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Discuss what's fucking going on, and which programs are best and worst. One-time "program" announcements from "established" webmasters are allowed. |
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#1 |
Registered User
Join Date: Nov 2002
Location: Secret underground bunker
Posts: 28
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Visa And No More Recurrings After April 2003???
Everyone that has a pay site should have a look at the new "verified by visa" bullshit.
According to several docs I have seen on the web from banks, "Merchants cannot authenticate recurring transactions (except perhaps on the first occurrence)" Apparently, for everyone taking visa transactions on the web it is going to be mandatory by April 2003. See this pdf for more info http://www.mcul.org/mcul/cu/cards/me...edbyvisaqa.pdf We're all fucked!!!!! What good is a sign-up if you can't recurr it. Looks like we're all going to be forced to do away with trials and go straight to a high priced monthly membership fee. This means much less sales. ![]() |
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#2 |
Too lazy to set a custom title
Join Date: Aug 2001
Location: The Netherlands
Posts: 13,723
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You are refring to this:
If a cardholder does not participate in Verified by Visa or if a cardholder does not register at the Visa web site, and a participating Verified by Visa merchant processes a transaction, does the issuer have chargeback rights (to charge the item back to the merchant)? Does the "0" liability rule still apply (where issuers cannot make cardholders liable for unauthorized transactions)? A. Until April 2003, the cardholder and issuer may charge this transaction back to the merchant. However, beginning April 2003, since the merchant attempted to authenticate the cardholder, the issuer has no chargeback rights, but the cardholder has $0 liability. This means that the issuer needs to give credit to the cardholder for the unauthorized use of the card, but can't charge it back to the merchant. The issuer is liable for the transaction amount. ? Andre
__________________
Questions? ICQ: 125184542 |
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#3 |
Confirmed User
Join Date: Jul 2001
Location: London - UK
Posts: 2,851
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People have been talking about Visa Verified for ages. In my opinion everyone will just drop the trials and your monthly take home will probably remain the same as more people buy the full membership.
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#4 |
we'll miss you our friend. RIP
Industry Role:
Join Date: Sep 2001
Location: Fernie, BC
Posts: 25,115
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hmm.
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we'll miss you our friend. RIP |
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#5 |
Registered User
Join Date: Nov 2002
Location: Secret underground bunker
Posts: 28
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Dear justsexxx,
See the last Q and A on the bottom of the PDF. It has it right there in black and white. |
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#6 |
So Fucking Banned
Join Date: Oct 2002
Location: Norway or UK or...damn, where am I
Posts: 356
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It's not that shitty!
Only people to lazy and those who forgot they have a membership with a certain site will fall out of the billing. This will affect us all. Website owners that has really bad stuff and can't charge for a trial that recurrs will get a shitload of charge backs. People paying 3 or 4 bucks doesn't care so much but when they have to pay 20-40 for shit they will. I guess both Ibill and CCbill will setup a mailing system that will e-mail all customers a few days before their membership ends and a simple link to them where they can rejoin. Guess it's time to offer one year memberships or lifetime... |
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#7 |
So Fucking Banned
Join Date: Oct 2002
Location: Norway or UK or...damn, where am I
Posts: 356
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By the way!
The last answer says those transactions will not be verified the same way but it will still be able to charge the cards |
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#8 | |
Too lazy to set a custom title
Industry Role:
Join Date: Jan 2001
Location: God's right hand
Posts: 19,789
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Quote:
The paysite operators are going to pay you 40.00 for a 29.99 signup that doesn't reccur? really? ![]()
__________________
I'm not a dinosaur, I'm a crocodile. I've seen dinosaurs come and go and I'm left unimpressed.
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#9 | |
Confirmed User
Join Date: Jul 2001
Location: London - UK
Posts: 2,851
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#10 | |
Confirmed User
Join Date: May 2002
Location: Land of the free, home of the brave
Posts: 1,462
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Quote:
Does this mean the only change will be less chargebacks? |
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#11 | |
Too lazy to set a custom title
Industry Role:
Join Date: Jan 2001
Location: God's right hand
Posts: 19,789
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Quote:
Also, don't think dialers will bail you out. US customers will NEVER use them like they would a credit card.
__________________
I'm not a dinosaur, I'm a crocodile. I've seen dinosaurs come and go and I'm left unimpressed.
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#12 | |
Confirmed User
Join Date: Jul 2001
Location: London - UK
Posts: 2,851
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#13 |
Too lazy to set a custom title
Industry Role:
Join Date: Sep 2002
Posts: 34,431
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this has been rumored for a looooooooooooong time.
if it happens, say goodbye to probably half the industry. we're talking $10 maybe $15 per signup payouts. nobody knows how surfers will react. how many of them will sign up again is anybody's guess. I think it will have to be a great site for most people to voluntarily sign up again. ALSSCANS has been operating this way since the beginning, non-recurring memberships. question is how many people in this industry making $25,000 a year would hang around if they were making $12,500?
__________________
I moved my sites to Vacares Hosting. I've saved money, my hair is thicker, lost some weight too! Thanks Sly!
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#14 | |
we'll miss you our friend. RIP
Industry Role:
Join Date: Sep 2001
Location: Fernie, BC
Posts: 25,115
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Quote:
__________________
we'll miss you our friend. RIP |
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#15 |
So Fucking Banned
Join Date: Sep 2001
Location: shell beach
Posts: 7,938
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... well, we gotta charge 5$ per minute than ...
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#16 | |
Too lazy to set a custom title
Industry Role:
Join Date: Jan 2001
Location: God's right hand
Posts: 19,789
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Quote:
interesting when called on the carpet about posting non-sense you back it up with "fuck off" YOU have no understanding of the topic of this thread. period. ![]()
__________________
I'm not a dinosaur, I'm a crocodile. I've seen dinosaurs come and go and I'm left unimpressed.
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#17 |
Too lazy to set a custom title
Industry Role:
Join Date: Sep 2002
Posts: 34,431
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[
We're all fucked!!!!! What good is a sign-up if you can't recurr it. Looks like we're all going to be forced to do away with trials and go straight to a high priced monthly membership fee. This means much less sales. ![]() this would be interesting. the strategy here would be 'would it be better to try to get a fairly big monthly membership fee of 34.95 knowing it is going to be VERY hard to get another billing out of them' OR charge a much lower fee like 9.95-14.95 a month hoping that people will be much more likely to voluntarily recur. maybe a mix of both, once they're a member, instant deep loyalty discount, like half or a third of the original price. or like quiet suggest, 3 month, 6 month and yearly memberships. has anybody taken the time to read that PDF file? is that what it basically says - no more recurring online billing?
__________________
I moved my sites to Vacares Hosting. I've saved money, my hair is thicker, lost some weight too! Thanks Sly!
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#18 |
Confirmed User
Join Date: Oct 2002
Location: NewYork
Posts: 456
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Anyone know if this is just the adultbiz ? Would be interesting to see how companys like AOL would start billing. Also if AOL can rebill why couldn't a suit be brought against Visa?
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#19 | |
Confirmed User
Join Date: Jul 2001
Location: London - UK
Posts: 2,851
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#20 |
Confirmed User
Join Date: Aug 2001
Location: New Orleans
Posts: 1,680
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Anyone trumpetting the "death of on-line porn", for any reason, have no idea how evolution works.
__________________
<CENTER><A HREF="http://www.hot-off-bourbon.com/" target="_blank"><IMG SRC="http://www.hot-off-bourbon.com/images/hob-logosmall.jpg" border="0"></A> <FONT face="Comic Sans MS" SIZE="-1"><I>Mardi Gras, Spring Break, Wet-T, Night Club Action, UpSkirt, Oil Wrestling, Voyeur</I></FONT></CENTER> |
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#21 | |||||
Too lazy to set a custom title
Industry Role:
Join Date: Jan 2001
Location: God's right hand
Posts: 19,789
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Quote:
how that has any bearing on your silly Visa statement, I have no idea. Quote:
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__________________
I'm not a dinosaur, I'm a crocodile. I've seen dinosaurs come and go and I'm left unimpressed.
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#22 | |
aspiring banker
Join Date: Mar 2002
Location: toronto
Posts: 10,870
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#23 |
Confirmed User
Join Date: Jul 2001
Location: London - UK
Posts: 2,851
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In my opinion, which obviously does not matter in your eyes, the moment the surfer realises they can join a site and not get fucked on rebill for ages all the better. The chargebacks will be lower as people will only get what they paid for. People will also join mulitple sites as they will be able to budget their money better and trust that they are not being ripped off.
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#24 | |
aspiring banker
Join Date: Mar 2002
Location: toronto
Posts: 10,870
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#25 |
Confirmed User
Join Date: Apr 2002
Location: Virgin - nee
Posts: 3,162
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#26 |
lol
Industry Role:
Join Date: Jan 2002
Posts: 15,969
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how many mainstream companies have recurring billing on crap? no doubt lots of them. Does this mean AOL is going to change too? Gimme a break.
And in my experience, if you offer a non recurring membership at 150% of what the recurring membership is, 50% of members choose non-recurring. I always stick to my theory about men and sex, and as most of you should know, men HATE commitment. I use the comparison of would you rather get a killer deal on an auto-rebilling membership to a strip club you go to every week or two, or would you just rather pay your cover at the door? guys just don't like commitment.... if people offered more non-recurring memberships (on a large scale) my instinct tells me it would bring in more $$$, if done right. |
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#27 | |
Registered User
Join Date: Sep 2002
Location: -
Posts: 500
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Quote:
There will ALWAYS be chargebacks as there will always be scammers. Credit cards are the easiest things to steal. Sammy |
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#28 | |
aspiring banker
Join Date: Mar 2002
Location: toronto
Posts: 10,870
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Quote:
put it on the net and people will do just what you said. there are options for credit card companies if they put their heads together. at the end of the day all this bullshit just hurts online sales. |
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#29 | |
Registered User
Industry Role:
Join Date: Jun 2002
Posts: 2,217
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#30 | |
Confirmed User
Join Date: Apr 2002
Location: Virgin - nee
Posts: 3,162
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Quote:
Anyone have anything more up to date, preferably from Visa itself rather than a credit union? Hell, I haven't even seen anything from Visa itself regarding the 3rd-party merchant fees. |
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#31 | |
So Fucking Banned
Join Date: Jul 2002
Posts: 1,197
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Quote:
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#32 |
Confirmed User
Join Date: Aug 2002
Location: Ask Stormy... :)
Posts: 182
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Is there any information from the top processors on this?
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<a href="http://www.stormyfriday.com" target="_blank"><img src="http://www.panchodog.com/graphics/stobutton.gif"></a> |
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#33 |
Confirmed User
Join Date: Feb 2001
Location: atlanta, GA
Posts: 6,432
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visa will only hurt themselves,,
you think porn memberships are the only reacurring product? shit the cc companies are the biggest scammers with their fucking insurance, buyers club, vacations or whatever programs they telemarket all the time |
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#34 |
Confirmed User
Join Date: Jul 2001
Location: A Free America
Posts: 2,210
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People who dont understand merchant accounts should not start threads talking about them.
Visa Verified means more security for everybody involved in the entire process and fewer chargebacks. It does not mean and end to chargebacks or recurring billing... or anything STUPID AND SILLY like that. Call your billco rep or merchant bank before you believe any of the crap written here. Even that PDF file says it correctly, just that nobody is READING it correctly.
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<a href="http://www.adultplatinum.com/"><img src="http://www.adult.com/wmbanners/10dcash-468x60.gif"></a> |
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#35 | |
Too lazy to set a custom title
Industry Role:
Join Date: Jan 2001
Location: God's right hand
Posts: 19,789
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Quote:
I disagree with your idea that its "all the better" or your other statement of "your monthly take home will probably remain the same as more people buy the full membership." the surfer may spend more, the paysites may make more but if recurring billing goes away, so too will the TGPers and other small timers.
__________________
I'm not a dinosaur, I'm a crocodile. I've seen dinosaurs come and go and I'm left unimpressed.
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#36 |
Confirmed User
Join Date: Oct 2002
Location: Under the Rainbow
Posts: 2,731
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I hate to upset the fear mongers but we have been doing non recurring memberships for 6 years; successfully.
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#37 | |
Confirmed User
Join Date: Jul 2001
Location: London - UK
Posts: 2,851
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#38 |
Confirmed User
Join Date: Jul 2001
Location: A Free America
Posts: 2,210
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HEY!!!!
*waving* Visa Verified does not stop rebilling! If you really believe that then you should just give up now.
__________________
<a href="http://www.adultplatinum.com/"><img src="http://www.adult.com/wmbanners/10dcash-468x60.gif"></a> |
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#39 | |
bitchslapping zebras!!!!!
Industry Role:
Join Date: Jun 2001
Location: In a shack by the beach
Posts: 16,015
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#40 | |
Too lazy to set a custom title
Industry Role:
Join Date: Jan 2001
Location: God's right hand
Posts: 19,789
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Quote:
__________________
I'm not a dinosaur, I'm a crocodile. I've seen dinosaurs come and go and I'm left unimpressed.
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#41 | |
Too lazy to set a custom title
Industry Role:
Join Date: Jan 2001
Location: God's right hand
Posts: 19,789
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Quote:
Visa Verified *enables* rebilling. Just wait and see the surfers lining up to get their card enabled to be dinged every month. They'll be beating them off with a stick? ![]()
__________________
I'm not a dinosaur, I'm a crocodile. I've seen dinosaurs come and go and I'm left unimpressed.
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#42 | |
Confirmed User
Join Date: Oct 2002
Location: Under the Rainbow
Posts: 2,731
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Quote:
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#43 | |
Too lazy to set a custom title
Industry Role:
Join Date: Jan 2001
Location: God's right hand
Posts: 19,789
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Quote:
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__________________
I'm not a dinosaur, I'm a crocodile. I've seen dinosaurs come and go and I'm left unimpressed.
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#44 |
Confirmed User
Industry Role:
Join Date: Apr 2001
Posts: 1,738
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The sky is falling, the sky is falling, the sky is falling, the sky is falling
![]() You guys crack me up. Please, by all means email me with your URL's and I will keep buying up anyone that want's to get out while the getting is good. [email protected] Tim ![]() |
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#45 |
Fuck Checks, CASH only!
Join Date: May 2002
Location: New York City
Posts: 19,422
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guess its over, I just sold everything for $1.75 (12 Installments)
__________________
![]() Spanking, Medical Fetish, Sleeping, Strap-on Anal Lesbians, Girls Fucking Guys, Handjob site REAL HOT, Shemales, Anal and Ass Licking sites 100% Real EXCLUSIVE with amazing retention, ccbill payouts, lots of content FREE FTP HOSTING Promote the largest and oldest member paid escort site, Converts 10 times better then any dating site, CCBill payouts ICQ# 158802076 |
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#46 | |
Too lazy to set a custom title
Industry Role:
Join Date: Jan 2001
Location: God's right hand
Posts: 19,789
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Quote:
__________________
I'm not a dinosaur, I'm a crocodile. I've seen dinosaurs come and go and I'm left unimpressed.
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#47 | |
Confirmed User
Join Date: Feb 2002
Location: Free Speech Land
Posts: 9,484
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Quote:
Lambs to the slaughter. ![]() |
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#48 |
Confirmed User
Join Date: Nov 2001
Location: Southern California
Posts: 328
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One thing is for sure ...
Visa is spending a fortune advertising Visa Verified with those Emmit Smith commercials .... So it probably merits serious attention ... Afterall ... they only gave webmasters about a month's notice on the fees ... They could do the same with this as well ...
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erotictrance |
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#49 |
Registered User
Join Date: Jul 2002
Location: Brisbane, Australia & LasVegas, Nevada & Manila, Philippines
Posts: 62
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Hey Kimmy
Ssssssssssshhhhhhhhhhhhhhhhhh! Hooper Sssssssssssshhhhhhhhhhhhhhhhh! If the boys and gals on the boards keep scaring the crap out of everyone else, then my efforts in getting ahead of the pack are all but done ;-) ********** But seriously gang, Visa verified wont work with rebills. But rebills will still work, just without the chargeback protection offered by the Visa verified system. For me, I am going to offer two types of memberships. 1) A recurring membership without Visa Verified 2) A once only fee WITH Visa Verified. And cause my exposure to chargeback is dramatically reduced with Visa Verified, I am going to make a sweeeeeeeeeet deal for those customers - Muahahahahaha ********** Hey Kimmy, dont forget its my fist shout for that Cafe' Martini at Alladins And Hooper, see you at that club again ![]() Only 40 more sleeps till Evil Dan hits Vegas again - Wahoooooooooo
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#50 |
So Fucking Banned
Join Date: Jan 2001
Location: http://www.thefly.net/ --- Quit your job and live off steady traffic.
Posts: 11,856
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i'm suprised Krome hasn't threatened to kill 12clicks already...
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