Update On The New Adult Processing Deal I Posted

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  • KRL
    Entrepreneur
    • Oct 2002
    • 31429

    #1

    Update On The New Adult Processing Deal I Posted

    Here's the update from my prior post on a new bank / processor for adult merchant accounts.

    This initial bank they were going to setup with was not willing to handle the volumes to a level that would be needed to make it work realistically for the amount of webmasters that contacted me since some were very large players in the biz.

    They've now setup a deal with a bank in South America and are doing the contracts. Everything is expected to be ready in about 2 weeks.

    I'll post again when I get the final details and everything is signed.

    As you know, a lot of these bankers just don't understand how much volume adult accounts can generate. So its extremely difficult to setup deals. This other bank is looking ok so far.

    Keep your fingers crossed. I'll e-mail back everyone when its a done deal.

    If you would like to develop your domains, you can lease inexpensive foreign labor
    from the leaders in the field at iWebmasters.com TO LOWER YOUR COSTS AND INCREASE YOUR PRODUCTION!

    *** *** *** *** *** *** *** *** *** *** *** ***
    Domains Adult News KRL's Newsletter Biz Tips Just Listed Domains
  • the Shemp
    congrats to the winners
    • Nov 2001
    • 10891

    #2
    thanks for the update
    i use Vacares...so should you
    Submit your picture galleries to my site...Outlaw TGP

    Comment

    • BRISK
      Too lazy to set a custom title
      • Feb 2003
      • 12240

      #3
      Are they saying adult doesn't have enough volume?
      I post on GFY so that when people ask me what I do,
      I can tell them that I work with the mentally retarded.

      Comment

      • WiredGuy
        Pounding Googlebot
        • Aug 2002
        • 34517

        #4
        Thanks for the update and keep us posted
        WG
        I play with Google.

        Comment

        • pornstar2pac
          Omaha Hi/Lo
          • Nov 2003
          • 17380

          #5
          KRL hook me up, I got great plans for the gays.com
          Trump haters gonna hate. that's all they can do

          Comment

          • modifried
            Registered User
            • Feb 2004
            • 38

            #6
            I remember you making a thread about a week ago about PHP/MySQL programmers. Are you still looking?
            Coder.

            ICQ - 39959568
            Email - [email protected]

            Comment

            • KRL
              Entrepreneur
              • Oct 2002
              • 31429

              #7
              Originally posted by BRISK
              Are they saying adult doesn't have enough volume?
              This first bank was a smaller privately held type owned by a guy with about $300 Mils according to the guy I'm trying to set this up with. The enormous volume levels spooked them I guess.
              If you would like to develop your domains, you can lease inexpensive foreign labor
              from the leaders in the field at iWebmasters.com TO LOWER YOUR COSTS AND INCREASE YOUR PRODUCTION!

              *** *** *** *** *** *** *** *** *** *** *** ***
              Domains Adult News KRL's Newsletter Biz Tips Just Listed Domains

              Comment

              • KRL
                Entrepreneur
                • Oct 2002
                • 31429

                #8
                Originally posted by modifried
                I remember you making a thread about a week ago about PHP/MySQL programmers. Are you still looking?
                Haven't picked one yet. Just added another server guy.

                [email protected]
                If you would like to develop your domains, you can lease inexpensive foreign labor
                from the leaders in the field at iWebmasters.com TO LOWER YOUR COSTS AND INCREASE YOUR PRODUCTION!

                *** *** *** *** *** *** *** *** *** *** *** ***
                Domains Adult News KRL's Newsletter Biz Tips Just Listed Domains

                Comment

                • modifried
                  Registered User
                  • Feb 2004
                  • 38

                  #9
                  Originally posted by KRL


                  Haven't picked one yet. Just added another server guy.

                  [email protected]
                  Okay, will send off a resume later today.
                  Coder.

                  ICQ - 39959568
                  Email - [email protected]

                  Comment

                  • BRISK
                    Too lazy to set a custom title
                    • Feb 2003
                    • 12240

                    #10
                    Originally posted by KRL


                    This first bank was a smaller privately held type owned by a guy with about $300 Mils according to the guy I'm trying to set this up with. The enormous volume levels spooked them I guess.
                    Oh ok, I was thought you meant they said that adult didn't have enough volume for them to bother. That made me wonder.

                    I post on GFY so that when people ask me what I do,
                    I can tell them that I work with the mentally retarded.

                    Comment

                    • Brujah
                      Beer Money Baron
                      • Jan 2001
                      • 22157

                      #11
                      I thought this was going to be with a large stable reputable bank ?

                      Comment

                      • McVisa
                        Registered User
                        • Feb 2003
                        • 38

                        #12
                        it is - "Pablo Esobar's First National Bank of Coke"
                        Doubt VISA would have the balls to call them about high chargeback %

                        Comment

                        • IPK
                          Confirmed User
                          • Sep 2003
                          • 4209

                          #13
                          Originally posted by Brujah
                          I thought this was going to be with a large stable reputable bank ?
                          yeah me too
                          DomainerResource.com
                          strategies for monetizing and investing in domain names...

                          Comment

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

                            #14
                            worth a bump for sure

                            Comment

                            • Krille
                              Confirmed User
                              • Mar 2002
                              • 2436

                              #15
                              is this new bank columbian?

                              Comment

                              • Broda
                                Confirmed User
                                • Feb 2003
                                • 1874

                                #16
                                Originally posted by Krille
                                is this new bank columbian?
                                Drugs and porn go hand-in-hand
                                CheapAssDesigns.com - when you need quality designs at affordable prices.
                                icq: 230-729-205
                                info |at| cheap ass designs dot com

                                Comment

                                • Probono
                                  Confirmed User
                                  • Oct 2002
                                  • 2731

                                  #17
                                  I have tried these hoops before unsucessfully so I do hope you have better luck than we had.

                                  First they want to be sure you can provide volume, then when you reveal your volume they get nervous and walk away.

                                  Comment

                                  • KRL
                                    Entrepreneur
                                    • Oct 2002
                                    • 31429

                                    #18
                                    Originally posted by Probono
                                    I have tried these hoops before unsucessfully so I do hope you have better luck than we had.

                                    First they want to be sure you can provide volume, then when you reveal your volume they get nervous and walk away.
                                    Exactly.
                                    If you would like to develop your domains, you can lease inexpensive foreign labor
                                    from the leaders in the field at iWebmasters.com TO LOWER YOUR COSTS AND INCREASE YOUR PRODUCTION!

                                    *** *** *** *** *** *** *** *** *** *** *** ***
                                    Domains Adult News KRL's Newsletter Biz Tips Just Listed Domains

                                    Comment

                                    • KRL
                                      Entrepreneur
                                      • Oct 2002
                                      • 31429

                                      #19
                                      Originally posted by Krille
                                      is this new bank columbian?
                                      No
                                      If you would like to develop your domains, you can lease inexpensive foreign labor
                                      from the leaders in the field at iWebmasters.com TO LOWER YOUR COSTS AND INCREASE YOUR PRODUCTION!

                                      *** *** *** *** *** *** *** *** *** *** *** ***
                                      Domains Adult News KRL's Newsletter Biz Tips Just Listed Domains

                                      Comment

                                      • KRL
                                        Entrepreneur
                                        • Oct 2002
                                        • 31429

                                        #20
                                        Originally posted by Brujah
                                        I thought this was going to be with a large stable reputable bank ?
                                        Citibank? B of A? Wells Fargo?

                                        This is the response you get >
                                        If you would like to develop your domains, you can lease inexpensive foreign labor
                                        from the leaders in the field at iWebmasters.com TO LOWER YOUR COSTS AND INCREASE YOUR PRODUCTION!

                                        *** *** *** *** *** *** *** *** *** *** *** ***
                                        Domains Adult News KRL's Newsletter Biz Tips Just Listed Domains

                                        Comment

                                        • polish_aristocrat
                                          Too lazy to set a custom title
                                          • Jul 2002
                                          • 40377

                                          #21
                                          Originally posted by KRL


                                          No
                                          hopefully not Argentinian
                                          I don't use ICQ anymore.

                                          Comment

                                          • Brujah
                                            Beer Money Baron
                                            • Jan 2001
                                            • 22157

                                            #22
                                            Originally posted by KRL


                                            Citibank? B of A? Wells Fargo?

                                            This is the response you get >
                                            Try the government's fave.. MellonBank!

                                            Comment

                                            • Ozzymosis1
                                              Confirmed User
                                              • Sep 2003
                                              • 2094

                                              #23
                                              It should be interesting to see how this pans out...
                                              SIG TOO BIG! Maximum 120x60 button and no more than 3 text lines of DEFAULT SIZE and COLOR. Unless your sig is for a GFY top banner sponsor, then you may use a 624x80 instead of a 120x60.

                                              Comment

                                              • MattO
                                                The O is for Oohhh
                                                • Feb 2003
                                                • 10861

                                                #24
                                                You should let me know what kind of rates you get KRL and let me see if I can get something competative.

                                                The higher the volume the better the rates.

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