What percent of merchants change bank credentials?
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  1. #1
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    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?

  2. #2
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    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?"

  3. #3
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    https://plaidsettlement.com/

    think plaid will be making changes after this is finalized. too much data is being tossed around

  4. #4
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    Quote Originally Posted by fundingsmbs View Post
    https://plaidsettlement.com/

    think plaid will be making changes after this is finalized. too much data is being tossed around
    Better suggestion - delete Plaid from your phone -
    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

  5. #5
    Less than 50% percent. Most of the time the login remains the same until something happens.

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