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  1. #1

    Question How many bounced weekly payments will you allow before switching back to a daily?

    How many bounced weekly payments will you allow before switching back to a daily?

    Trying to get the consensus here.

  2. #2
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    Quote Originally Posted by TheUnderwritingProdigy View Post
    How many bounced weekly payments will you allow before switching back to a daily?

    Trying to get the consensus here.
    after the second bounce

  3. #3
    Quote Originally Posted by tonymotts View Post
    after the second bounce
    2nd consecutive or just 2nd overall?

  4. #4
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    I assume you need to have something in the contract stating you can switch to weekly, correct ?

  5. #5
    Quote Originally Posted by Akanner View Post
    I assume you need to have something in the contract stating you can switch to weekly, correct ?
    I personally don't put anything with weekly terminology in the contract (they go out as daily). It's more of just a verbal agreement that merchant can do a probationary weekly payment. That way at least if they screw up, like in this situation, we can switch them back and the contract still holds up.

  6. #6
    Second bounce
    Katie Bell
    ISO Manager
    Thor Capital Group
    888-445-1028
    info@ThorCapitalGroup.com

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