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-   -   CCBill ACH Direct Deposit (https://gfy.com/showthread.php?t=1017478)

Fat Panda 04-07-2011 10:56 AM

CCBill ACH Direct Deposit
 
Why can't CCBill offer ACH direct deposit? Are they still stuck in the 1990's?

V_RocKs 04-07-2011 11:43 AM

If it ain't broke, don't fix it.

When you walk in the doors it is printed right there on the wall in bold letters.

faxxaff 04-07-2011 11:50 AM

I will sign up for ACH :-)

VGeorgie 04-07-2011 11:52 AM

They make money on the float for the checks they mail out. Most don't come back to their bank for 5-7 days after mailing. In aggregate that's a lot of money in interest.

They make money charging you $15 to $30 for the wire transfer.

Charging for the wires keeps most on printed checks. See the first item again.

Any other questions?

DWB 04-07-2011 01:38 PM

I would use ACH.

NetHorse 04-07-2011 01:41 PM

Well, I guess every program is stuck in the 1990s, I don't know of any that offer ACH direct deposit.

Quote:

Originally Posted by VGeorgie (Post 18040126)
They make money charging you $15 to $30 for the wire transfer.

They charge a $15, (domestic) $30 wire, (international) transfer fee, same as what the bank does. They aren't making money off it.

woj 04-07-2011 01:43 PM

Quote:

Originally Posted by VGeorgie (Post 18040126)
They make money on the float for the checks they mail out. Most don't come back to their bank for 5-7 days after mailing. In aggregate that's a lot of money in interest.

They make money charging you $15 to $30 for the wire transfer.

Charging for the wires keeps most on printed checks. See the first item again.

Any other questions?

That's peanuts compared to 10+% they charge paysite owners... :2 cents:


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