GoFuckYourself.com - Adult Webmaster Forum - View Single Post

NETbilling · 02-02-2002, 01:21 AM

Clay and KimmyKim,

It is never my intention to get into a pissing match with any of you guys. The last time I did that, it was with that guy from OBS (online billing solutions), it lasted for weeks and then 30 days later they went out of business. I respect both of your business models and you as individuals. Third party is great for some, and gateways for others. I must clarify to you that we are absolutely not a broker for merchant accounts. We do work with several offshore and domestic banks to setup the merchants, as you do. The services we provide are identical to what you do except that each of our merchants have their own merchant account. This does take the ultimate risk off of us and on to the merchant to stay under the "radar". We still handle all fraud scrubbing and customer service just as you do. However, If a merchant ever has a problem, it does not effect our viability or any of our other merchants. It is a nice peace of mind for most.

However, I'm not sure where "willow" is getting his information. As Florida kid stated, it is relatively easy to get a high risk account if you have good credit. We help setup dozens of high risk each week. It is actually $600 total, unless it is through Humboldt which charges $250 more. As will all processors (3rd party and not), there is typically a 5 or 10% rolling reserve.
With our system, merchants have acccess to all data including their risk management settting and we (and they) can determine the best scrubbing threshholds for maximum conversion while minimizing fraud. We have less than a 2% loss of merchant each year due to a merchant having excessive chargebacks and have only one time lost a merchant back to third party that came to us from there.... We really keep webmasters happy. Do you ever see posts about, "Netbilling down again", "Did not get my Netbilling deposit today", My transactions are being scrubbed to death by Netbilling and conversions have dropeed to nothing"? I don't think so. Ask some o the merchant that uised to be 3rd party but are Netbilling merchants such as Cyberage, Whitehouse, Wasteland, Tennisex, Fetishcash etc... the list goes on and on. Those merchants know the best since they have been on both sides of the fence. The perception has been for some time now that if you have a merchant account, you must do everything yourself. This is completely false. Merchants are much smarter these days and the ones that stick around take their sites and their $$$ seriously.

Willow, you said above that you would take 2? If you've got good credit, I will take you up on your proposition. Looking forward to your call on Monday to get started. You will love it on this side of the fence, once you get the fact completely straight.... I promise. Want to take all of your data to your new processor? Sorry, you can't, it is not yours as it belongs to the owner of the merchant account. :-) We can easily do a merge for you though.

Have a great weekend everyone... I hope Ibill pulls through.

Mitch

02-02-2002, 01:21 AM
NETbilling Confirmed User Industry Role: Join Date: Jan 2002 Location: Huntington Beach, CA Posts: 8,598	Clay and KimmyKim, It is never my intention to get into a pissing match with any of you guys. The last time I did that, it was with that guy from OBS (online billing solutions), it lasted for weeks and then 30 days later they went out of business. I respect both of your business models and you as individuals. Third party is great for some, and gateways for others. I must clarify to you that we are absolutely not a broker for merchant accounts. We do work with several offshore and domestic banks to setup the merchants, as you do. The services we provide are identical to what you do except that each of our merchants have their own merchant account. This does take the ultimate risk off of us and on to the merchant to stay under the "radar". We still handle all fraud scrubbing and customer service just as you do. However, If a merchant ever has a problem, it does not effect our viability or any of our other merchants. It is a nice peace of mind for most. However, I'm not sure where "willow" is getting his information. As Florida kid stated, it is relatively easy to get a high risk account if you have good credit. We help setup dozens of high risk each week. It is actually $600 total, unless it is through Humboldt which charges $250 more. As will all processors (3rd party and not), there is typically a 5 or 10% rolling reserve. With our system, merchants have acccess to all data including their risk management settting and we (and they) can determine the best scrubbing threshholds for maximum conversion while minimizing fraud. We have less than a 2% loss of merchant each year due to a merchant having excessive chargebacks and have only one time lost a merchant back to third party that came to us from there.... We really keep webmasters happy. Do you ever see posts about, "Netbilling down again", "Did not get my Netbilling deposit today", My transactions are being scrubbed to death by Netbilling and conversions have dropeed to nothing"? I don't think so. Ask some o the merchant that uised to be 3rd party but are Netbilling merchants such as Cyberage, Whitehouse, Wasteland, Tennisex, Fetishcash etc... the list goes on and on. Those merchants know the best since they have been on both sides of the fence. The perception has been for some time now that if you have a merchant account, you must do everything yourself. This is completely false. Merchants are much smarter these days and the ones that stick around take their sites and their $$$ seriously. Willow, you said above that you would take 2? If you've got good credit, I will take you up on your proposition. Looking forward to your call on Monday to get started. You will love it on this side of the fence, once you get the fact completely straight.... I promise. Want to take all of your data to your new processor? Sorry, you can't, it is not yours as it belongs to the owner of the merchant account. :-) We can easily do a merge for you though. Have a great weekend everyone... I hope Ibill pulls through. 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!