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The few years we did accept online checks our returned check for them was easily 30%, compared to .4% in credit card chargeback.
We stopped offering them since I think CCBill’s scrub policy in regards to online checks makes it way to easy for people to signup under false names (Harry Bawls, Jay Feidler (the day after he signed a large contract with the Dolphins) and even a H. Jay Simpson) and so they get free access for a few days and then when it finally processes and finds out that it is indeed false information and kills the username, they have already had access to our site for 3-4 days and once the username is killed they just do it again.
I would say 50% of all returned checks that we have had are from 2 people who just repeated the process over and over and a few times posted their usernames on password boards so we lost a lot of BW over nothing.
I just wanted to point this out to people who no longer offer online checking so when/if it does happen they know how and why and what they can do to stop it.
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