Is Anyone Accpeting Online Checks For Memberships?

I was curious to find out who is still accepting online checks at the moment for paysite memberships, is this a payment method you are currently using and if so, who are you processing them through?

We're looking at ways of generating additional revenue streams for some of our affiliate programs and we havent really accepted checks in a long time, was just wondering if there are still issues getting them paid and also how popular they actually are as a payment method by surfers?

Does the additional realized income generated from checks outweigh the amount of check payments returned?

Regards,

Lee

we offer it as an option, but I can't remember the last time someone signed up using it

BOUNCE BOUNCE BOUNCE

Jimmy

Agree with Jimmy.
I stopped taking them realizing that about 60% or more don't clear.

I've been looking for new sponsors lately and have noticed a number of sites that do take check as a payment type.

My personal favorite is Choas Men who will let you mail a paper check and after it clears will e-mail you a password good for 30 days.

yes,
bounce bounce bounce

Last time I tried cheques was just over a year ago, you can see the results here: http://www.gaydemon.biz/showthread.p...ghlight=cheque

WTS processes ACH (US) for over 12 years. Our authentication process result in aprox. 90% settlement rate on accepted transactions.
A merchant should expect about 8%-10% in new revenues from existing traffic.

Please give me a call at 800-569-8650 and I can answer any questions.

Quote:

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Originally Posted by Lee

I was curious to find out who is still accepting online checks at the moment for paysite memberships, is this a payment method you are currently using and if so, who are you processing them through?

We're looking at ways of generating additional revenue streams for some of our affiliate programs and we havent really accepted checks in a long time, was just wondering if there are still issues getting them paid and also how popular they actually are as a payment method by surfers?

Does the additional realized income generated from checks outweigh the amount of check payments returned?

Regards,

Lee

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Hi Lee,

We have hundreds of merchants that process checks through us as an option and even better to cascade from a credit card decline. Our rates are great too. Let me know if you are interested in finding out more.

Thanks, Mitch

Quote:

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Originally Posted by nicedreams

BOUNCE BOUNCE BOUNCE

Jimmy

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It seriously amazes me how many webmasters are deathly afraid of a surfer getting a "free ride" and don't take check signups because of it. Even if the return rate is 20%, the other 80% is additional money you wouldn't have had in the first place. There's no possible way the 20% of checks that didn't clear used up enough bandwidth to eat your profit off the other 80%. None of the big programs have stopped taking checks. Maybe you should think about why that's the case.

Let's get some Q & A going on here... Now tell me, why are you leaving money on the table?!

Lee, instead of asking, maybe you should do what I did, start accepting cheques on your sites and then report back after a 1-month test. Its been a year since my test and given the financial issues things may have changed. Its prolly the only way you will find out if it will work for you too!

Quote:

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Originally Posted by HunkMoneyLuke

Lee, instead of asking, maybe you should do what I did, start accepting cheques on your sites and then report back after a 1-month test. Its been a year since my test and given the financial issues things may have changed. Its prolly the only way you will find out if it will work for you too!

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I agree - just add it and test it out.

Most of the processors have alternate payment methods with decent results (or we wouldn't offer them :)) Online Checks, EU Debit, DirectPay EU and Latin America, are all viable options.

QUESTION: Those that offer checks, or other forms - do you offer checks as a secondary option after a declined card (as Mitch mentioned) or as one of your initial payment options upfront?