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Old 09-08-2003, 01:17 PM   #1
Resolute
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GLOBOSALES FAILS. Another processor out of business

For everyones information -

Please note this WILL NOT effect BOYBUCK$ processing !!
BOYBUCK$ processers through IBILL and CC BILL

They appear to of done a deal for Verotel to take over their processing -

To all our clients, friends, enemies and Webmasters

What happend to others in this industry in the past happend to us today. What we think is an unfortunate example from Visa, we have been advised that our bank was instructed today to terminate our processing in order to avoid threatened fees in the hundreds of thousands of dollars.

Starting as of 1700 hours today GMT time, we can not accept any more transactions for your website but the user management will be alive until the expiration of the last user subscription.

As over 6000 Webmaster will be affected by this

----------------------------------------------------
Following messages from VEROTEL -

Dear ,

You have heard recently from your current billing provider, GloboSale in Switzerland, that they have ceased their operations
starting today, September 8th.

Globosale provided us with your contact details and this is NOT an unsolicited request.

Our company, Verotel Merchant Services BV, in Amsterdam, the Netherlands, is doing adult entertainment transactions for almost
six years. With a volume of almost 100 million US Dollars per year, we are one of the biggest players in the market today.

We have very tight and close relationships with nine different acquiring banks, located in Europe, Asia and the United States.

We know and understand VISA and MasterCard concerns about this business and we are working closely with them to find solutions for the problems they are facing. That's why we know
we are here to stay.

We like to offer you a seamless transfer from your GloboSale account to a new Verotel account, where:

* we offer a 13.5% standard rate for all new transactions

* we give a 1% discount until October 31st if you start processing with us within the next week

* unfortunately we are unable to take over any recurring transactions from GloboSale,since these transactions have not been pre-approved or verified by Verotels anti fraud systems.

Start processing today with Verotel. Just signup at

http://www.verotel.com/globosale

And our dedicated merchant support team will take care of the rest at no charge.Our merchant support team can be reached
by email at [email protected]
or by one of the following phone numbers:

>From the United States: 1-877-647-1300
>From Europe: 00-800-44229999
>From the rest of the world: +31 20 3208833

We hope to welcome you soon,
Kindest regards,


Verotel Management
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Last edited by Resolute; 09-08-2003 at 01:21 PM..
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Old 09-08-2003, 01:18 PM   #2
Fletch XXX
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How long were they processing? (asked this somewhere else but cant find the hread amongst the many hahaha)
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Old 09-08-2003, 01:19 PM   #3
detoxed
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This is the first thread I've seen about this
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Old 09-08-2003, 01:22 PM   #4
directfiesta
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Pissed, but not surprised...

Within 18 months, nobody will process adult transactions ( in fact, after Nov.2004 ).

Your merchant account or nothing...

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Old 09-08-2003, 01:22 PM   #5
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Another reason why I only work per signup...
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Old 09-08-2003, 01:23 PM   #6
Resolute
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Quote:
Originally posted by detoxed
This is the first thread I've seen about this
Yerr this is hot off the press !!

BOYBUCK$ always First with the Latest !!
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Old 09-08-2003, 01:31 PM   #7
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Quote:
Originally posted by Resolute


Yerr this is hot off the press !!

BOYBUCK$ always First with the Latest !!
He was being sarcastic dude lol. There's like 10 other threads all morning.
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Old 09-08-2003, 01:34 PM   #8
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Quote:
Originally posted by BigFish


He was being sarcastic dude lol. There's like 10 other threads all morning.
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Old 09-08-2003, 01:47 PM   #9
Resolute
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Quote:
Originally posted by BigFish


He was being sarcastic dude lol. There's like 10 other threads all morning.
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