GoFuckYourself.com - Adult Webmaster Forum - View Single Post - Web Transaction Services (WTS) whats the deal?

Gerco · 04-03-2012, 10:51 AM

Nope they just to pulled the account...

Email from them

"Hi Cory,

Due to the low volume and subsequent return risk Gerco, Inc. poses, WTS terminated the agreement and will hold the balance of the account as a reserve for a minimum of 180 days from termination or from the last return received on behalf of Gerco, Inc.

Thank you,
Christie"

In 8 years I've not had a single return, and the "low volume" is due to the fact that wts is not even currently setup on my site to receive new transactions, which I had specifically ask them to reset it up in prior emails with them. SO in 180 days I'll supposedly get a wire from them to finalize the account, kind of like ibill stock options I'm thinking...

And no mention as to them terminating the actual current transactions they process... I guess they will continue to just keep billing them and keeping the cash.

Also, as far as risk... My current ccbill chargeback ratio is 1.3% for the year.

04-03-2012, 10:51 AM
Gerco Confirmed User Join Date: Nov 2005 Posts: 2,052	Nope they just to pulled the account... Email from them "Hi Cory, Due to the low volume and subsequent return risk Gerco, Inc. poses, WTS terminated the agreement and will hold the balance of the account as a reserve for a minimum of 180 days from termination or from the last return received on behalf of Gerco, Inc. Thank you, Christie" In 8 years I've not had a single return, and the "low volume" is due to the fact that wts is not even currently setup on my site to receive new transactions, which I had specifically ask them to reset it up in prior emails with them. SO in 180 days I'll supposedly get a wire from them to finalize the account, kind of like ibill stock options I'm thinking... And no mention as to them terminating the actual current transactions they process... I guess they will continue to just keep billing them and keeping the cash. Also, as far as risk... My current ccbill chargeback ratio is 1.3% for the year. __________________ Http://www.extremehole.com ** CLOSED ** 400 HOURS of exclusive custom extreme content, already on external HD in Raw DV ready to encode. over 150,000 exclusive images and more. Last edited by Gerco; 04-03-2012 at 10:56 AM..