Fake Verotel Mail?

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  • HTMwrestling
    Confirmed User
    • Aug 2010
    • 185

    #1

    Fake Verotel Mail?

    One of my clients got this in her email. It says her account was closed yet I was still able to log into it, so I think it might be a fake:

    Date: Thu, 19 Apr 2012 16:46:58 +0200
    Subject: Important message about your Verotel account
    From: [email protected]
    To: [email protected]

    Dear merchant,

    You have been a beloved Verotel merchant for the
    last couple of years and we thank you for that!

    However, we want to bring you some news about
    MasterCard and VISA and their new registration
    requirements.

    These requirements include:

    We need to identify you. This means that we
    need a copy of your identification;

    We need to register you with the credit card
    companies. A total of EUR 500.00 application and
    registration fee applies for your registration;

    We board your account under a new service name:
    Verotel Basic. This is the new name for smaller
    accounts like the one you have;

    You need to sign a new Verotel agreement that
    outlines the do's and dont's within the new
    registration requirements of both MasterCard
    and VISA.

    We have investigated your account and found out
    that your total revenue per week is less than EUR 100.00.

    We can understand that you cannot afford the EUR 500.00
    application and registration fee. Therefore we have
    terminated your account per today, April 19th 2012.

    You may decide to pay the EUR 500.00 application and
    registration fee. For your account that means that we
    would like to receive this amount up front by wire.
    Please do not forget to include your Verotel ID in your wire.

    Please refer to the PDF file for the banking details.

    If after one year your account is in good standing and
    has an average volume of more than EUR 100.00 per week
    we will not charge you for the following year.

    If you decide to pay the amount of EUR 500.00 application
    and registration fee please contact us immediately by
    email ([email protected]) and we will re-authorize
    your account again. Your payment should be available in
    our bank account by May 1st at the latest.

    Please note that all moneys owed will be normally paid
    according to our terms and conditions.

    Please note that the application and registration fee
    are VISA and MasterCard fees per merchant; not per website.
    So if you have websites elsewhere please consider the
    possibility to add these website(s) to your Verotel Basic
    portfolio.

    We hope to continue to do business with you and are
    looking forward to your decision.

    Kind regards,


    Verotel Merchant Services BV
    J.W.A. Zuurbier

    It also had an attached PDF. No news about this on the Verotel site. She is forwarding it to [email protected] but are there any Verotel people on here right now that can confirm if this is real or not?
    http://htmwrestling.com Maledom boxing, foxy boxing, wrestling women..Sports entertainment pseudo-porn
  • Harmon
    ( ͡ʘ╭͜ʖ╮͡ʘ)
    • Mar 2004
    • 20012

    #2
    Well, the email addresses the way you posted them are going to the Verotel domain.... Does your client see something different when mousing over? Is it phishing?

    Call them.
    [email protected]

    Comment

    • jawanda
      Confirmed User
      • Feb 2003
      • 6040

      #3
      "We can see that you're poor as shit and for sure won't be able to pony up the $500, so we helped you out by closing your account for you. "

      lolzzzz I love Verotel, this sounds 100% like a legit email from them.

      Comment

      • bean-aid
        So Fucking Banned
        • Jun 2011
        • 16493

        #4
        View source code of email. What is the senders email? The display email can display whatever they want to.

        Comment

        • SwirlsGirl
          So Fucking Banned
          • Feb 2006
          • 2067

          #5
          holy shit any given day in this business you can get that 1 email that blind sides you...no notice, no warning, plug pulled

          Comment

          • intex
            Confirmed User
            • Mar 2007
            • 773

            #6
            this sucks I got the same email & they just suspended my account. No warning, no notice, nothing...

            WHAT THE FUCK!!!!!!
            ICQ: 482382890

            Comment

            • HTMwrestling
              Confirmed User
              • Aug 2010
              • 185

              #7
              Crap. It DOES say suspended in the Verotel account now.

              Thanks for the suggestions, though.
              http://htmwrestling.com Maledom boxing, foxy boxing, wrestling women..Sports entertainment pseudo-porn

              Comment

              • Harmon
                ( ͡ʘ╭͜ʖ╮͡ʘ)
                • Mar 2004
                • 20012

                #8
                Signs of the times...
                [email protected]

                Comment

                • CurrentlySober
                  Too lazy to wipe my ass
                  • Aug 2002
                  • 38940

                  #9
                  i like wearing ladies panties...


                  👁️ 👍️ 💩

                  Comment

                  • signupdamnit
                    Confirmed User
                    • Aug 2007
                    • 6697

                    #10
                    We have investigated your account and found out
                    that your total revenue per week is less than EUR 100.00.

                    We can understand that you cannot afford the EUR 500.00
                    application and registration fee. Therefore we have
                    terminated your account per today, April 19th 2012.
                    LOL Wut? EUR 50 * 52 weeks = EUR 2600

                    You might still be able to afford to pay the EUR 500 fee and make a profit. It looks more like they decided to take the opportunity to try to get rid of some of the smaller players. There should have been some notice as well with this not just today we are "terminating your account".

                    For affiliates it looks like a lot of Verotel affiliate programs for smaller paysites are going to disappear.

                    You don't like my posts? Put me on ignore or fuck right off. I'll say what I want.

                    Comment

                    • benherover
                      Confirmed User
                      • Apr 2007
                      • 53

                      #11
                      They have me by the balls. I had a custom written application that only works with their flexpay system. Im gonna pay the fee but I'm pissed.

                      Just to check with the rest of you . .were you using the Verotel tickets system or Flexpay?

                      I have two different Verotel accounts. Only the flexpay(my newer site) got the email. I checked my older account and its still active and accepting purchases. Is it because it makes more money?

                      Comment

                      • AdultEUhost
                        ORLY?
                        • Oct 2005
                        • 2579

                        #12
                        Originally posted by HTMwrestling
                        One of my clients got this in her email. It says her account was closed yet I was still able to log into it, so I think it might be a fake:

                        Date: Thu, 19 Apr 2012 16:46:58 +0200
                        Subject: Important message about your Verotel account
                        From: [email protected]
                        To: [email protected]

                        Dear merchant,

                        You have been a beloved Verotel merchant for the
                        last couple of years and we thank you for that!

                        However, we want to bring you some news about
                        MasterCard and VISA and their new registration
                        requirements.

                        These requirements include:

                        We need to identify you. This means that we
                        need a copy of your identification;

                        We need to register you with the credit card
                        companies. A total of EUR 500.00 application and
                        registration fee applies for your registration;

                        We board your account under a new service name:
                        Verotel Basic. This is the new name for smaller
                        accounts like the one you have;

                        You need to sign a new Verotel agreement that
                        outlines the do's and dont's within the new
                        registration requirements of both MasterCard
                        and VISA.

                        We have investigated your account and found out
                        that your total revenue per week is less than EUR 100.00.

                        We can understand that you cannot afford the EUR 500.00
                        application and registration fee. Therefore we have
                        terminated your account per today, April 19th 2012.

                        You may decide to pay the EUR 500.00 application and
                        registration fee. For your account that means that we
                        would like to receive this amount up front by wire.
                        Please do not forget to include your Verotel ID in your wire.

                        Please refer to the PDF file for the banking details.

                        If after one year your account is in good standing and
                        has an average volume of more than EUR 100.00 per week
                        we will not charge you for the following year.

                        If you decide to pay the amount of EUR 500.00 application
                        and registration fee please contact us immediately by
                        email ([email protected]) and we will re-authorize
                        your account again. Your payment should be available in
                        our bank account by May 1st at the latest.

                        Please note that all moneys owed will be normally paid
                        according to our terms and conditions.

                        Please note that the application and registration fee
                        are VISA and MasterCard fees per merchant; not per website.
                        So if you have websites elsewhere please consider the
                        possibility to add these website(s) to your Verotel Basic
                        portfolio.

                        We hope to continue to do business with you and are
                        looking forward to your decision.

                        Kind regards,


                        Verotel Merchant Services BV
                        J.W.A. Zuurbier

                        It also had an attached PDF. No news about this on the Verotel site. She is forwarding it to [email protected] but are there any Verotel people on here right now that can confirm if this is real or not?

                        I call total bullshit, just forwarded this to Verotel as well
                        ICQ: 267-443-722 / leon [at] adulteuhost [dotcom]

                        Nominated for an XBIZ Award as "Webhost of the Year" in 2007, 2012, 2013 and 2014

                        Comment

                        • BIGTYMER
                          Junior Achiever
                          • Nov 2004
                          • 17066

                          #13
                          Originally posted by benherover
                          They have me by the balls. I had a custom written application that only works with their flexpay system. Im gonna pay the fee but I'm pissed.

                          Just to check with the rest of you . .were you using the Verotel tickets system or Flexpay?

                          I have two different Verotel accounts. Only the flexpay(my newer site) got the email. I checked my older account and its still active and accepting purchases. Is it because it makes more money?
                          Yes. Sounds like only people who do 100 euro/week or less got this email.

                          Comment

                          • nikki99
                            Supermodel
                            • Nov 2004
                            • 23087

                            #14
                            Originally posted by AdultEUhost
                            I call total bullshit, just forwarded this to Verotel as well
                            please keep us updated what they will say?
                            SMC Revenue - Best Tgirl websites of the world now VR
                            Non exclusive BIG Tranny/shemale Package for sale, full 2257 - hit me up skype: nikkimontero

                            Comment

                            • CCBill Paul
                              Confirmed User
                              • Feb 2004
                              • 1005

                              #15
                              Originally posted by HTMwrestling
                              Crap. It DOES say suspended in the Verotel account now.

                              Thanks for the suggestions, though.


                              We have had calls from a few other webmasters who have received this email today so you are not alone.
                              Paulk @ CCBill.com | icq 248615940

                              Comment

                              • lazycash
                                Troll Patrol
                                • Aug 2002
                                • 15214

                                #16
                                Originally posted by AdultEUhost
                                I call total bullshit, just forwarded this to Verotel as well
                                Its a legit email, what do you think is bullshit about it?
                                "WTF, on google you can find the answer to every question in human history, EXCEPT how to convert cams..

                                Its crazy..."

                                VenusBlogger

                                Comment

                                • mrjoost
                                  Registered User
                                  • Aug 2004
                                  • 9

                                  #17
                                  Hey guys,

                                  My name is Joost Zuurbier and I am one of the Verotel founders.

                                  We are cleaning up a whole bunch of very small accounts within
                                  our system. These accounts do a few or a few tens of dollars
                                  in volume / week.

                                  We have terminated some of these accounts because of inactivity.

                                  Since we have to pay VISA and MasterCard registration fees these
                                  unused account are a simple cost and with terminating them we are
                                  looking to reduce these costs.

                                  Quick note on fees is that the entire industry will undergo some
                                  dramatic changes in the next 6 months when MasterCard will make
                                  it mandatory for all MasterCards acceptants, including all webmasters,
                                  to register their identification and websites. This will effect all
                                  IPSPs including our competitors, but also IPSPs like Paypal.
                                  With such registration MasterCard will impose a fee.

                                  We are trying to limit any costs as much as possible - and most
                                  of the time we don't pass on the actual VISA/MC fees 1-to-1
                                  but take this from our general gross margin. This may change
                                  in the future since the fees that MasterCard intends to
                                  charge might be a bit higher than normal.

                                  We are currently in an healthy discussion with the credit card
                                  schemes to make sure we can provide you excellent service,
                                  with a decent rate, and 100% payment security.

                                  Please note that Verotel is registered as a Payment Institute
                                  with the Dutch Central Bank in the Netherlands and that the
                                  Dutch Central Bank is overseeing Verotel's operations and
                                  money held.

                                  On another positive note is that we are close to open up our
                                  new US office in California. This means that we can provide
                                  even better support during business hours of all the people living
                                  in the Americas.

                                  Looking forward to continue to work with you all!
                                  Warm regards,



                                  Joost Zuurbier
                                  Verotel Merchant Services BV
                                  CEO
                                  --------------------------------------
                                  Verotel
                                  Trusted since 1998

                                  Comment

                                  • mrjoost
                                    Registered User
                                    • Aug 2004
                                    • 9

                                    #18
                                    On a side note:

                                    If there are webmasters that have received a termination email and have
                                    multiple Verotel accounts, we can merge these accounts together
                                    that will qualify under one 'umbrella' account. Simple shoot an email
                                    to compliance[at]verotel.com and we'll take care of you!

                                    Cheers,


                                    Joost
                                    Verotel Merchant Services BV
                                    --------------------------------------
                                    Verotel
                                    Trusted since 1998

                                    Comment

                                    • signupdamnit
                                      Confirmed User
                                      • Aug 2007
                                      • 6697

                                      #19
                                      Originally posted by mrjoost
                                      Hey guys,

                                      My name is Joost Zuurbier and I am one of the Verotel founders.

                                      We are cleaning up a whole bunch of very small accounts within
                                      our system. These accounts do a few or a few tens of dollars
                                      in volume / week.

                                      We have terminated some of these accounts because of inactivity.

                                      Since we have to pay VISA and MasterCard registration fees these
                                      unused account are a simple cost and with terminating them we are
                                      looking to reduce these costs.

                                      Quick note on fees is that the entire industry will undergo some
                                      dramatic changes in the next 6 months when MasterCard will make
                                      it mandatory for all MasterCards acceptants, including all webmasters,
                                      to register their identification and websites. This will effect all
                                      IPSPs including our competitors, but also IPSPs like Paypal.
                                      With such registration MasterCard will impose a fee.

                                      We are trying to limit any costs as much as possible - and most
                                      of the time we don't pass on the actual VISA/MC fees 1-to-1
                                      but take this from our general gross margin. This may change
                                      in the future since the fees that MasterCard intends to
                                      charge might be a bit higher than normal.

                                      We are currently in an healthy discussion with the credit card
                                      schemes to make sure we can provide you excellent service,
                                      with a decent rate, and 100% payment security.

                                      Please note that Verotel is registered as a Payment Institute
                                      with the Dutch Central Bank in the Netherlands and that the
                                      Dutch Central Bank is overseeing Verotel's operations and
                                      money held.

                                      On another positive note is that we are close to open up our
                                      new US office in California. This means that we can provide
                                      even better support during business hours of all the people living
                                      in the Americas.

                                      Looking forward to continue to work with you all!
                                      Warm regards,



                                      Joost Zuurbier
                                      Verotel Merchant Services BV
                                      CEO
                                      1. Couldn't you have given some notice about this to people prior to terminating them?

                                      2. If it's really about the EUR 500 fee why would you automatically immediately terminate accounts making under EUR 100 a week when the webmaster might want to pay that fee and continue business anyway?

                                      You don't like my posts? Put me on ignore or fuck right off. I'll say what I want.

                                      Comment

                                      • Ron Bennett
                                        Confirmed User
                                        • Oct 2003
                                        • 1653

                                        #20
                                        So Verotel suspended accounts with no advance notice ...?

                                        If so, seems to me that's a warning sign to larger, currently unaffected, Verotel customers that trouble could be on the horizon.
                                        Domagon - Website Management and Domain Name Sales

                                        Comment

                                        • mrjoost
                                          Registered User
                                          • Aug 2004
                                          • 9

                                          #21
                                          Hey guys,

                                          There was no advance notice because in this case MasterCard didn't want
                                          to give us notice - the accounts were just too small. Most of them were
                                          processing less than US$ 10 a week.

                                          If we would give notice, MasterCard would still bill us for these unused
                                          accounts. Of course we tried to mitigate in this but we have to play with
                                          the rules and regulations of MasterCard Corporation.

                                          Comment on Ron Bennett's remark about warning signs: as mentioned
                                          in my previous posting MasterCard will impose new registration rules
                                          and procedures for submerchants and webmasters that are currently
                                          connected to IPSPs and Payment Institutes like ourselves.

                                          Their request is to gain more transparancy - and to receive more income.

                                          We are currently in a lenghtly negotiation process but to repeat myself:

                                          "Quick note on fees is that the entire industry will undergo some
                                          dramatic changes in the next 6 months when MasterCard will make
                                          it mandatory for all MasterCards acceptants, including all webmasters,
                                          to register their identification and websites. This will effect all
                                          IPSPs including our competitors, but also IPSPs like Paypal.
                                          With such registration MasterCard will impose a fee."

                                          For any of these coming changes we know we can give enough notice.
                                          And everyone can compare notes with the competitors since these
                                          changes will affect everyone.

                                          Kind regards,



                                          Joost Zuurbier
                                          Verotel Merchant Services BV
                                          CEO
                                          --------------------------------------
                                          Verotel
                                          Trusted since 1998

                                          Comment

                                          • signupdamnit
                                            Confirmed User
                                            • Aug 2007
                                            • 6697

                                            #22
                                            Originally posted by mrjoost
                                            Hey guys,

                                            There was no advance notice because in this case MasterCard didn't want
                                            to give us notice - the accounts were just too small. Most of them were
                                            processing less than US$ 10 a week.

                                            If we would give notice, MasterCard would still bill us for these unused
                                            accounts. Of course we tried to mitigate in this but we have to play with
                                            the rules and regulations of MasterCard Corporation.

                                            Comment on Ron Bennett's remark about warning signs: as mentioned
                                            in my previous posting MasterCard will impose new registration rules
                                            and procedures for submerchants and webmasters that are currently
                                            connected to IPSPs and Payment Institutes like ourselves.

                                            Their request is to gain more transparancy - and to receive more income.

                                            We are currently in a lenghtly negotiation process but to repeat myself:

                                            "Quick note on fees is that the entire industry will undergo some
                                            dramatic changes in the next 6 months when MasterCard will make
                                            it mandatory for all MasterCards acceptants, including all webmasters,
                                            to register their identification and websites. This will effect all
                                            IPSPs including our competitors, but also IPSPs like Paypal.
                                            With such registration MasterCard will impose a fee."

                                            For any of these coming changes we know we can give enough notice.
                                            And everyone can compare notes with the competitors since these
                                            changes will affect everyone.

                                            Kind regards,



                                            Joost Zuurbier
                                            Verotel Merchant Services BV
                                            CEO
                                            Are you still going to pay them any reserves due?

                                            You don't like my posts? Put me on ignore or fuck right off. I'll say what I want.

                                            Comment

                                            • Hentaikid
                                              Confirmed User
                                              • Nov 2002
                                              • 1250

                                              #23
                                              Pity about the timing. I just decided to start with the tube partnership thing. I've never been any good at the traffic generation game so I figured this would be a good move.

                                              Any chance of an extension, Mr. Joost? I understand the move but it was a little bit sudden.

                                              edit: saw the last post, yeah that sounds like the card associations typical MO.

                                              I wouldn't mind if you applied 100% retention until the fee was paid, for example.
                                              Last edited by Hentaikid; 04-19-2012, 01:16 PM.

                                              Comment

                                              • nikki99
                                                Supermodel
                                                • Nov 2004
                                                • 23087

                                                #24
                                                Originally posted by signupdamnit
                                                Are you still going to pay them any reserves due?
                                                the pdf file says yes they will
                                                SMC Revenue - Best Tgirl websites of the world now VR
                                                Non exclusive BIG Tranny/shemale Package for sale, full 2257 - hit me up skype: nikkimontero

                                                Comment

                                                • mrjoost
                                                  Registered User
                                                  • Aug 2004
                                                  • 9

                                                  #25
                                                  Hey Guys,

                                                  For temporary reactivation just email compliance[at]verotel.com and we will
                                                  reactivate your account if you convince us the account is not unused.

                                                  And of course we will pay every penny.
                                                  warm regards,


                                                  Joost Zuurbier
                                                  Verotel Merchant Services BV
                                                  --------------------------------------
                                                  Verotel
                                                  Trusted since 1998

                                                  Comment

                                                  • Hentaikid
                                                    Confirmed User
                                                    • Nov 2002
                                                    • 1250

                                                    #26
                                                    Well, I got my temporary reactivation, let's see if I can do something with it.

                                                    Comment

                                                    • benherover
                                                      Confirmed User
                                                      • Apr 2007
                                                      • 53

                                                      #27
                                                      Originally posted by mrjoost
                                                      Hey Guys,

                                                      For temporary reactivation just email compliance[at]verotel.com and we will
                                                      reactivate your account if you convince us the account is not unused.

                                                      And of course we will pay every penny.
                                                      warm regards,


                                                      Joost Zuurbier
                                                      Verotel Merchant Services BV


                                                      I'm in Los Angeles and emailed you guys hours ago and have not heard back. Not good.

                                                      Comment

                                                      • bean-aid
                                                        So Fucking Banned
                                                        • Jun 2011
                                                        • 16493

                                                        #28
                                                        Originally posted by benherover
                                                        I'm in Los Angeles and emailed you guys hours ago and have not heard back. Not good.
                                                        They are 6 hours ahead EST, so 9 hours ahead PST

                                                        Comment

                                                        • benherover
                                                          Confirmed User
                                                          • Apr 2007
                                                          • 53

                                                          #29
                                                          Here in LA name dropping usually doesnt help. In this case I emailed them copies of Joosts text from this thread and I got a response in about 8 minutes. Paul from Verotel emailed back and aked me to confirm my site ID. I emailed him and a few minutes later he emailed back confirming the billing services were live. Whew!

                                                          The timing could be sheer coincidence but Im glad I checked this board!

                                                          Comment

                                                          • benherover
                                                            Confirmed User
                                                            • Apr 2007
                                                            • 53

                                                            #30
                                                            If any of you guys want to check out the website is questions its http://ready2burst.com . Its Wordpress on the front end with a custom built video-on-demand software package on the backend. Users pay each clip individually. There is no monthly fee or recurring billing. Add videos to the cart and then click checkout. You will see the cart data gets passed to verotel(using their flexpay) for billing processing. With a successful billing transaction verotel send the user back to the website and they can login(using php protected rewrite rules) to the videos they purchased.
                                                            Last edited by benherover; 04-19-2012, 03:52 PM.

                                                            Comment

                                                            • Shedevils
                                                              Confirmed User
                                                              • Jun 2010
                                                              • 514

                                                              #31
                                                              What about those guys who were already paying the Verotel $1000 Mastercard fee?

                                                              Comment

                                                              • SilentKnight
                                                                Megan Fox's fluffer
                                                                • Oct 2005
                                                                • 24818

                                                                #32
                                                                Originally posted by mrjoost
                                                                Hey Guys,

                                                                For temporary reactivation just email compliance[at]verotel.com and we will
                                                                reactivate your account if you convince us the account is not unused.

                                                                And of course we will pay every penny.
                                                                warm regards,


                                                                Joost Zuurbier
                                                                Verotel Merchant Services BV
                                                                Email sent. Hopefully can get our account(s) reactivated shortly.

                                                                Comment

                                                                • rowan
                                                                  Too lazy to set a custom title
                                                                  • Mar 2002
                                                                  • 17393

                                                                  #33
                                                                  I presume this only applies to merchants, not ticketsclub? I have a couple of dinky little sites which barely make beer money, wondering if they're about to be cut off.

                                                                  Comment

                                                                  • rowan
                                                                    Too lazy to set a custom title
                                                                    • Mar 2002
                                                                    • 17393

                                                                    #34
                                                                    While we're at it... how on earth do you determine what you're currently owed?

                                                                    - Payment list only shows past payments, not any future pending/held payments

                                                                    - Transaction list does not let you select greater than a one month's period

                                                                    - Manually loading 100+ individual invoices (it's been a while) and adding up the totals does not really appeal to me


                                                                    A summary that could cover several months or even years showing the total for each invoice plus either payout amount OR the cumulative total held below minimum payment, for each invoice, would be really nice.

                                                                    Comment

                                                                    • Jakez
                                                                      Confirmed User
                                                                      • Jan 2004
                                                                      • 5656

                                                                      #35
                                                                      I've got a ticketsclub account that only generates like $300/mo. Haven't gotten this email..
                                                                      [email protected] - jakezdumb - 573689400

                                                                      Killuminati

                                                                      Comment

                                                                      • raymor
                                                                        Confirmed User
                                                                        • Oct 2002
                                                                        • 3745

                                                                        #36
                                                                        Originally posted by benherover
                                                                        If any of you guys want to check out the website is questions its http://ready2burst.com . Its Wordpress on the front end with a custom built video-on-demand software package on the backend. Users pay each clip individually. There is no monthly fee or recurring billing. Add videos to the cart and then click checkout. You will see the cart data gets passed to verotel(using their flexpay) for billing processing. With a successful billing transaction verotel send the user back to the website and they can login(using php protected rewrite rules) to the videos they purchased.

                                                                        CCBill now offers a similar service. Converting shouldn't be difficult if the.code was well written in the first place.
                                                                        For historical display only. This information is not current:
                                                                        support@bettercgi.com ICQ 7208627
                                                                        Strongbox - The next generation in site security
                                                                        Throttlebox - The next generation in bandwidth control
                                                                        Clonebox - Backup and disaster recovery on steroids

                                                                        Comment

                                                                        • xxxman2
                                                                          Registered User
                                                                          • May 2003
                                                                          • 61

                                                                          #37
                                                                          Originally posted by mrjoost
                                                                          Hey guys,

                                                                          There was no advance notice because in this case MasterCard didn't want
                                                                          to give us notice - the accounts were just too small. Most of them were
                                                                          processing less than US$ 10 a week.

                                                                          If we would give notice, MasterCard would still bill us for these unused
                                                                          accounts. Of course we tried to mitigate in this but we have to play with
                                                                          the rules and regulations of MasterCard Corporation.

                                                                          Comment on Ron Bennett's remark about warning signs: as mentioned
                                                                          in my previous posting MasterCard will impose new registration rules
                                                                          and procedures for submerchants and webmasters that are currently
                                                                          connected to IPSPs and Payment Institutes like ourselves.

                                                                          Their request is to gain more transparancy - and to receive more income.

                                                                          We are currently in a lenghtly negotiation process but to repeat myself:

                                                                          "Quick note on fees is that the entire industry will undergo some
                                                                          dramatic changes in the next 6 months when MasterCard will make
                                                                          it mandatory for all MasterCards acceptants, including all webmasters,
                                                                          to register their identification and websites. This will effect all
                                                                          IPSPs including our competitors, but also IPSPs like Paypal.
                                                                          With such registration MasterCard will impose a fee."

                                                                          For any of these coming changes we know we can give enough notice.
                                                                          And everyone can compare notes with the competitors since these
                                                                          changes will affect everyone.

                                                                          Kind regards,



                                                                          Joost Zuurbier
                                                                          Verotel Merchant Services BV
                                                                          CEO
                                                                          I make more than 100 EUR per week with my account, why my account got terminated?

                                                                          Comment

                                                                          • nikki99
                                                                            Supermodel
                                                                            • Nov 2004
                                                                            • 23087

                                                                            #38
                                                                            I see a very small website/account is re-activated , how long it will be activated? till what date? when is the final day to pay for the fee?

                                                                            sent an email

                                                                            please reply
                                                                            Last edited by nikki99; 04-20-2012, 04:52 AM.
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