GoFuckYourself.com - Adult Webmaster Forum - View Single Post - Ibill/CCbill/Epoch/WSB/Jettis HAVE LIED TO US

rnicey · 10-06-2002, 05:05 PM

Let me see if I can put a few things to rest.

Yes WSB, IBill, CCBill, Epoch, Jettis talk to each other and discuss current issues. There is of course strength in numbers, but in this case it's not enough to go up against Visa. WSB is no coward when it comes to standing up for what we believe is right, sometimes to our financial detriment, but in this case it's been made very clear. Tow the line or get sunk.

WSB does have a U.K. presence. That's because we have an offshore banking relationship. It's not the only relationship, before you start getting edgy. We like to keep our options open, especially for our european webmasters.

From this standpoint let me tell you why I believe that the anger is misguided and why I personally wouldn't process offshore if I was in your shoes (a US company) right now. Three words, 'Cross Border Acquiring'. Visa International has made it really very clear that US webmasters need to process with a US processing company and so forth with each of it's regions.

If we could just process offshore and keep things the way they are, we would. Visa is no dummy, they'll be hunting and restricting cross-border merchants next. If any biller thinks they're going to be able to process US webmaster's transactions when they're not in the U.S., think again, maybe not today, maybe not tomorrow, but soon the axe will fall.

My take on this: Basically Visa has had enough. Form a pool if you like. Demo in the streets and stick pins in effigies. They really don't care. They'd be quite happy in fact if the whole adult thing went away. Sure it'd be a short term drop in revenue, they might not be able to afford that fourth Picasso in the new New York office.

Think of us what you will. I firmly believe that continuing to process via 3rd party is the best combination of fees vs. productivity. Stagger through these mine fields on your own if you want. Personally I'd rather have a billing company that's on the bleeding edge of technology and communication with Visa/MC. WSB, IBill, CCBill, Epoch and Jettis will continue on, and I wish the others success also.

10-06-2002, 05:05 PM
rnicey Registered User Join Date: Sep 2002 Location: Hollywood, FL Posts: 37	Let me see if I can put a few things to rest. Yes WSB, IBill, CCBill, Epoch, Jettis talk to each other and discuss current issues. There is of course strength in numbers, but in this case it's not enough to go up against Visa. WSB is no coward when it comes to standing up for what we believe is right, sometimes to our financial detriment, but in this case it's been made very clear. Tow the line or get sunk. WSB does have a U.K. presence. That's because we have an offshore banking relationship. It's not the only relationship, before you start getting edgy. We like to keep our options open, especially for our european webmasters. From this standpoint let me tell you why I believe that the anger is misguided and why I personally wouldn't process offshore if I was in your shoes (a US company) right now. Three words, 'Cross Border Acquiring'. Visa International has made it really very clear that US webmasters need to process with a US processing company and so forth with each of it's regions. If we could just process offshore and keep things the way they are, we would. Visa is no dummy, they'll be hunting and restricting cross-border merchants next. If any biller thinks they're going to be able to process US webmaster's transactions when they're not in the U.S., think again, maybe not today, maybe not tomorrow, but soon the axe will fall. My take on this: Basically Visa has had enough. Form a pool if you like. Demo in the streets and stick pins in effigies. They really don't care. They'd be quite happy in fact if the whole adult thing went away. Sure it'd be a short term drop in revenue, they might not be able to afford that fourth Picasso in the new New York office. Think of us what you will. I firmly believe that continuing to process via 3rd party is the best combination of fees vs. productivity. Stagger through these mine fields on your own if you want. Personally I'd rather have a billing company that's on the bleeding edge of technology and communication with Visa/MC. WSB, IBill, CCBill, Epoch and Jettis will continue on, and I wish the others success also.