Checks Vs Credit Cards

wig · 11-15-2002

Morning Oprano!

I've posted this before, but I thought maybe some of you who are interested in how ACH compares to credit cards might like to see it.

http://www.achdebit.com/sales/study.html

Almighty Colin · 11-15-2002

Any numbers on how much better retention on checks is compared to cc's?

wig · 11-15-2002

Colin,

I guess it depends on the merchant. I have no data on credit card retention, so I can only report what has been told to me by merchants, which is:

on the bulk of transactions the concensus is 1-2 months more.

then there are the recurrings that last for years, which they say occur far more with checks than with credit cards.

Maybe a few merchants can offer their experience.

bpj · 11-15-2002

I can!
I know that on PsychicWeb.com, checks recur on average 3-5 weeks LONGER than CC transactions!

Plus! I can tell you that WTS has merchants with members that are STILL being billed after almost 4 years! ;-)))

Gotta love it!

Recur 'em LONGER!

Dianna Vesta · 11-15-2002

Wig you should also post that in the Newbie section.

wig · 11-15-2002

Dianna,

Good idea. Consider it done.

11-15-2002	#2
Almighty Colin Members Want to see your own Advertising Here! Join Date: Oct 2002 Posts: 8,059	Any numbers on how much better retention on checks is compared to cc's? __________________ Almighty Content. Your one stop for live content. Secret Friends, LATINA Secret Friends , My Cam Friends

11-15-2002	#4
bpj Members Join Date: Oct 2002 Posts: 141	I can! I know that on PsychicWeb.com, checks recur on average 3-5 weeks LONGER than CC transactions! Plus! I can tell you that WTS has merchants with members that are STILL being billed after almost 4 years! ;-))) Gotta love it! Recur 'em LONGER! __________________ ] ]

11-15-2002	#5
Dianna Vesta Members Join Date: Oct 2002 Location: South Florida Posts: 2,087	Wig you should also post that in the Newbie section. __________________ Live radio and audio downloads have a definite place in marketing and promoting products. Not only will it capture new customers but it is an excellent way to promote new products to existing customers continuing to build good customer relationships. Click here for more info

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11-15-2002	#1
wig Members Join Date: Oct 2002 Posts: 1,248	Morning Oprano! I've posted this before, but I thought maybe some of you who are interested in how ACH compares to credit cards might like to see it. http://www.achdebit.com/sales/study.html