Every system has its inherent problems, there is no doubt about that
mof's made a good point -- there are some things that the risk level for using a check becomes an unacceptable one. Reseller fraud with checks is hideous compared to cc's.
If the Fed institutes their limits on what is allowable with returns and other check issues then it's going to be even tighter.
Dialers, sms, alternate billing methods are great for certain traffic but not for others.
One thing I do see is the penalty for credits situation, where they are treated as chargebacks, has to be stopped, whether it's the Paycom suit, someone else's suit or the FTC/state AGs stepping in and investigating it. The biggest point of a credit is that it is designed to reduce the load on the system -- there are no cb processing costs, etc. To utilize it in a manner that assesses punitive damage to a merchant is not something I think to be legal.
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