Mastercard stops processing for on-line pharmacies

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  • Sassyass
    Confirmed User
    • Dec 2002
    • 1101

    #1

    Mastercard stops processing for on-line pharmacies

    Too bad for those International pharmacies, or form based sites. Visa will be following suite.
  • Frank The Tank
    Confirmed User
    • Dec 2003
    • 3225

    #2
    typical what next :/
    aim : titanceltic icq : 307499327 Frank[@]babesandstuff.com

    Comment

    • pornJester
      Confirmed User
      • Mar 2001
      • 6138

      #3
      Good, maybe the spam will stop too.


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      • sperbonzo
        I'd rather be on my boat.
        • May 2003
        • 9750

        #4
        details? sources?
        Michael Sperber / Acella Financial LLC/ Online Payment Processing

        [email protected] / http://Acellafinancial.com/

        ICQ 177961090 / Tel +1 909 NET BILL / Skype msperber

        Comment

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

          #5
          Wtf?

          That sucks !

          Not that I support online prarmacies, i don't care about them, but it is an example that they could also stop processing porn.

          Pharmacies must be making them nice profits too, but neverthless they decided to stop processiing for them
          I don't use ICQ anymore.

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          • Babaganoosh
            ♥♥♥ Likes Hugs ♥♥♥
            • Nov 2001
            • 15841

            #6
            Online pharmacies represent such an insignificant amount of money to CC companies. They are illegal in some areas and are barely legal in others. The revenue generated from sales isn't worth the liability for the CC companies. I doubt porn will follow the same route. There are too many people who like to visit porn sites to alienate them
            I like pie.

            Comment

            • sperbonzo
              I'd rather be on my boat.
              • May 2003
              • 9750

              #7
              Originally posted by Armed & Hammered
              Online pharmacies represent such an insignificant amount of money to CC companies. They are illegal in some areas and are barely legal in others. The revenue generated from sales isn't worth the liability for the CC companies. I doubt porn will follow the same route. There are too many people who like to visit porn sites to alienate them

              Sorry, but you are WAY, WAY off.

              Online adult represents about 0.3% of VISA revenues (that's 3 tenths of one percent), Walmart, by itself, processes 5 times more through VISA than all the adult on the intenet.

              At the same time adult internet is responsible for as much as 20% of fraud and chargbacks. Why should VISA MC keep on processing adult? Would you? The credit card companies couldn't care less about "alienating" people that like to visit porn sites either, they have a much bigger issue with not hurting their corporate image.

              Amex pulled out of adult years ago......just you wait
              Michael Sperber / Acella Financial LLC/ Online Payment Processing

              [email protected] / http://Acellafinancial.com/

              ICQ 177961090 / Tel +1 909 NET BILL / Skype msperber

              Comment

              • bigdog
                Confirmed User
                • Jul 2001
                • 6964

                #8
                this fucking sucks

                Comment

                • Cyborg 2.0
                  Confirmed User
                  • Mar 2004
                  • 851

                  #9
                  that sucks we might be next
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                  • Gemini
                    Confirmed User
                    • Jan 2001
                    • 7183

                    #10
                    It doesn't matter if they are illegal in 'some areas"... it's against Federal Law. Don't know why they didn't crack down a long time back but its basically the same premise with online tobacco in a way. They will be next. They aren't collecting and paying the state sales taxes as law dictates.

                    About 6 weeks ago the Feds seized a tractor trailer at the Canadian border bringing 'legal' drugs in... thats against Federal Law as well. lol In fact when your Granny boards the bus to go up and fill her scripts she just became a felon as the bus rolls back over the border. Stupid eh?

                    What gets me even more... is the Fed saying filling a prescription is DANGEROUS. Are we sending contaminated pills up there or something to begine with?!?! "Quote - You don't KNOW what you are getting - Unquote" lmao Its the same stuff they dispense here, just that it says 'eh' alot more when you open the bottle. lol
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                    • Sassyass
                      Confirmed User
                      • Dec 2002
                      • 1101

                      #11
                      On line pharmacies are very profitable. They are what porn was a few years ago. They will be more profitable than porn in the near future.

                      If you ran a program that was shut down, send me an email. I happen to follow all guide lines, and I am 100% DEA compliant. I could set up an advertiser program. MC has also stated rules on how that will work, and I am 100% compliant in that area also.

                      Clarson at norcoworldwide dot com

                      Comment

                      • jimmyf
                        OU812
                        • Feb 2001
                        • 12651

                        #12
                        the Fed's are going 2 go after ones selling certain drugs, pain killers 2 name one. don't know if they have it yet but they are going 2 have a bot do searches.
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                        • shogun3k
                          Confirmed User
                          • Mar 2004
                          • 480

                          #13
                          yeah, us webmasters should stay of the illegal shit.

                          Comment

                          • sweetcuties
                            Confirmed User
                            • Feb 2002
                            • 5859

                            #14
                            Don't want to sound negative, but it's just a matter of time before they close shop on adult

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                            • Babaganoosh
                              ♥♥♥ Likes Hugs ♥♥♥
                              • Nov 2001
                              • 15841

                              #15
                              Originally posted by sperbonzo



                              Sorry, but you are WAY, WAY off.

                              Online adult represents about 0.3% of VISA revenues (that's 3 tenths of one percent), Walmart, by itself, processes 5 times more through VISA than all the adult on the intenet.

                              At the same time adult internet is responsible for as much as 20% of fraud and chargbacks. Why should VISA MC keep on processing adult? Would you? The credit card companies couldn't care less about "alienating" people that like to visit porn sites either, they have a much bigger issue with not hurting their corporate image.

                              Amex pulled out of adult years ago......just you wait
                              That's not the point, the point is the percentage of male cardholders who wish to join an adult site at some point in their lives. Any CC company in their right minds will NOT alienate these customers. I have read that it is upwards of 50% of male customers who will join at least one site in their lives. Why does everyone love "THE SKY IS FALLING" threads so much?
                              I like pie.

                              Comment

                              • jimmyf
                                OU812
                                • Feb 2001
                                • 12651

                                #16
                                Originally posted by sweetcuties
                                Don't want to sound negative, but it's just a matter of time before they close shop on adult
                                I won't see this in my lifetime
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                                • Babaganoosh
                                  ♥♥♥ Likes Hugs ♥♥♥
                                  • Nov 2001
                                  • 15841

                                  #17
                                  Originally posted by jimmyf


                                  I won't see this in my lifetime
                                  Nope, you won't.
                                  I like pie.

                                  Comment

                                  • Babaganoosh
                                    ♥♥♥ Likes Hugs ♥♥♥
                                    • Nov 2001
                                    • 15841

                                    #18
                                    Originally posted by Sassyass
                                    On line pharmacies are very profitable. They are what porn was a few years ago. They will be more profitable than porn in the near future.

                                    If you ran a program that was shut down, send me an email. I happen to follow all guide lines, and I am 100% DEA compliant. I could set up an advertiser program. MC has also stated rules on how that will work, and I am 100% compliant in that area also.

                                    Clarson at norcoworldwide dot com
                                    This thread is the most creative spam I have seen in a long, long time. Nice job.
                                    I like pie.

                                    Comment

                                    • Sassyass
                                      Confirmed User
                                      • Dec 2002
                                      • 1101

                                      #19
                                      Porn is not going to be shut off, and compliant on-line drug services are not going to be shut off. Just the ones that coast in the darker sides of the grey areas, and obviously the illegal ones.

                                      Didn?t mean to start a ?the sky is falling? thread.

                                      Comment

                                      • hydro
                                        Confirmed User
                                        • Dec 2003
                                        • 4216

                                        #20
                                        im sure visa and mc will stop processing for porn soon, but with them doing so there is alot of $ to be made. One could setup a credit based system for gaining access to porn sites. The credits could be bought with a bank wire, money order, or through western union. Then the service would send the money to a site owner and just keep a fee. Even if the fee was $5 that is still alot of money when you think about how much porn people buy. Chargebacks would be very low as well. I dont think carders would go through the trouble of getting a bank account just for porn when there is kazaa.

                                        Comment

                                        • Sassyass
                                          Confirmed User
                                          • Dec 2002
                                          • 1101

                                          #21
                                          Originally posted by Armed & Hammered


                                          This thread is the most creative spam I have seen in a long, long time. Nice job.

                                          Comment

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

                                            #22
                                            here is the original thread ;)
                                            I don't use ICQ anymore.

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