr Confirmed User Join Date: Feb 2001 Location: Sunny California Posts: 4,882	All I know is that my WTS payouts are huge, where as my Epoch and CCBill check signups are huge.... but how little I actually get paid from those 2... yikes! I think you guys at WTS must send goons with baseball bats to the houses of Check deadbeats, 'cause they all clear sooner or later! __________________ NICHE MONEY >> Ass Worship • Panties • Solo Teen • Pantyhose Serving up exclusive fetish sites since 1997!

12-20-2006, 12:27 PM	#7
Thee Johnclave The Billz Collectaz Join Date: Nov 2001 Posts: 632	Marketing 101 - Course: "The Chicken Little Effect" __________________ Seeking large traffic deals. john at pptme dot com

12-20-2006, 01:08 PM	#9
nick3131 Confirmed User Join Date: Dec 2004 Location: Gainesville, Florida Posts: 1,186	Me loves WTS Great support team, and a superb operation. __________________ Signed nick3131

12-20-2006, 03:08 PM	#10
Ben.Z Confirmed User Industry Role: Join Date: Sep 2004 Location: CardReady.com Posts: 1,164	Confucius 551-479 B.C. - "To know that we know what we know, and that we do not know what we do not know, that is true knowledge." ;-) Unknown - "Smart is believing half of what you hear, brilliant is knowing which half to believe." NichWealth posse... we love you too! __________________ *Credit Card Processing for Adult Merchants* Contact me: Ben Z. (ben\|AT\|CardReady.com) ICQ_138827832 Toll Free: 1.888.398.6001 Ext.212

12-20-2006, 03:18 PM	#12
Pete-KT Workin With The Devil Industry Role: Join Date: Oct 2004 Location: West Bloomfield, MI Posts: 51,532	WTS brings us a nice amount of money each week from people without CreditCards

12-21-2006, 11:46 AM	#13
MikeC Confirmed User Industry Role: Join Date: Jan 2003 Location: Back in The Saddle Posts: 80	Yes, much much better success with WTS than any other we've tried.

12-21-2006, 12:09 PM	#14
Asthma Confirmed User Join Date: Dec 2001 Posts: 682	WTS is a solid company __________________ AdultMovieClub.com 4000+ Galleries \| RSS Feeds \| White Label \| Search Boxes \| Weekly Payouts You can have your own white labeled DVD download site with matching gallery templates and banners in just a few hours.

12-21-2006, 12:14 PM	#15
beckie Confirmed User Join Date: Dec 2004 Location: Michigan Posts: 405	I <heart> WTS. __________________ Sun Designs xxx icq - 16100431

12-21-2006, 12:28 PM	#16
jact Confirmed User Join Date: Sep 2002 Location: Oakville, Canada Posts: 9,134	Thanks for taking the time out to talk to me today, Ben. Look forward to exploring what you have to offer more in depth. __________________ Free agent

12-21-2006, 01:23 PM	#19
magicmike Confirmed User Industry Role: Join Date: Feb 2003 Location: JustPorno Posts: 2,384	Anyone that is with WTS or looking to get hooked up, if you want to sell your xsales on ACH we are buying. __________________ Just Porno with both classic and mobile porn versions. Gay Porn Our mega gay site tranny porn

12-21-2006, 03:25 PM	#21
BluMedia Confirmed User Industry Role: Join Date: Dec 2002 Location: Colorado Posts: 3,973	You guys have been great and solid. Mark __________________ IntenseCash - If you can't convert us then you might want to look for a new job . BrokeStraightBoys.com converting 1:124 stats counted by Nats

12-21-2006, 04:20 PM	#22
krki Registered User Join Date: Mar 2005 Posts: 74	Happy Holidays you too, Ben.

12-21-2006, 04:30 PM	#23
r-c-e Confirmed User Join Date: Jul 2002 Posts: 1,070	You guys are totally pro, always pleasure dealing with you. Have a great Xmas Ben.

12-21-2006, 09:22 PM	#24
Peaches Old broad Join Date: Oct 2002 Location: Away Posts: 13,933	Bump for WTS

12-26-2006, 10:23 AM	#25
Ben.Z Confirmed User Industry Role: Join Date: Sep 2004 Location: CardReady.com Posts: 1,164	Words of wisdom for the new year... "Knowledge is useless unless you can apply it." - A Einstein Quit being useless and contact WTS today! You'll be glad you did.... __________________ *Credit Card Processing for Adult Merchants* Contact me: Ben Z. (ben\|AT\|CardReady.com) ICQ_138827832 Toll Free: 1.888.398.6001 Ext.212

12-27-2006, 12:42 PM	#26
Brad Mitchell Confirmed User Industry Role: Join Date: Nov 2001 Location: Southfield, MI Posts: 9,812	All I needed to know was that as long as I am using WTS then I am in good shape Brad __________________ President at MojoHost \| brad at mojohost dot com \| Skype MojoHostBrad 71 industry awards for hosting and professional excellence since 1999

12-27-2006, 01:12 PM	#27
NinjaSteve Too lazy to set a custom title Industry Role: Join Date: Dec 2003 Posts: 11,089	So far I'm enjoying WTS :D __________________ ...

01-08-2007, 02:02 PM	#28
Ben.Z Confirmed User Industry Role: Join Date: Sep 2004 Location: CardReady.com Posts: 1,164	For those that are asleep at the wheel, or never saw this thread...... BUMP! __________________ *Credit Card Processing for Adult Merchants* Contact me: Ben Z. (ben\|AT\|CardReady.com) ICQ_138827832 Toll Free: 1.888.398.6001 Ext.212

01-09-2007, 02:13 AM	#29
GonZo Confirmed User Industry Role: Join Date: Jul 2002 Location: Atlanta,Ga. Posts: 3,180	beep beep __________________ Assclown Bob Rice wants to BANG your credit card! "I am putting the bastards of this world on notice; greed and corruption will always be met with "a voice made of ink and rage." All the information above is my personal opinion.

01-11-2007, 10:19 AM	#30
Ben.Z Confirmed User Industry Role: Join Date: Sep 2004 Location: CardReady.com Posts: 1,164	Come by our booth in Vegas and we'll give you a "what's up" on the happenings in the ACH processing industry for the upcoming year! __________________ *Credit Card Processing for Adult Merchants* Contact me: Ben Z. (ben\|AT\|CardReady.com) ICQ_138827832 Toll Free: 1.888.398.6001 Ext.212

04-05-2007, 09:35 AM	#31
Ben.Z Confirmed User Industry Role: Join Date: Sep 2004 Location: CardReady.com Posts: 1,164	For those that were paying attention to our "Heads Up" back in late Dec and actually ACTED on it..... congrats! You are in a much better position than those that heard, but did NOTHING! ;-) Big changes are being proposed for ACH processing, which could be imposed by Sept of this year! More detailed info to come early next week... Don't get caught with your pants down.... open up an account with WTS today! WTS....... "Ahead of the Competition and Behind Your Business!" __________________ *Credit Card Processing for Adult Merchants* Contact me: Ben Z. (ben\|AT\|CardReady.com) ICQ_138827832 Toll Free: 1.888.398.6001 Ext.212