CANCEL ALL REBILLS, terminate IPSP accounts & shut down remaining sites?

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  • goBigtime
    Confirmed User
    • Nov 2002
    • 7761

    #1

    CANCEL ALL REBILLS, terminate IPSP accounts & shut down remaining sites?

    Is this possible?

    I don't really have anything going on anymore with member sites anyway...

    I would rather preserve my status and good standing with visa/mc in order to be able to process with them in the future if I chose to do so.

    I have a feeling that things are just going to get much worse, or a little better (after some big lawsuits) and I'd just assume sit on the sidelines for a couple years and see what happens.


    Also, I'm real curious if getting put in the "high risk" terminated merchant file is the same as the mainstream or "normal" terminated merchant file.

    ie.. if you get put in the high risk TMF, will you be denied mainstream merchant accounts in the future because of it? Wouldn't that suck.
  • kmanrox
    aka K-Man
    • Oct 2001
    • 29295

    #2
    theres this new ability called the ability to own more than one entity.... fresh off the lawmakers hand
    Crypto HODLr
    Crypto mining
    Angel investor

    Comment

    • Trax
      [----------------------]
      • Aug 2001
      • 14486

      #3
      i think you can surely cancel all rebills
      why shouldnt you??

      Comment

      • brand0n
        been very busy
        • Nov 2002
        • 26983

        #4
        yea its possible, but if they are rebilling now and are happy, why cancel em? odds are they wont c/b so i wouldnt sweat it
        want to buy this spot for cheap? it is of course for sale. long term deals are always the best bet. brand0n/ at/ a o l dot commies.

        Comment

        • Niki
          Confirmed User
          • Jan 2001
          • 1476

          #5
          Ivo

          Comment

          • goBigtime
            Confirmed User
            • Nov 2002
            • 7761

            #6
            Without getting too deep into it....

            the very little amount of income that they still generate under my old sole proprietership is hurting me more than helping me.

            couple that with the new visa/mc regulations, the risk and exposure just doesn't seem worth it at all right now.

            It would be a different story if I was actively promoting new paysites.

            Comment

            • Darren
              Confirmed User
              • Sep 2001
              • 5994

              #7
              what are sites? why not sell them? icq 46335817


              Penis enlargement / male enhancement pills - earn up to $229.48 per signup

              ICQ: 46335817

              Comment

              • rowan
                Too lazy to set a custom title
                • Mar 2002
                • 17393

                #8
                Cancel the rebills and extend everyone's membership by a month or two, if you have the time. Explain to them in an email and also on the site why you are closing. Make sure you stress that they will not be charged any more, and you are giving them the extra access for free. That should ensure that they are happy and are less likely to chargeback just to spite you.

                I doubt you could cancel your IPSP account immediately, since you would have reserves withheld/released for the next 6 months (possibly longer if you cease new signups completely)

                Comment

                • BVF
                  Black Vagina Finder
                  • Jan 2002
                  • 13975

                  #9
                  Originally posted by Darren
                  what are sites? why not sell them? icq 46335817
                  If he's scared the 1% rule will fuck him over, why buy it? It must be crap...I'm not even trying and I'monly at .3% . The 1% issue isn't even a real issue to the people who handle their business...

                  Black Pussy
                  Click On Mr Cosby..CCbill, 60/40, 136 FHG's....The Cos Loves Black Ghetto Pussy!!

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