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Monthly Payments (1 Viewer)

  • Thread starter Nick
  • Start date May 3, 2015
Forums New posts

Nick

Administrator
  • May 3, 2015
  • #1
Apparently waiting on consumer credit license.

Don't see why they don't just take a payment at the start of each month and send out the tickets for that month.
 

italiahorse

Well-Known Member
  • May 3, 2015
  • #2
I notice online that the season ticket cards will be re-introduced and money can be transferred from your old one.
Monthly payments could easily be paid for games in following Month.
 
W

wingy

Well-Known Member
  • May 3, 2015
  • #3
Just what are the requirements/restrictions for holding a credit license
Anyone In the know here?
 

Nick

Administrator
  • May 3, 2015
  • #4
Dont know why they dont just take money off people at the start of every month (standing orders / dd) and post that months tickets out. It isn't actually credit then is it.
 

Nick

Administrator
  • May 3, 2015
  • #5
Suggested it to the club, they said:

That is something done in past, but not doesn't work logistically at moment
f we're able to use cards rather than paper tickets next season, it is an easier process
 

SkyBlue_Bear83

Well-Known Member
  • May 3, 2015
  • #6
I take it you run the SBT twitter account Nick?

UK Gryphon is giving the club a grilling on it
 
W

wingy

Well-Known Member
  • May 3, 2015
  • #7
Nick said:
Dont know why they dont just take money off people at the start of every month (standing orders / dd) and post that months tickets out. It isn't actually credit then is it.
Click to expand...
Agreed Nick
Unless there Is some risk involved
With the old system the liability of none payment was with a third party
That security came at a cost though, possibly 5-10%on Income generated
 

westofrayne

Well-Known Member
  • May 3, 2015
  • #8
Just don't understand why it takes so long to get consumer credit license, if they started the process in September when we can back to Ricoh, why is it not done yet.

I have 4 x Tickets that hinge on credit/monthly payment
 

SkyBlue_Bear83

Well-Known Member
  • May 3, 2015
  • #9
wingy said:
Agreed Nick
Unless there Is some risk involved
With the old system the liability of none payment was with a third party
That security came at a cost though, possibly 5-10%on Income generated
Click to expand...

If there is a non payment, you just don't send out the tickets for the month though?
 

Nick

Administrator
  • May 3, 2015
  • #10
wingy said:
Agreed Nick
Unless there Is some risk involved
With the old system the liability of none payment was with a third party
That security came at a cost though, possibly 5-10%on Income generated
Click to expand...

Ah I can understand that with ticket sales being a chunk that 10% is a fair bit.

Don't see the risk in it, yeah it might be a pain at the start of each month to post them out. People are getting individual tickets posted out anyway so a little bit more admin and stamps.
 

Nick

Administrator
  • May 3, 2015
  • #11
CCFC said:
If there is a non payment, you just don't send out the tickets for the month though?
Click to expand...

Exactly, you would do it a month in advance as security so if they dont pay they dont get the tickets.

If we use the cards, take a £5 admin fee in case the people pay for a month then dont bother again so that it covers the cost of a card. Then just cancel the card!
 

Ian1779

Well-Known Member
  • May 3, 2015
  • #12
westofrayne said:
Just don't understand why it takes so long to get consumer credit license, if they started the process in September when we can back to Ricoh, why is it not done yet.

I have 4 x Tickets that hinge on credit/monthly payment
Click to expand...

Apparently you have to have 1 full year of accounts showing trading. As they completed a full year in Feb... hence the current application.
 
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