Results 1 to 5 of 5
-
01-31-2022, 10:22 AM #1
Reputation points: 951
- Join Date
- Feb 2019
- Location
- FL
- Posts
- 95
What percent of merchants change bank credentials?
I'm trying to figure out what percent of merchants change their banking credentials right after a funding call. My guess is that it's somewhere in the range of 50%
Additionally, would it be a safe assumption that fewer people change their credentials after providing it through a link such as DL or Plaid?
-
01-31-2022, 10:28 AM #2
Reputation points: 3942
- Join Date
- Sep 2021
- Posts
- 190
Yeah they definitely should. I've had more than my share of me requesting bank statements and the client asks "Don't you remember it?"
-
01-31-2022, 12:14 PM #3
Reputation points: 86941
- Join Date
- Feb 2018
- Posts
- 1,349
https://plaidsettlement.com/
think plaid will be making changes after this is finalized. too much data is being tossed around
-
02-01-2022, 04:34 PM #4
Reputation points: 84417
- Join Date
- Mar 2014
- Location
- Florida
- Posts
- 2,952
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
-
02-02-2022, 06:26 PM #5
Reputation points: 24
- Join Date
- Dec 2021
- Posts
- 5
Less than 50% percent. Most of the time the login remains the same until something happens.
Similar Threads
-
Who has solutions for merchants when their credit drops below bank loan threshold?
By Franklin in forum Merchant Cash AdvanceReplies: 0Last Post: 06-12-2020, 04:54 PM -
Change of ownership less than 3 months ago, same bank account, same EIN #,
By MCABroker123 in forum Merchant Cash AdvanceReplies: 3Last Post: 05-10-2018, 03:40 PM -
CRM Tip of the Week – Use Named Credentials in Salesforce to simplify integration mai
By HenryA in forum PromotionsReplies: 0Last Post: 01-20-2016, 07:12 PM -
Login Credentials
By 2014FUNDING in forum Merchant Cash AdvanceReplies: 6Last Post: 08-18-2015, 03:30 AM -
Merchants Bank INc
By skideeppow in forum Merchant Cash AdvanceReplies: 0Last Post: 09-18-2013, 03:48 PM