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11-09-2017, 09:12 AM #1
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Need To Collect Professional Service Fees?
Do You Need a Quick Secure-Private Method to Collect
your Professional Service Fees?
Several Options Available:
1) Send Pay Online Button to an E-Mail.
2) Use this HTML snippet that displays the Pay Online Button in a Web Page.
<a href="https://geniecashbox.com/pol?cashbox=7272331111&amount=500.00&orderid=72723 31111&description=Professional Service Fee"> <img border=0 src="https://geniecashbox.com/images/dollar.png" alt="Pay Online" title="Pay Online"></a>
The customer enters their checking account information, clicks send and your payment arrives within 5 minutes in your email. Print out check and deposit into your account.
Good for transactions up to 250KDave Lambert, Business Development
dave@fcbankcard.com
Merchant Services Consultant
High Risk Merchant Payment Solutions
SBA 7(a) Loans & Short-Term Funding
T/VM: 727-291-7890
Office: 727-233-1111
Skype: fc-financial
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11-09-2017, 11:25 AM #2
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- Jul 2014
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Wow this is amazing! not.
What, to you, is a PSF? Let's examine this right now. You are giving an outlet for people to collect PSFs on what... a cash advance? LOC? "Good for transactions up to 250K" ? I think after 250k you would attempt to lower the rate to appease and THEN (because all the work/advisory/sale) of a file over 250k.
I don't mean to bust bubbles but the excessive PSFs on stacked deals lead to more defaults. Then you call those UCC. They're not even worth anything. I can keep going on 1000 more topics branching from this but I am sure someone else is going to take it from here...Amanda Kingsley
DailyFunder: WhoisKingsley
This is me. https://www.facebook.com/whoiskingsley
I am Here too. https://www.facebook.com/groups/TheClosersGroup
Always Live and Lead with Integrity.
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11-09-2017, 12:10 PM #3John Celifarco
Managing Partner
Horizon Funding Group
3423 Ave S
Brooklyn, NY 11234
T: (347) 773-3990 | F: (718) 795-1990
Linkedin: Profile
Email: john@horizonfundinggroup.com
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11-09-2017, 04:49 PM #4
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- Jun 2015
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What is wrong with getting someone better than a cash advance and charging a psf ? the midwest of the world do it . Which way is better for that 750 credit merchant ? How about securing a bank or land loan and charging a fee (that lender allows). Not all people who charge fees are the stacked cash advance .
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11-09-2017, 04:51 PM #5
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11-09-2017, 04:53 PM #6
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1st, I had a typo - that's is what happens when the phone rings and I did not re-read what my fat fingers where typing.
Transactions up to $9,999.00 - Not sure what your definition of "Excessive" but, we are a software company.
I'm not in the business of policing other businesses.
I do know I had several calls from people in the industry seeking solutions to collect fees.
We provide a software solution that allows a company to collect their fee and not wait for the "Check in the Mail"
Check is delivered within minutes of the customer authorizing the transaction and the receiver can deposit the check within minutes into their bank account.
IBV is a Real-Time Verification that is not possible with a Check 21
This solution is not limited to this industry.Last edited by Yankeeman07; 11-10-2017 at 06:06 PM. Reason: additional info
Dave Lambert, Business Development
dave@fcbankcard.com
Merchant Services Consultant
High Risk Merchant Payment Solutions
SBA 7(a) Loans & Short-Term Funding
T/VM: 727-291-7890
Office: 727-233-1111
Skype: fc-financial
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11-09-2017, 03:26 PM #7
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- Jun 2017
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- 2,049
In reality if I fund a 10k Deal w/ a crap lender...
I want my $500 PSF.
Otherwise its just not worth the time. For what? 6 Points?
But yea this is stupid.... if your bank doesn't let you ACH there a buch of other options over this website that literally looks like the 3rd website ever put on the Internet, EVER.
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11-10-2017, 04:52 PM #8
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I love comments from people that do not disclose whom they are.
You should also learn the different types of ACH Accounts - This industry will not qulaify
for an account from an ODFI or from your own bank.
http://www.checktraining.com/fcf - Read the unacceptable Merchant Types.
Therefore, when a fee is due and you want to collect immediately, we have a solution,
that places a check in your email in-box within 5 minutes after the customer authorizes the transaction.Dave Lambert, Business Development
dave@fcbankcard.com
Merchant Services Consultant
High Risk Merchant Payment Solutions
SBA 7(a) Loans & Short-Term Funding
T/VM: 727-291-7890
Office: 727-233-1111
Skype: fc-financial
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11-13-2017, 12:55 PM #9
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We pull ACH's via Our Business Bank.
And DIRECTLY from your CONTENT....
"Business Lending Company (Sale of future receivables is acceptable)"
LMAO, Is acceptable? FROM YOUR SITE? Come on now.
And your just displaying SAGE's info on your site.
You have no Idea wtf your talking about.
Some banks don't let you pull until you have been around for 2 years.... then a service like this is useful.
We have been pulling PSFs for a decade bro. Go live your life.Last edited by ryan $; 11-13-2017 at 01:04 PM.
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11-13-2017, 01:03 PM #10
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Dave Lambert, Business Development
dave@fcbankcard.com
Merchant Services Consultant
High Risk Merchant Payment Solutions
SBA 7(a) Loans & Short-Term Funding
T/VM: 727-291-7890
Office: 727-233-1111
Skype: fc-financial
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11-13-2017, 01:08 PM #11
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dickkkkkkkkkkkkkkkkkkkk.png
This is where u said i should read right?
Wtf are you talking about a Merchant Pull?
You said you can't pull ACH's via your bank, I said you can.
And clearly what you told me to READ - to try and prove a point.....says we can too.
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11-13-2017, 01:12 PM #12
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11-13-2017, 01:11 PM #13
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Look at your website bro, smh.
Conversation over.
You can't be serious.
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11-13-2017, 01:26 PM #14
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Bro? are you a juvenile ?
Dave Lambert, Business Development
dave@fcbankcard.com
Merchant Services Consultant
High Risk Merchant Payment Solutions
SBA 7(a) Loans & Short-Term Funding
T/VM: 727-291-7890
Office: 727-233-1111
Skype: fc-financial
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11-13-2017, 02:53 PM #15
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11-13-2017, 03:35 PM #16
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11-13-2017, 01:39 PM #17
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I can vouch for Dave. Great guy. I know the system he's using, awesome system that WORKS. Yes, he's reselling it (as am I), so don't judge this product from his website.
We had a discussion about this before.
http://dailyfunder.com/showthread.ph...To-Charge-Fees
I still think that for PSFs and the like that Check Drafts make more sense.
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11-13-2017, 05:10 PM #18
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11-13-2017, 05:32 PM #19
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I hope you don't think that I meant that. In fact, I don't think it's the right product for the MCA broker world at all. It's much better for credit repair companies (where ACH draws are a major pain!) or companies any companies that have to do business doing large wires. With nice volume, it can then provide passive income.
I'm just here vouching for Dave as a person and that he's not lying.
Everyone should just lay off the insults.
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11-13-2017, 05:16 PM #20
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- 827
We are in a an extremely profitable industry currently, why waste time trying to sell these bull **** products? If this is considered worth it for you, you need to find a good iso in the mca place to work for.
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11-14-2017, 08:40 AM #21
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I was just stating facts.
You said this industry (MCA) cant pull ACH's with their Bank.
I said, YES WE CAN.
Then you back-peddle. And throw out "Facts" and "Transaction Types" to distance yourself from the root of what I was challenging about your post. It's pretty simple.
You can't "Pull" from a Bank Account - they can send you money ACH. Whatever the situation. I can't screw your wife, she can screw me. It's semantics.
"This Industry will not Qualify" Your giving misinformation trying to resell your product.
Furthermore.... If I start saying Hey Office Admin I have an ACH for you to get Authorized... I think I would die.
No, here pull this ACH today, he was funded. Done.Last edited by ryan $; 11-14-2017 at 08:44 AM.
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11-14-2017, 09:53 AM #22
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Also,
When you initiate the transfer from the receiving account, it's an ACH debit, or figuratively an ACH Pull — you are pulling the money in from the source account. When you give your bank account to a utility for automatic payments, the utility is doing an ACH pull against your bank account.
In this scenario, the Merchant gave their Information TO OUR COMPANY (Just like the utility) to Run a One time or Recurring Payment. AKA an ACH PULLLLLLLLLLLLLLLLL LLL LLLLLLLL.
SCIENCE IS A LIE SOMETIMES!
And so are you.
That is straight from a Bank. So Authorize?
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11-14-2017, 10:34 AM #23
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- Florida
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Your are not very good at definitions - the key words are "customer authorization" - no matter what you claim, there is not an ODFI going to approve an MCA company to pull funds from a customer's account.
If you pull via a Check 21 and your customers goes to the bank and disputes the charge as "unauthorized"
I know what will occur.
1) Customer will have their funds returned by their bank.
2) Your account will be flagged as having "unauthorized transactions"
3) Your bank account will be closed.
**In your example of the Utility company, the customer initiates the approval (debit) by agreeing to have the UT debit their account.
An MCA does not nor will they be approved by any ODFI or the Risk Dept ( it is called Treasury Services) if you are attempting to go thru your bank. You have a better chance of getting a colon screening than obtaining the authority to pull money from customers accounts via your bank.
BTW, yes, I do write for Sage (formally GETI) Jack Henry, Profit Stars and Bank of Kentucky.
BTW, no one asked you to offer your opinion on our web site. 1st. It works, 2nd. I did not build or design the site.
3rd. We have other product/services in the pipeline that will generate revenue for agents and the company.
It's like the banks the still use Cobalt as a programming language, guess why? IT WORKS - Not Fancy, but, functional.Dave Lambert, Business Development
dave@fcbankcard.com
Merchant Services Consultant
High Risk Merchant Payment Solutions
SBA 7(a) Loans & Short-Term Funding
T/VM: 727-291-7890
Office: 727-233-1111
Skype: fc-financial
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11-14-2017, 10:53 AM #24
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WTF do you think a psf sheet is? AN ACH Authorization....THAT THEY SIGN
WTF are you trying to do? Pull unauthorized transactions? Are you mental?
In exchange for the Services provided herein, the undersigned account holder hereby authorizes *** to electronically draft via E-Check (ACH) and/or Check-by-Phone the amounts indicated herein from the account identified below. This authority will continue until withdrawn in writing by the undersigned account holder. The undersigned account holder hereby certifies that they are fully authorized to execute this form on behalf of the above-listed Merchant. All fees are non-refundable.
Also as I said above.... If they dispute charges and its a new account.... Your bank may very well be terminated.
When your not a new account, and charges get disputed (which they have from time to time)....Our bank account has never been terminated.
Listen to yourself.Last edited by ryan $; 11-14-2017 at 11:14 AM.
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11-14-2017, 11:11 AM #25
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Also...
"If you pull via a Check 21 and your customers goes to the bank and disputes the charge as "unauthorized"
I know what will occur."
How can you dispute something as unauthorized when you have a signature on an ACH AUTHORIZATION FORM?
That's almost as ridiculous as claiming you know what your talking about.Last edited by ryan $; 11-14-2017 at 11:15 AM.
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