Do you accept checks? - GoFuckYourself.com

emjay · 12-22-2009, 12:48 PM

Hi y'all, I am writing an info piece concerning alternative billing, and have noticed that some sites accept checks as a payment method.

Which companies facilitate this process and is it viable? Or is it a case of consumers sending checks via mail?

BTW, in UK, checks, or cheques as they are known here, are to be phased out entirely by 2018...

Feedback appreciated, thanks

NETbilling · 12-22-2009, 02:05 PM

Hi,

We have hundreds of merchants processing checks with us. Please let us know if you are interested.

[email protected]

fuzebox · 12-22-2009, 02:07 PM

How many legitimate US-based surfers use ACH, when every bank issues a Visa or MC debit card with their account?

For me the fraud risk outweighed the benefits.

BV · 12-22-2009, 02:19 PM

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.

NETbilling · 12-22-2009, 03:07 PM

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.

Absolutely correct

emjay · 12-22-2009, 04:00 PM

Quote:

Originally Posted by NetBilling

Hi,

We have hundreds of merchants processing checks with us. Please let us know if you are interested.

[email protected]

Hey Mitch, your http://www.netbilling.com/services.php?id=3 page is very useful, I now have a better undertstanding of ACH, thanks

Merry Christmas to you and the Netbilling team btw

Wizzo · 12-22-2009, 04:04 PM

Quote:

Originally Posted by emjay

BTW, in UK, checks, or cheques as they are known here, are to be phased out entirely by 2018...

That's where DirectDebit from WebBilling comes in, no check and all you need is a bank account...

Major (Tom) · 12-22-2009, 04:08 PM

Quote:

Originally Posted by fuzebox

How many legitimate US-based surfers use ACH, when every bank issues a Visa or MC debit card with their account?

For me the fraud risk outweighed the benefits.

AMEN. If you take checks you are a retard.
Duke

notime · 12-22-2009, 04:08 PM

Hey Marc,
Did you change jobs or is pwbp now ukash?
You going' to Vegas (or Barcelona)?

Major (Tom) · 12-22-2009, 04:12 PM

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.

FACT: If you have good content pirates will join via a check, rip your stuff and it will be over torrents and rapidshare before you even find out it bounced. So off the bat you have 30%. Now, figure in the damage that checks allow, and, the fees (which im sure you pay even if one fails or bounces) and you are looking at a miniscule profit margin. Also, all the pissed off affiliates who see tons of returns and negative amounts will leave you. So are checks still profitable? HELL NO.
Duke

emjay · 12-22-2009, 04:16 PM

Quote:

Originally Posted by notime

Hey Marc,
Did you change jobs or is pwbp now ukash?
You going' to Vegas (or Barcelona)?

Hey Jacques, I now work with several companies in the alternative billing space including PbP still, but currently focussing on Ukash, not least since they have a unique product and are only just moving into adult...

Giving Vegas a miss this year, but probably will go to Barcelona, boy I love that city!

Have yourself a splendid Christmas my friend :-)

amateurcanada · 12-22-2009, 04:26 PM

Quote:

Originally Posted by fuzebox

How many legitimate US-based surfers use ACH, when every bank issues a Visa or MC debit card with their account?
For me the fraud risk outweighed the benefits.

Hi there, checks are less then 1% of our business. We do not get a high ratio of returns, WTS (achbill) does well converting this avenue.

I figure you may as well have all options then not as long as it doesn't confuse your surfer on the join page.

notime · 12-22-2009, 04:27 PM

Quote:

Originally Posted by emjay

Hey Jacques, I now work with several companies in the alternative billing space including PbP still, but currently focussing on Ukash, not least since they have a unique product and are only just moving into adult...

Giving Vegas a miss this year, but probably will go to Barcelona, boy I love that city!

Have yourself a splendid Christmas my friend :-)

I saw Ukash recently on http://www.dialxs.com/index.php?page=ukash also
Nice deal Marc!
See you in Barca, diamond geezer

Happy Christmas to you and your family Marc.

emjay · 12-22-2009, 05:06 PM

Quote:

Originally Posted by Wizzo

That's where DirectDebit from WebBilling comes in, no check and all you need is a bank account...

Yep, DirectDebit is a must and you guys are good at that lol Regards to Joe & Ines btw

BluMedia · 12-22-2009, 06:28 PM

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.

Well said.

stever · 12-22-2009, 06:38 PM

Quote:

Originally Posted by DukeSkywalker

FACT: If you have good content pirates will join via a check, rip your stuff and it will be over torrents and rapidshare before you even find out it bounced. So off the bat you have 30%. Now, figure in the damage that checks allow, and, the fees (which im sure you pay even if one fails or bounces) and you are looking at a miniscule profit margin. Also, all the pissed off affiliates who see tons of returns and negative amounts will leave you. So are checks still profitable? HELL NO.
Duke

interesting point
but cant pirates join via cc and chargeback?

the rebills are good with checks if they dont get returned

andrej_NDC · 12-22-2009, 07:01 PM

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.

Did you try it without checks to compare? 5% more would be nice, but what if cc sales went down the same 5%? It would mean less profit because of the % of check fraud.

Barefootsies · 12-22-2009, 07:53 PM

Not anymore.

I used to. Cut them off years ago. Too many people bouncing, or returning, checks back then..... and that was in a GOOD economy!

RayBonga · 12-22-2009, 08:01 PM

I don't even promote sponsors that offer only checks. I can't understand why anyone under 65 insists in using them.

Robert Day · 12-22-2009, 09:16 PM

Yes, I accept checks. Make one out to me Robert Day in the amount of $1,000,000.00

Captain Kawaii · 12-22-2009, 09:23 PM

Problem with checks for us is that the person can join with a rubber check and be long gone before the ACH peeps find out about it. The ACH peeps give the surfer INSTANT access to your site and you have to hope and pray the check is good and your site is not getting ripped.

PASS...

12-22-2009, 12:48 PM	#1
emjay Confirmed User Join Date: Dec 2004 Location: Back in Blighty Posts: 4,277	Do you accept checks? Hi y'all, I am writing an info piece concerning alternative billing, and have noticed that some sites accept checks as a payment method. Which companies facilitate this process and is it viable? Or is it a case of consumers sending checks via mail? BTW, in UK, checks, or cheques as they are known here, are to be phased out entirely by 2018... Feedback appreciated, thanks __________________ I Run 500+ WhatsApp Groups. The Zuck Owns Me www.emjayconsultancy.com

12-22-2009, 02:05 PM	#2
NETbilling Confirmed User Industry Role: Join Date: Jan 2002 Location: Huntington Beach, CA Posts: 8,582	Hi, We have hundreds of merchants processing checks with us. Please let us know if you are interested. [email protected] __________________ 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!

12-22-2009, 07:53 PM	#18
Barefootsies Choice is an Illusion Industry Role: Join Date: Feb 2005 Location: Land of Obama Posts: 42,635	Not anymore. I used to. Cut them off years ago. Too many people bouncing, or returning, checks back then..... and that was in a GOOD economy! __________________ Should You Email Your Members? Link1 \| Link2 \| Link3 Enough Said. "Would you rather live like a king for a year or like a prince forever?"

12-22-2009, 02:07 PM	#3
fuzebox making it rain Industry Role: Join Date: Oct 2003 Location: seattle Posts: 22,063	How many legitimate US-based surfers use ACH, when every bank issues a Visa or MC debit card with their account? For me the fraud risk outweighed the benefits.

12-22-2009, 02:19 PM	#4
BV wtf Industry Role: Join Date: Sep 2001 Location: Bikini State, FL USA Posts: 10,914	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.

12-22-2009, 04:08 PM	#9
notime Confirmed User Industry Role: Join Date: Jun 2003 Location: cyberspace Posts: 8,021	Hey Marc, Did you change jobs or is pwbp now ukash? You going' to Vegas (or Barcelona)?

12-22-2009, 08:01 PM	#19
RayBonga too cool for highschool Join Date: Nov 2005 Location: East side, West side, Worldwide! Posts: 12,164	I don't even promote sponsors that offer only checks. I can't understand why anyone under 65 insists in using them.

12-22-2009, 09:16 PM	#20
Robert Day So Fucking Banned Join Date: Dec 2009 Posts: 202	Yes, I accept checks. Make one out to me Robert Day in the amount of $1,000,000.00

12-22-2009, 09:23 PM	#21
Captain Kawaii So Fucking Banned Industry Role: Join Date: Oct 2007 Posts: 6,748	Problem with checks for us is that the person can join with a rubber check and be long gone before the ACH peeps find out about it. The ACH peeps give the surfer INSTANT access to your site and you have to hope and pray the check is good and your site is not getting ripped. PASS...