Nexus only processed for Canadaians in Canada, that's why not many people use them. But the ones who did sure know how good they were. Especially Dalin, he's (was?) a great guy. John was prompt to help too. I don't understand why they are so good when things go well then have such little balls when something goes wrong. They could make an announcement like ibill did. It won't change the outcome not letting us in the dark. This is deceiving.
Tragedy: I might have a solution in 48 hours. Keep an eye on this thread and I will post the info as soon as I get the confirmation I am waiting for. (Might help all Canadian webmasters in need of processing).
STAY AWAY FROM NEXUS XI IF YOU LIKE YOUR HARD EARNED MONEY!!!!
I don't recommend you to use nexusxi.com
Or unless you like to work for free!
Last week nexusxi.com refunded all our members.
Without warning, without notice, without explanation.
Few days later they "explained" that "our member called them that he cannot login to our members area".
They don't even bothered to check it and they just fucking refunded all our members!!!
Without contacting us or without checking our site.
And that guy that called them? Well by logs I see he was member for about 10 minutes.
So for 1 fucking motherfucker that just called and told them some story they fucking refunded all our members.
So we were working for free last month!!!
STAY FUCKING AWAY from nexusix.com !!!
I'm sorry for my fucking language but they don't even wrote us sorry we fucked it.
So beware of nexusix.com because next time they can fuck you!!!
I told you to ignore the preceeding question with a link showing it was a Mailboxes, etc . . . . I guess you needed to bump your post count or something
Originally posted by baddog I told you to ignore the preceeding question with a link showing it was a Mailboxes, etc . . . . I guess you needed to bump your post count or something
Unlike you, I don't give a shit about my post count. Carry on n00b.
nexus tends to refund at will in order to avoid chargebacks but this is the first time I heard of a massive refund like that! They've only refunded two memberships since june, in my case.
As far as verotel goes they have a $1500 startup fee. Now since nexus is down, you can argue that you get what you pay for. But in today's climate, paying a $1500 fee does not guarantee that your payment processor will be here tommarrow.
I might check out ecommerceglobal but they got blasted here on gfy, so I dunno.
Nexus has done a couple of refunds off of my account too but nothing massive. Its not like them to do that. Don't blast them for everything now that they are (probably) out of biz. They are very good at what they do but its unacceptable to have no communication with their clients because they have a problem with their bank/merchant account. It won't change anything to let us know what is going on. I think we've all elected to use other processors anyways but if they survive this, by getting a new merchant for example, I don't think I could trust them again.
People panic but there are many processors out there. Its just sometimes hard to find them. The biggest challenge is finding one that will not go out of biz. Surviving the 1% C/B ratio is not impossible to do.
Originally posted by Lacoste Nexus has done a couple of refunds off of my account too but nothing massive. Its not like them to do that. Don't blast them for everything now that they are (probably) out of biz. They are very good at what they do but its unacceptable to have no communication with their clients because they have a problem with their bank/merchant account. It won't change anything to let us know what is going on. I think we've all elected to use other processors anyways but if they survive this, by getting a new merchant for example, I don't think I could trust them again.
People panic but there are many processors out there. Its just sometimes hard to find them. The biggest challenge is finding one that will not go out of biz. Surviving the 1% C/B ratio is not impossible to do.
I agree.
I'm sure we are all getting pretty tired of wasting time and losing money with every switch. Our (Canadian) bandwidth costs are high enough that we cannot afford to have our weekly wires jeopardized like this.
As far as other processors go, and in light of all of these experiences, here's a minimum check list of due diligence for trying another processer (feel free to add to this list):
- The processor must have a verifiable legal identity (ie. legal business name, city/country of registration, the bank(s) they process and payout through).
- The processor must have an office with a verifiable physical address (not a PO box).
- The principles and managers of (admin, security, sales, webmaster support, billing support) must be presented as real people with real phone numbers and real contact information. NOT an answering service which will get back to you (with the exception of genuine overloading of calls).
- A detailed and specific (not vague claims) verifiable outline of the processor's history along with their legal terms clearly presented and accessible up front (not forthcoming after you have already gone half-way into their signup).
- Any representative/spokespersons of the processor must have valid corporate contact information and respond to/address the webmaster community directly (NOT a anonymous 'puppet' who dodges the tough questions, trolls forums, and claims to be in direct contact with a principle as some sort of assurance).
- The processor must have 24/7 tech and sales support with real people on the end of the line - NOT message machines.
- The processor must demonstrate an understanding of processor history (case studies of all major failures), CC territorial issues (US/INT) and have a strong solid arguement how their business structure does not fall under risky cross-jurisdictional conflicts - rather than suggesting "not to worry" or "you can't really guarantee anything in this business" as one 'processor' told me recently.
To my thinking, given that even processors which met most/all of the above requirements have still gone down, starting up with one who does not meet at least ALL of the above criteria is not a wise move.
The problems come from the banks and visa and not from the various companies that attempt to stay in this kind of biz, no matter how big or small they are and no matter how good their service is. Verotel sucks but is still here because they are very BIG. Their financial weight is huge (I got this info from a very good source) and that's what kept them alive. They paid fines and didn't go out of biz. All the ones that disappeared couldn't afford to pay the fines and remain. Nothing can guarantee safety. The only real possibility is to get your own merchant account from your bank and try not to pop the C/B ratio. This way you don't pay the bill because a 3rd party processor offered its service to the wrong sites giving them a C/B level too high and forcing them to shut down.
I have a merchant account with gateway and virtual terminal but i can't find a damn comapny to set me up with member management and automatic rebilling. Can somebody here help?
I'd also like to add that copanie like pswbilling got praised for its fraud scrubbing and security but still got shut down by those who made the praise! F.U.C.K visa. They fine them and seize the honest webmaster's money. That's all it is: THEFT.
Still no news and payouts go out tomorrow. This is really unusual. IF they don't payout tomorrow their actions (or lack of) really stink. IF they do pay us, I'll be astonished and perplexed.
A few more hours to go...
Originally posted by dcortez - The processor must have an office with a verifiable physical address (not a PO box).
- The principles and managers of (admin, security, sales, webmaster support, billing support) must be presented as real people with real phone numbers and real contact information. NOT an answering service which will get back to you (with the exception of genuine overloading of calls).
Hmmm, just to address these to qualifiers . . . I think IBill and Enron provided those. Did that help?
Originally posted by baddog Hmmm, just to address these to qualifiers . . . I think IBill and Enron provided those. Did that help?
Globill provided this information as well... NexusXi kind of did...
What's your point?
Are you suggesting that when a company refuses and gets defensive when asked to provide legal information about its registration, principles, bank and place(s) of business, that this is irrelevant because other companies which have provided this kind of information in the past have failed?
Are you serious?
My point is (although I'm not sure how repeating is really going to make a difference):
It is reasonable to consider any company which makes efforts to conceal information about itself, especially in light of all these failures, to be a high risk proposition.
BTW: bdog as you keep plugging your sponsor eCommerceGlobal in your posts - let's have all this information about them.
Does anyone else hear want to know more about eCommerceGlobal visa vi the points of due diligence I mentioned in my earlier post in this thread?
Originally posted by dcortez Globill provided this information as well... NexusXi kind of did...
What's your point?
The point is that putting up an address is not going to insure shit.
Now, I know you have a personal grudge because they rejected you for questionable content, so your commentary is really just bullshit.
There are plenty of legit sites that are getting accepted by them on a daily basis. Unfortunately, for you, you have dug a hole so deep that no matter what you did to clean up your site they would not accept you as a client.
Originally posted by baddog The point is that putting up an address is not going to insure shit.
Now, I know you have a personal grudge because they rejected you for questionable content, so your commentary is really just bullshit.
There are plenty of legit sites that are getting accepted by them on a daily basis. Unfortunately, for you, you have dug a hole so deep that no matter what you did to clean up your site they would not accept you as a client.
Get over it.
Who would have to do biz with a company who holds grudges? not me.
Originally posted by baddog The point is that putting up an address is not going to insure shit.
My bias with respect to eCG is irrelevant.
However, personal attacks on anyone who questions their authenticity does reinforce the concerns I have expressed.
I will clearly stipulate that I have interacted with eCommerceGlobal.com (aka eCG) and based on my first hand experiences, I caution all webmasters considering signing up with eCG to do their due diligence (as they should with any processor).
My specific reasons don't matter. You can draw your own conclusions based on your own experiences, but *please* get and check your facts.
As for you bdog, watch what you say and be prepared to back it up.
You have just publicly maligned one of the sponsors and advertisers of GFY with your allegations. I will forward it to their attention and they can decide if your comments merit any further action.
Originally posted by dcortez
As for you bdog, watch what you say and be prepared to back it up.
You have just publicly maligned one of the sponsors and advertisers of GFY with your allegations. I will forward it to their attention and they can decide if your comments merit any further action.
-Dino
Now I am scared. I am just passing along what was told to me. I did not say it was illegal, just that it was questionable . . . too questionable for them to want to get involved.
Originally posted by Interlude Since this past May. They've been excellent since then, this is the first stumble. It's the lack of communication that gets me.
Originally posted by Lacoste Feels like a scam no?
It's definitely wierd.
I spoke with Dalin and Brenda last Monday and Tuesday. They seemed really enthusiastic about taking on more of the adult processing.
They got my account set up and running Monday and I was processing Tuesday.
Then Wednesday afternoon the CC processing went down and they seem to have dropped off the face of the planet.
With most of the other processors, we usually see the writing on the wall for a long time before they fall apart.
They do have all our banking info and identification - it is important to find out what has happened so that we know if sensitive information is at risk.
XBiz.com has an informative Nexus XI thread you might want to read over. This "MaleCorps.com" was in the direction of seeking RCMP assistance and Edmonton Police.
Originally posted by dcortez It's definitely wierd.
I spoke with Dalin and Brenda last Monday and Tuesday. They seemed really enthusiastic about taking on more of the adult processing.
They got my account set up and running Monday and I was processing Tuesday.
Then Wednesday afternoon the CC processing went down and they seem to have dropped off the face of the planet.
With most of the other processors, we usually see the writing on the wall for a long time before they fall apart.
They do have all our banking info and identification - it is important to find out what has happened so that we know if sensitive information is at risk.
-Dino
So much for your due dilligence
Last I looked ECG was still available . . . well, not to you of course.
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