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Originally Posted by venus
billing should not be an issue unless your using third party billing.
Personally I had it with third party when DMR went down. third party billing is so unstable that is does not make sense to use them any more - at least for me. For me, if I have a problem with my merchent bank, I can move to another bank or off shore and all my rebills stay intact.
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You can't move if there aren't banks available. Having your own merchant account is no guarantee that you'll have banking, if you think that, then you need to re-think your business model. Many people with no chargeback problems doing decent volume have been terminated and had to scramble to find a new bank (some didn't find one) because their bank decided to get out of adult. Card Services (First Data) in the US and Pago (Deutschebank) in the EU are two very recent examples of this happening.
Well, now that I've posted a little in this thread, I'll continue.
Purecash was not a new program started by someone without a clue (I'm just going on the comments about Purecash in here, if Raffi was referring to someone else, that's not my issue), that just up and closed down one day.
Purecash has been around for a long time. My original Purecash ID dates back to '99 when I started in this business, and while the program was taken private for several years, it has always existed. Hi Rise has been in this business since the beginning, it's owner, MikeAI, is also a partner in DirectNIC, a little company I'm sure you've all heard of once or twice.
WEG has been around forever and a day as well. One of it's owners used to manage sex.com during it's highly lucrative and tremendously profitable period years ago. They also happen to have started the original Join4Free concept way back when, and were the most successful with the idea as well, and anyone who's been here for more than a couple of years will recall how the 4Free concept changed the industry as much as reality sites did.
The combined assets of the owners of these two companies is probably enough to buy and sell most of the posters on this board in one lump.
I like Raffi, and I certainly hope that his post was not directed towards this situation, since that would not only be out of line but also very foolish. I'm curious at this point to see what company he is talking about, perhaps he'll come back and enlighten us. If it was indeed Purecash, then I'm sure he'll be back to apologize, since I can't imagine him stirring up such a shit storm on purpose, especially with the particular companies involved.