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Groove

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#201

05-24-2003, 08:07 AM

Originally posted by Kimmykim
You want to be smart? Get with a compliant processor. That is the ONLY thing that is wise at the moment.

KK, do you have any idea how webmasters from Australia, New Zealand, Canada, Japan, South Africa, Hungary, Mexico, Thailand, etc (ie countries without local registered IPSPs) are going to find a "compliant" processor? From your description, it sounds like it will soon be impossible to run an adult paysite unless you:

a) are a resident of the US or EU
b) own a company in the US or EU
c) have your own merchant account.

Is there an option d?
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NETbilling

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#202

05-24-2003, 08:31 AM

Originally posted by Master_Yoba

Mitch, are you talking about merchant account?

Hi,

You will need a merchant account which we can help you establish as well.

Mitch

Mitch Farber
CEO - NETbilling, Inc.
Email / Phone: 888-357-8166 / 661-252-2456
Transaction processing & 24/7 call center services with exceptional rates and flexibility, since 1998!
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manilaheat

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#203

05-24-2003, 10:01 AM

I am having flashbacks of DMR Web 800 days.

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rodme_him

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#204

05-24-2003, 10:59 AM

Originally posted by netbilling

Hi,

You will need a merchant account which we can help you establish as well.

Mitch

Watch this, I approached them about a Merchant Account for my business here in Canada, and was told because I didn't have the processing volume they were looking for they couldn't help me at this time.

This is what I got told:

Thank you for your interest in Netbilling.
Unfortunately at this time we do not have a merchant account solution for some companies requesting offshore accounts.

However if you can obtain a merchant account on one of the following platforms/processors FDR type 0, FDR type 7, Visanet, Vital, Nova, ECBP, Wirecard, & Surefire and Maverick AKA Card Systems we would be glad to process for you.

<center>
<b>A good webmaster is a happy webmaster</b>
</center>
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Kimmykim

bitchslapping zebras!!!!!

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Posts: 16015
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#205

05-24-2003, 11:59 AM

Originally posted by Groove

KK, do you have any idea how webmasters from Australia, New Zealand, Canada, Japan, South Africa, Hungary, Mexico, Thailand, etc (ie countries without local registered IPSPs) are going to find a "compliant" processor? From your description, it sounds like it will soon be impossible to run an adult paysite unless you:

a) are a resident of the US or EU
b) own a company in the US or EU
c) have your own merchant account.

Is there an option d?

Not yet. I know it sucks.
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rodme_him

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#206

05-24-2003, 12:34 PM

Originally posted by Kimmykim

Not yet. I know it sucks.

Nothing against you KimmyKim, but nobody stops and thinks about those of us not in the US, contrary to popluar belief, the US is not the whole world

<center>
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Kimmykim

bitchslapping zebras!!!!!

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#207

05-24-2003, 12:51 PM

Originally posted by rodme_him

Nothing against you KimmyKim, but nobody stops and thinks about those of us not in the US, contrary to popluar belief, the US is not the whole world

What you're failing to realize is that this has nothing to do with processing companies and everything to do with Visa/MC rules.

Back in the day when there were banks all over the Caribbean acquiring for people, they were getting whacked right and left because they couldn't handle the volume or the issues that came with it.

The bottom line is that there are not many banks left that both meet the requirements for 5967 processing AND want to run the transactions.

The cross border acquisition rules are designed to protect the banks, its not really any more than that. All the banks are grouped into regions and they are responsible for each other as well as their own business, when things go wrong.

If you were a bank that didn't accept high risk processing AND you got stuck with a tab to bailout some little bank in your region that got burned on high risk and went under, you wouldn't be too happy now would you?
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DemonWolfe

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#208

05-25-2003, 01:04 AM

Originally posted by netbilling

Hi,

You will need a merchant account which we can help you establish as well.

Mitch

Mitch,

What kind of rates/fees should one expect when acquiring their own merchant account? (just a ballpark figure)

Just Curious what the range would be.

Thanks,

John

Sorry, no signature today. Please come back tomorrow.
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m0rph3us

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Posts: 2033
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#209

05-25-2003, 01:54 AM

Originally posted by rodme_him

Watch this, I approached them about a Merchant Account for my business here in Canada, and was told because I didn't have the processing volume they were looking for they couldn't help me at this time.

This is what I got told:

Thank you for your interest in Netbilling.
Unfortunately at this time we do not have a merchant account solution for some companies requesting offshore accounts.

However if you can obtain a merchant account on one of the following platforms/processors FDR type 0, FDR type 7, Visanet, Vital, Nova, ECBP, Wirecard, & Surefire and Maverick AKA Card Systems we would be glad to process for you.

yes offshore merchant accounts require 100k+ monthly usually (50k min)

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NETbilling

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#210

05-25-2003, 11:55 PM

Originally posted by m0rph3us

yes offshore merchant accounts require 100k+ monthly usually (50k min)

Rodeme_him,

You did receive the proper response from our sales department. Unfortunately at this time, offshore banks and aquirers do not want to take any high risk (adult) merchants processing under 50k per month. Morpheus is correct. However, we are working with some new sources now and should be able to lower that requirement soon so keep checking back. If you are non-adult offshore, the lower limit is only 10k per month.

------------

DemonWolfe,

The setup cost depends on your location and need. Typically 2k for the offshore EU corp and signer. If you already have an EU corp, the cost is about $500 total with one bank we work with and $0 with another.
If you are setting up in the U.S., there you must pay the Visa/Mastercard registration fees, so the setup cost is aboput $1900 total including the app fee.

It is a small inmvestment considering the $$$ you will save in procerssing fees.
We also process online checks for only 3.25% and 40¢ per transaction and there is no merchant account necessary for that.

Please contact myself or our sales department if you are interested.

Thank you, Mitch Farber

Mitch Farber
CEO - NETbilling, Inc.
Email / Phone: 888-357-8166 / 661-252-2456
Transaction processing & 24/7 call center services with exceptional rates and flexibility, since 1998!
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MetaMan

I AM WEB 2.0

Join Date: Jan 2003

Posts: 28682
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#211

05-26-2003, 12:08 AM

the credit card companies plan to push everyone out of the adult industry for years saying they r cracking down on high risk adult merchants etc.

then in years to come they will invest mass sums of money taking over all basis of porno.
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jeroman

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Join Date: Oct 2002

Posts: 356
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#212

05-26-2003, 03:09 AM

I got a 9.5% fee deal with websitebilling a year ago.
Because of a small issue with their affiliate programs
possibilities to work with our own we never used them !

Phuu....

CCbill / Ibill / Own merchant account / US based backup company
Verotel and some other processors setup and waiting.
All this was done during the last ISPS circus regarding
foreign webmasters and VISA issue.

I recomend all paysite webmasters to invest both time and money
to have a few backup plans ready to go live. And it's important to have your own affiliate program script so you can switch processors and have your own stats so that your affiliates will not get hurt by this. Afterall it's your program, if a processor gets down it's your problem - not your affiliates - atleast that is the way it should be !!

Jerry R
www.LegCash.com
J.R Media
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Mortimer

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Join Date: Oct 2002

Posts: 153
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#213

05-26-2003, 06:54 AM

Originally posted by Kimmykim

What you're failing to realize is that this has nothing to do with processing companies and everything to do with Visa/MC rules.

Back in the day when there were banks all over the Caribbean acquiring for people, they were getting whacked right and left because they couldn't handle the volume or the issues that came with it.

The bottom line is that there are not many banks left that both meet the requirements for 5967 processing AND want to run the transactions.

The cross border acquisition rules are designed to protect the banks, its not really any more than that. All the banks are grouped into regions and they are responsible for each other as well as their own business, when things go wrong.

If you were a bank that didn't accept high risk processing AND you got stuck with a tab to bailout some little bank in your region that got burned on high risk and went under, you wouldn't be too happy now would you?

I still can't understand why USA and Canada are two separate regions. After 15 years of free trade and over 300 years of cooperation between the two countries, you,d think they would simply make it one region... That really sucks for anyone in Canada, especially if Visa adds more requirement as time goes by, such as having a principal officer being a US resident, having employees and an office there that they can verify, etc. I'd gladly move to the US if that was the case, but it's not like it would be easy to get a US citizenship with all that's been going on since 9/11.

Do you think Canadians with a US company will be safe for a good period of time, or do you think they'll start coming down on us next?

The wiseman owns little but knows much, while the fool knows little but owns much
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gruffy

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Join Date: Feb 2003

Posts: 776
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#214

05-26-2003, 09:32 AM

Originally posted by Mortimer

I still can't understand why USA and Canada are two separate regions. After 15 years of free trade and over 300 years of cooperation between the two countries, you,d think they would simply make it one region... That really sucks for anyone in Canada, especially if Visa adds more requirement as time goes by, such as having a principal officer being a US resident

Why should Visa USA dictate anything for Canada? Are you out of your fucking mind?

If you don't like it write to uncle Jean and ask for a comitee on why the Canadian banking cartel won't have anything to do with high risk adult or IPSPs.
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NETbilling

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Posts: 8598
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#215

05-26-2003, 10:21 AM

Originally posted by jeroman
I got a 9.5% fee deal with websitebilling a year ago.
Because of a small issue with their affiliate programs
possibilities to work with our own we never used them !

Phuu....

CCbill / Ibill / Own merchant account / US based backup company
Verotel and some other processors setup and waiting.
All this was done during the last ISPS circus regarding
foreign webmasters and VISA issue.

I recomend all paysite webmasters to invest both time and money
to have a few backup plans ready to go live. And it's important to have your own affiliate program script so you can switch processors and have your own stats so that your affiliates will not get hurt by this. Afterall it's your program, if a processor gets down it's your problem - not your affiliates - atleast that is the way it should be !!

Jerry R
www.LegCash.com
J.R Media

Very good advise. We just got a merchant account setup for you last week, correct? Have you started processing with us yet?

Mitch

Mitch Farber
CEO - NETbilling, Inc.
Email / Phone: 888-357-8166 / 661-252-2456
Transaction processing & 24/7 call center services with exceptional rates and flexibility, since 1998!
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Kimmykim

bitchslapping zebras!!!!!

Join Date: Jun 2001

Posts: 16015
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#216

05-26-2003, 10:36 AM

Originally posted by gruffy
Why should Visa USA dictate anything for Canada? Are you out of your fucking mind?

If you don't like it write to uncle Jean and ask for a comitee on why the Canadian banking cartel won't have anything to do with high risk adult or IPSPs.

Visa USA isn't dictating anything to Canada. Visa US is making it's policies clear for the US banks that authorize and settle transactions under the auspices of the region. Same thing with Visa Int'l.

I don't think Visa Canada cares one way or another, the banks in Canada simply don't wabt to do high risk. I don't particularly see any way to force them to do so either...
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FreeOnes

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#217

07-22-2003, 11:58 AM

fuck I have just discovered that my money is blown away

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xxxjay

Tube groupie.

Join Date: Aug 2002

Posts: 13482
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#218

07-22-2003, 01:32 PM

I got a huge check from triple x cash - they covered their ass - awesome move!

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chupacabra

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Posts: 3626
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#219

07-22-2003, 02:03 PM

fuck I have just discovered that my money is blown away

been offline for almost two months, or did you get some definitive word from WSB recently..?

...promise her a defamation, tell her where the rain will fall..
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inthestars

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Join Date: Sep 2002

Posts: 2021
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#220

07-22-2003, 03:11 PM

Originally posted by KRL
Put your lifevests on now guys. Seriously, I heard some more shit through the grapevine today about a processor that did not sound good at all.

Bumpy turbulent air ahead. Buckle up and get as many backup systems as possible in place and ready to go at a moment's notice.

The sky is getting darker not brighter.

Who did you hear about? Was it Ibill?
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FreeOnes

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#221

07-22-2003, 03:35 PM

Originally posted by chupacabra

been offline for almost two months, or did you get some definitive word from WSB recently..?

I had only 1 sponsor who was using them. I read this story before, but wasn't aware that I was involved

The new FreeOnes! - AdultFilmStarContent - BabeGalleries and much more! - 1Strike Movies and much more! All powered by Xpressa
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