Paysite Owners: Are Online Checks Worth It?

MrsHackula · 2003-11-10, 11:25 AM

We are so torn about whether to continue offering online checks. Currently about 1/3rd of all initial check signups bounce.

I also highly suspect that surfers are becoming more aware of the security flaw inherent in using online checks with instant access... They can make up any info they want, and get into a site for free for days before the "check" bounces. I've noticed some wanna-be hackers getting un/pws and posting them to password boards this way too.

On the other hand, when checks are good, they tend to rebill better than credit cards.

So what are your thoughts on accepting online checks?

2003-11-10, 11:25 AM	#1
MrsHackula I'm going to the backseat of my car with the woman I love, and I won't be back for TEN MINUTES Join Date: Apr 2003 Location: Oregon Posts: 86	Paysite Owners: Are Online Checks Worth It? We are so torn about whether to continue offering online checks. Currently about 1/3rd of all initial check signups bounce. I also highly suspect that surfers are becoming more aware of the security flaw inherent in using online checks with instant access... They can make up any info they want, and get into a site for free for days before the "check" bounces. I've noticed some wanna-be hackers getting un/pws and posting them to password boards this way too. On the other hand, when checks are good, they tend to rebill better than credit cards. So what are your thoughts on accepting online checks?

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