Should we also accept online checks for payments with CCBILL?
 

Should we also accept online checks for payments with CCBILL?
I heard from a friend that most checks get returned unpaid

The return rate is pretty obscene. But if you don't you are throwing away money.

-Tony

They way we look at it is that our actual cost per signup is pretty low, and since there are no fees associated with check fraud, we really don't lose by accepting checks (we use ibill btw), but the rate is pretty darn high (80%?)

speaking of ccbill. is everything ok? my stats gone down the shit hole and i have no idea why.

Yep, somewhere around an 80% return rate but the 20% extra would be missed out on otherwise.

My client stats work fine...

As for accepting checks with ccbill, dont bother! I think i had a 90%+ return rate. I had thousands $ in return checks last year and decided to remove it from my sites this year! (my only complaint with ccbill)

I'd suggest looking at probilling probably, ive heard they have decent check fraud prevention.

Wow 80% to 90%!!!
The Problem is....
Do you think it could lose sales from people who would have used a CC but when they see an option to pay by online check choose that option and Stop the Check?

an Idea would be to send CC Declines to the Online Check Signup form?

Not if you have a minimum of 100mb movie clips in the members section and had idiots who would sign up WEEKLY with fraudulent checks. I didn't care back when I was just serving pictures, but I couldn't take the risk with large movie files. Bandwidth would be through the roof.

I don't know how people are getting away with it but I know for sure that people are still signing up with stolen credit card numbers and trying to trade the pass..I have one who has rebilled over 6 months and his username is routinely blocked and unblocked by pennywize. But he never emails me to complain about his username being blocked like others do.

I stopped taking checks long time ago and haven't noticed a difference.

Im going to add this to my Check Signup Form
<TABLE WIDTH="734" BORDER="1" CELLSPACING="1" CELLPADDING="1" BORDERCOLOR="#000000"><TR><TD HEIGHT="21" BGCOLOR="#FFFFFF" BORDERCOLOR="#FFFFFF"><DIV ALIGN="CENTER"><FONT SIZE="2" COLOR="#FF0000"><B><FONT SIZE="3">WARNING REGARDING RETURNED CHECKS </FONT></B></FONT><FONT SIZE="2"><BR><FONT COLOR="#000000">Unpaid checks, returned by the bank for any reason, are referred to the Collection Department. $30.00 fee will be assessed. A letter is sent to the client advising them of the returned check. If there is no response from the client, the collector will attempt to contact them by telephone. The final collection action is to send a Notice to Dishonor which advises the client that failure to pay may result in additional collection and attorney fees being assessed. Interest of 12% is added from the date of dishonor. </FONT></FONT></DIV></TD></TR></TABLE>
might work?

Here is our CCBILL stats for checks. Looks like we had about $100,000 in returned checks but we made over $300,000 that we wouldn't have had if we didn't accept checks. Our return rate is 23%. So you can see it's worth while.

http://www.contentpush.net/ccbill.jpg


-Tony

Returned checks are a problem. But I recently learned that CCBill has a option to make people validate their email address before their check is accepted.

I am having that option turned on. And from then on I'll email every single returned check owner and tell them that their name is going public on my message board.

You guys should be using a check processor to process your checks instead of CCBill. Check out www.achdebit.com . From what I've seen so far, they have a far superior system and will keep fraud out.

Use credit card processors to process credit cards. Use check processors to process checks. And use dialer companies to handle your dialers.

Doesn't that make a lot more sense?

I always wondered that, too. We offer the check and dialer solution a little lower on the join page, a full screen down actually. Sales seem to be kicking as usual.

True. It really does depend on how much bandwidth they can suck from you right off the bat, so with that many MBs of movies I can understand.

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That's the problem with that.

After years of putting up with check fraud we stopped them on all sites. Our sponsors made us tours without checks as the fraud rate is much too high. As far as i know only pro billing has an alternative, but there is still fraud with them.

Cut your echeck returns from 30-40% with other processors down to 5-7% With DirectCheck.

good thing to know

Yep.. returns are really high, but the sales that go through... rebill forever and ever. You will lose money if you dont take online checks from ccbill

:1orglaugh

Nothin' like recommending a company that will be completely out of business soon. They already ate the shit sandwich on credit cards.

Hey Chowda........I don't think you're alone on that one. Have heard the same thing from several others. Some have said they've had days with them that are running at like 20% of normal revenue streams. And then they are back up again later?

Doesn't make sense for peeps to have drops that dramatic, and I ask if their traffic is the same, and its always yeah. Maybe someone from ccbill can answer this one.

:question

If you are looking for alternative billing methods....You may want to look at Duocash...

(BTW, I personally favor Intertrans or Electracash for ACH)

But if you would like to see more about how Duocash works:

http://www.duocash.com/merchants/Adu...antInfo3.0.pdf

Take a look.....We have some VERY big deals coming down and you will see us EVERYWHERE in about 6 months:Graucho