Moving REBILLS from one IPSP to another...
Say I process with Kbill & I want to move to PBill....
My members currently see:
Kbill*GoBigtime on their statements.
Now, since GoBigtime & my sites are registered with Visa... and Kbill these days is basically doing just doign sub-gateway processing with reporting for me...
then if I, the customer/client/whatever feels that Kbill isn't doing their job or for whatever reason, shouldn't I have the right to transfer my processing (rebills) to another Visa-approved IPSP?
I'm sure there are alot of reasons why this wouldn't work...
But damnit it should.
The reason I was thinking about this is because in the event that Kbill goes belly up - they legally take my business that they have of mine with them.
-- This could be MILLIONS of dollars a year. TOTALLY UNACCEPTABLE.
When we are paying $750 + $350/yr PER IPSP (or whatever it is to visa) plus we're still paying the 10%-15% premium '3rd party' processing rates for what now basically has the same value of gateway processing (which is usually 5% total)...
It just shouldn't be this way. If Visa/MC want to appoint approved IPSP's, they should allow transferring between them.
In this example, the company name "GoBIgtime" would always be the same.
ie..
Kbill*GoBigtime would become
Pbill*GoBigtime
I don't think customers would be too confused with the charge
if they knew what site "GoBigtime" was from in the first place.
And for the rates that we pay IPSP's they should be able to address the handful of customers that call in wondering why the processor portion on their statement went from Kbill to Pbill
It would all be relative to the amount of business they get to process for us anyway.
It's been more than 6 months since the IPSPs have been implimented no? So their chargeback risk is now over.. no?
Now the chargeback/refund responsibility is all on us individually... soooo we should be able to move our business to the IPSP that we think will handle our business most responsibly.
I wonder if this is something that a billion webmasters bound together could fight visa for. Not that anyone ever would.
Ok enough of my venting & ramblings. I'm going back to work.
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