[anonymous]

30 day

[AndyYSCISOdept]

30 day

30 days is to long of an exclusivity in my opinion, I mean what happens if some total POS broker submits the deal by lying to the merchant and then the merchant wants to work with me and I cant give them your offer and you end up losing the deal?

[JoeLepkoski]

I agree with Andy that 30 days is too long, YSC used to have a 30 day rule, which became a 21 day rule, and now 14 day. A lot of reps and brokers feel 14 is too short, until you're on the receiving end of being able to submit a deal that a POS broker couldnt close because they over promised. A good rep/broker should definitely be able to get a signed contract in within 14 days.

[AndyYSCISOdept]

I agree with Andy that 30 days is too long, YSC used to have a 30 day rule, which became a 21 day rule, and now 14 day. A lot of reps and brokers feel 14 is too short, until you're on the receiving end of being able to submit a deal that a POS broker couldnt close because they over promised. A good rep/broker should definitely be able to get a signed contract in within 14 days.

Im not saying there shouldn't be some type of exclusivity period but in this industry 30 days is a lifetime, if a merchant hasn't been funded in 30 days then there are some serious issues. And furthermore it makes it less about the customer serv ice and selling products correctly and more about "shot-gunning" your submissons to 50 companies to lock in your exclusivity period.

[GoodCustomerService]

30 days? How about ZERO days.