One Time SPAM: If you have a paysite and are with CSI or Ibill read this

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  • Probono
    Confirmed User
    • Oct 2002
    • 2731
    #1

    One Time SPAM: If you have a paysite and are with CSI or Ibill read this

    On June 27 CSI stops doing high risk processing. If you have your own CSI account they have probably notified you. CSI is owned by First Data Corp, they are abandoning of adult, not just for CSI but for all of FDC. If you use Ibill, they use FDC and they may not have dropped the bomb on you yet.

    We became proactive and found a way to get new merchant accounts, one in the US and one in Europe. If you qualify and get your paperwork together in timely manner you may still survive without a disruption in sales.

    The only people who will qualify have been in business for at least one year in Europe, two in the US, have Chargeback rates below 0.80% and do at least $100,000 a month in sales. I can also help Canadians in the same situation.

    There is a real time crunch for the US accounts to take action before the bank closes that option off.

    If you want the infomation email me and I will put you in touch with the proper people, the same people that had us up and running in less than 2 weeks.

    Lee @ dreamnet.com
    Tags: None
    • emmanuelle
      Confirmed User
      • Mar 2003
      • 3662
      #2
      Ibill told us that their parent company does Ccbill's processing.

      Anybody know if this is fact or just propoganda?

        Comment

        • AaronM
          GFY Royality ;)
          • Oct 2001
          • 46917
          #3
          Originally posted by Probono
          On June 27 CSI stops doing high risk processing. If you have your own CSI account they have probably notified you. CSI is owned by First Data Corp, they are abandoning of adult, not just for CSI but for all of FDC. If you use Ibill, they use FDC and they may not have dropped the bomb on you yet.
          No shit?

          Who knew?

          http://www.gofuckyourself.com/showth...hreadid=298619

            Comment

            • Probono
              Confirmed User
              • Oct 2002
              • 2731
              #4
              Originally posted by emmanuelle
              Ibill told us that their parent company does Ccbill's processing.

              Anybody know if this is fact or just propoganda?
              Ibill was just sold to the people who purchased Penthouse. The reason FDC dropped adult was the media exposure that sale caused FDC. CCbill can speak for themselves, however I would be shocked if they used Ibill for anything at all.

                Comment

                • mmaisonet
                  Confirmed User
                  • Jan 2003
                  • 252
                  #5
                  Ibill told us that their parent company does Ccbill's processing.

                  Anybody know if this is fact or just propoganda?

                  --------------------------------------------------------------------------------

                  That was Intercept. Remember, IBILL was recently sold to Penthouse for a steal!!
                  The World Is Yours!!
                  INNOVATIVE PAYMENT SOLUTIONS
                  You Need Processing? We Can Help!!
                  Offshore Processing, 3rd Party Processing, Direct Mids
                  http://www.inpaysolutions.com
                  [email protected]
                  Icq 27701318 -(LatinSoulMan )

                    Comment

                    • MarkIBill
                      Confirmed User
                      • Jan 2003
                      • 125
                      #6
                      First, iBill does not use CSI for our merchant account. We are in very good standing with the card associations and our merchant account processors. Our chargeback rates in all categories are well below the thresholds and have been for some time. While First Data has made it clear that they eventually plan to exit the adult market, there is not a set point where iBill has to leave First Data like direct merchants under their subsidiary CSI. Please keep in mind we have had a solid relationship with First Data going back many years. The adult processing industry is very challenging but our primary objective has always been long term business continuity. It is business as usual here at iBill.

                        Comment

                        • scoreman
                          Confirmed User
                          • Nov 2001
                          • 1491
                          #7
                          CCBILL does not use a First Data bank. They run their business through EPX which uses Meritbank in Utah.

                          Paycom is a different story. They use Payment tech, which is nearly half owned by FDC. If FDC is mandating that the IPSPs start looking elsewhere for their banking needs than iBill and Paycom would be in the same boat.

                            Comment

                            • Elli
                              Reach for those stars!
                              • Apr 2003
                              • 17991
                              #8
                              Probono, that is good of you to offer to help people out. I wonder if people will take you up on this, or continue to pull the wool over their own eyes.
                              email: [email protected]

                                Comment

                                • Probono
                                  Confirmed User
                                  • Oct 2002
                                  • 2731
                                  #9
                                  Originally posted by MarkIBill
                                  First, iBill does not use CSI for our merchant account. We are in very good standing with the card associations and our merchant account processors. Our chargeback rates in all categories are well below the thresholds and have been for some time. While First Data has made it clear that they eventually plan to exit the adult market, there is not a set point where iBill has to leave First Data like direct merchants under their subsidiary CSI. Please keep in mind we have had a solid relationship with First Data going back many years. The adult processing industry is very challenging but our primary objective has always been long term business continuity. It is business as usual here at iBill.
                                  Mark it might be business as usual for you however your merchant accounts will be closed by FDC in fact Ibill is the reason the entire problem was exposed by Forbes Magazine and the crystalizing cause of many many high risk merchants losing their accounts with 6 weeks or less notice. I think you have your head in the sand if you think Ibill is not getting shut off.

                                    Comment

                                    • Ray@TastyDollars
                                      www.TastyDollars.com
                                      • May 2002
                                      • 6797
                                      #10
                                      Originally posted by AaronM
                                      No shit?

                                      Who knew?

                                      http://www.gofuckyourself.com/showth...hreadid=298619
                                      I stand corrected

                                        Comment

                                        • MarkIBill
                                          Confirmed User
                                          • Jan 2003
                                          • 125
                                          #11
                                          Originally posted by Probono
                                          Mark it might be business as usual for you however your merchant accounts will be closed by FDC in fact Ibill is the reason the entire problem was exposed by Forbes Magazine and the crystalizing cause of many many high risk merchants losing their accounts with 6 weeks or less notice. I think you have your head in the sand if you think Ibill is not getting shut off.
                                          Without being too blunt... If you really believe a "Forbes Article" is the reason behind an FDC decision or that iBill has any correlation to the challenges in the adult industry than it is someone elses head in the sand than mine...

                                          As mentioned in my previous post, we will and have managed our business in a manner that will comply with all association rules. We have and will continue to have numerous positive banking relationships in the US and abroad as well as multiple payment methods so that our clients will always have processing solutions.

                                            Comment

                                            • Probono
                                              Confirmed User
                                              • Oct 2002
                                              • 2731
                                              #12
                                              Originally posted by MarkIBill
                                              Without being too blunt... If you really believe a "Forbes Article" is the reason behind an FDC decision or that iBill has any correlation to the challenges in the adult industry than it is someone elses head in the sand than mine...

                                              As mentioned in my previous post, we will and have managed our business in a manner that will comply with all association rules. We have and will continue to have numerous positive banking relationships in the US and abroad as well as multiple payment methods so that our clients will always have processing solutions.
                                              Time will tell who is correct. I predict a major change in the Ibill business model with 30-60 days that will adversely effect your smaller clients. However I am not privy to your corporate secrets I just know the realities at FDC and the limited options left for an IPSP.

                                                Comment

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