That's true but if you assess a hefty enough penalty then they pay you for it anyway. I used to make several thousand a month just off of late fees and disconnect fees. We assessed a 25 dollar fee for any NSF.
On Thu, Jun 28, 2018, 4:49 PM Matt Hoppes <[email protected]> wrote: > Sure but it takes two days for the failure to come back, so the customer > can use that to game the system if they feel so inclined. With a credit > card the acceptance or rejection is instant. > > On Jun 28, 2018, at 17:30, Lewis Bergman <[email protected]> wrote: > > I guess it depends on your billing system, how it cuts off people, etc. > Mine would accept payment, then reverse it and cut people off > automatically. One of the few things it did well. I was mostly ACH and it > saved me a couple of grand a month if I remember correctly. > > On Thu, Jun 28, 2018 at 4:25 PM Matt Hoppes < > [email protected]> wrote: > >> Hey CH is a pain in my neck. Yes I don’t have to pay fees with the fees >> are very small, but I am not guaranteed my money, and then I have to chase >> balances and add fees and remove payments. >> >> On Jun 28, 2018, at 17:20, Eric Kuhnke <[email protected]> wrote: >> >> >> https://engineering.gusto.com/how-ach-works-a-developer-perspective-part-1/ >> >> Might be of interest for those of you whose billing systems are set up >> for ACH direct debits via checking account numbers. >> >> -- >> AF mailing list >> [email protected] >> http://af.afmug.com/mailman/listinfo/af_af.afmug.com >> >> -- >> AF mailing list >> [email protected] >> http://af.afmug.com/mailman/listinfo/af_af.afmug.com >> > -- > AF mailing list > [email protected] > http://af.afmug.com/mailman/listinfo/af_af.afmug.com > > -- > AF mailing list > [email protected] > http://af.afmug.com/mailman/listinfo/af_af.afmug.com >
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