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- Fucking Around & Business Discussion (https://gfy.com/forumdisplay.php?f=26)

- - CCBILL to charge $500 now (https://gfy.com/showthread.php?t=1103279)

Jel	03-18-2013 04:10 AM

Quote:

Originally Posted by Robbie (Post 19533038)

Not many businesses are very complicated.

Unless you're a thermo-nuclear scientist or a brain surgeon...all it really takes is a bright guy with a lot of drive and ambition to rise to the top of most anything they want.

As Thomas Edison said: "Genius is one per cent inspiration and ninety-nine per cent perspiration. Accordingly, a 'genius' is often merely a talented person who has done all of his or her homework."

:thumbsup

and to add:
ALL industries are full of alkies,druggies,assholes, scammers, etc, we are NO different. It's like those people who say they expect no morals in the adult biz, ugh, I hate that shit. :2 cents:

OldJeff

03-18-2013 04:42 AM

Quote:

Originally Posted by Jel (Post 19532299)

ccbill losing money on sites that don't cover the 500, not MC

Thanks Jel, RIF

Correct, what possible reason could there be for CCBill to pass along this fee, Mastercard is billing them.

Christ, If you run a hardware store, you pay rent, or own the building, everyone opening a McDonalds pays a franchise fee.

Bottom line, Mastercard says FUCK YOU, pay me, you have 2 choices, pay it, or do not process Mastercard

Endless bitching and moaning on GFY is nor going to change it.

Biggest problem with this biz, Not piracy, not tubes, it is the entry cost is too low so it is filled with "businessmen" making beer money that think they are ballers.

OldJeff

03-18-2013 04:43 AM

Quote:

Originally Posted by alias (Post 19533071)

2013 and people still believe it is a fee from the card companies, lulz.

google, you can get the info direct from Mastercard

ShowMe69

03-18-2013 04:56 AM

Just like any other biz, the cost is passed on to the customer

rednet

03-19-2013 11:08 AM

maybe ccbill just got the BIG fine from mastercard? for processing filehosts, for example

http://m.gfy.com/showthread.php?t=1063640&page=1

so filehosts get the profit and "innocent" adult business has to pay fines
credit card companies charge huge fines for breaking rules by processing companies... its a well-known fact... easy to get $500,000 fine being caught for doing something against rules

HelmutKohl

03-19-2013 12:51 PM

Discover Card is next to introduce $500 Discover Fee :thumbsup Diners Card, too...

BNMedia

03-19-2013 01:38 PM

I'm probably going to pay the fee to Epoch as I would loose a shit load of MasterCard re-bills. However, I don't see anywhere in my CCBill admin to check how many MasterCard subscriptions I have and thought fuck it, I'm not paying MC twice. So I contacted CCbill yesterday with my notice to opt-out of processing MasterCard with them.
Disappointingly I've not had any response from them yet, which kind of reassures me that I use Epoch as primary for the right reasons!

BFT3K

03-19-2013 01:42 PM

Quote:

Originally Posted by BNMedia (Post 19535803)

500 Euros p/year covers BOTH Visa AND MasterCard through Verotel. :2 cents:

BNMedia

03-19-2013 01:53 PM

Quote:

Originally Posted by BFT3K (Post 19535810)

500 Euros p/year covers BOTH Visa AND MasterCard through Verotel. :2 cents:

I have a Verotel Premium account and have discussed the MC topic with them and they did confirm that there will be no additional fee.
However, small merchants can easily get stung with them. If you fall under ?1000 (Euros) per week with a Premiere account you pay a ?25 p/w fee. If you consistently process lower than ?1000 per week then you can change to a Verotel Basic account which has no fee, provided you process over ?100 p/w. The sting with the Verotel basic account is that processing charges are 15.5% initial and 17% on recurring subscriptions (initial rate plus 1.5%)
So could be a good choice for some but definitely not for all.

Robbie

03-19-2013 02:27 PM

Quote:

Originally Posted by BNMedia (Post 19535827)

The sting with the Verotel basic account is that processing charges are 15.5% initial and 17% on recurring subscriptions (initial rate plus 1.5%)
So could be a good choice for some but definitely not for all.

HOLY SHIT!!!

Get yourself a merchant account. That is just highway robbery.

BNMedia

03-19-2013 03:15 PM

Quote:

Originally Posted by Robbie (Post 19535873)

HOLY SHIT!!!

Get yourself a merchant account. That is just highway robbery.

Yes, for sure.

Since my last statement regarding opting out of MC with CCBill I have spoken with a rep on live chat and discovered that I can in fact view a break down of card payment types to see who has used MasterCard.
Annoyingly I see that I have a very large number of MasterCard recurring subscriptions so it looks like I am going to have to pay the fee to avoid losing those!
So that's $1000 I have to give to MC via CCBill and Epoch just to keep my recurring subscriptions!
Even if I got a Merchant account I would still need to pay the fee's or finish up losing more in the long run. Catch 22!
Cheers!!! :(

SwirlsGirl

03-22-2013 11:02 PM

Quote:

Originally Posted by corvette (Post 19531181)

they make like 13% off of the sales, and after hard costs, straight overhead, etc, they make 1-3% profit, so they may need to have clients do 17-50k in MC sales just to break even on the $500 cash they have to pass over to MC

now consider that MC is maybe 32% or so of total sales, they would just break even (no profit) off of MC sales for clients that do 50k-150k in processing a year

im probably off a few % here and there above, but id be suprised if any US processor can legitimately eat that fee across the board

those percentages tell the real story...zero in on the percentages...and things are revealed

shoot2thrill

03-23-2013 01:29 PM

Quote:

Originally Posted by BFT3K (Post 19531113)

That's a pretty idiotic statement. Nobody wants EXTRA fees, no matter if they can afford them or not.

The idea that Visa wants $750 as an application fee for a start-up is already absurd, but then when they want AN ADDITIONAL $750 p/processor to re-evaluate THE SAME SITES a second, third, forth time, is nothing short of extortion.

And now MasterCard wants some of the phony pie too, and some people want to mock small programs, rather than fight the greed?

I'll pay the stupid $500, but I don't want to, and I think it's a fucking greedy grab.

If the powers-that-be tell you that you now have to pay an extra $500 a year for your driver's license renewal, are you supposed to be happy about it?

In NJ we have a $600 p/year Corporate Business Tax, which simply allows you to be a business in the sate of NJ. You have to pay it, but you don't have to be happy about it.

The biggest problem in this idiotic business is everyone talks tough, but in the end everybody here just bends over like spineless assholes.

Oh look, tube sites steal our content and fuck us over, what should we do? Oh, I know, we should create our own tube sites and do more of the same.

Oh look, another credit card company wants to steal another $500 from me, that's cool, maybe I should also make fun of everyone else they are fucking over too, in another gutless act of sacrificial solidarity.

Pathetic.

exactly

/thread

SwirlsGirl

03-23-2013 03:13 PM

Quote:

Originally Posted by MisterPeabody (Post 19532521)

I think you're off on the percentage of MC transactions. For me, for my accounts, it's 18%. Studies I've seen online regarding adult MC transactions compared to Visa is around 17%. Of course, some sites will do more, some less...

Also, the more volume you do with CCBill the less they take, so anything over 5k they take 13%, anything over 100k they take 12%, etc. I think 11% is the lowest but I wouldn't be surprised if some major companies get an even better deal.

I also often wonder if a company like CCBill re-invests profits, or take profits and grows them from other investments, making their overall profit margin (and the revenue generated) larger. Make your money work for you. LOL

Why some European processers are not charging the fee (yet) makes me think they feel they can't or they would lose out to CCBill, etc. NOT charging is an advantage for them maybe.

QFT. I've always said this business consists of people who couldn't get a job doing anything else. Throw in drugs, financial desperation, psychological problems, abused personalities, greedy criminals who hate themselves and the world and you get an industry filled with bad decisions. But hey, did you think Adult was filled with honorable people doing their best to make the world a better place? LOL

Peabody now that was spot on and funny! Kudos!

Some Guy

03-23-2013 03:24 PM

Quote:

Originally Posted by BFT3K (Post 19531113)

Oh look, tube sites steal our content and fuck us over, what should we do? Oh, I know, we should create our own tube sites and do more of the same.

I'm glad I'm not the only one who sees this.

:thumbsup

alias

03-23-2013 03:55 PM

Quote:

Originally Posted by OldJeff (Post 19533188)

google, you can get the info direct from Mastercard

I don't see it here: http://www.mastercard.com/us/merchan...ual_public.pdf

NETbilling

03-23-2013 06:22 PM

Quote:

Originally Posted by Robbie (Post 19535873)

HOLY SHIT!!!

Get yourself a merchant account. That is just highway robbery.

NETbilling can certainly help with your merchant account as we have thousands of adult and mainstream merchants save $$$.

BFT3K

03-26-2013 10:33 AM

I just called CCBill to find out how many MasterCard transactions took place for my sales within the last year. They said this was impossible to determine.

I then asked if they knew what percentage of CCBill sales overall, were MasterCard. Again, they said they had no system in place to make that determination.

It seems unreasonable to believe they cannot answer this question.

Semi-related, there is a chain of dollar stores in my area called Dollar Tree. The company that owns Dollar Tree also owns a chain of stores called Deals. Until very recently, neither of these chain stores accepted MasterCard. Within the last few months, most of their stores have changed policy, and now they DO accept MasterCard.

I only mention this because for YEARS this major business chain of retail products decided MasterCard was not worth accepting. This was not a niche online enterprise - it was (and is) a very big company that sells to the general public, and FOR YEARS they decided accepting MasterCard was NOT a priority for them.

Just something to think about...

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