CCBILL to charge $500 now

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.

You found me out.

I think you are realy James Brown the singer.

No

I am DamianJ.

I think you are Paul.

Its like saying we should all pay more tax.

Lets break this down. MC are asking us to pay $500. Can I ask are they asking non porn sites for $500? If not, why not?

Sure, I know some of you will be thinking that its worth paying as it will put others out of business who cannot afford it or willing to pay for it.

Why not make it $5000 or $50000.

Exactly, why not $50,000? Can't afford it?

Then maybe you should just work at McDonalds.

Durpty durpty durp...

I think it should be $500000 a week and a kick in the face every Friday.

Will be there a poll like for Epoch "will you drop CCBill due to MasterCard fees" ?

I spoke with an attorney years back who specializes in Class Action suits against credit card companies.

His assessment was that the high risk fees were absolutely actionable and it would be a slam dunk to get every dime refunded in a class action suit.

BUT

The downside is that Visa (and now MC) would most likely stop processing for adult

Verotel doesnt charge the fees which is confusing if this is a mc/visa thing.

I hardly think they would as it would loose them millions.

Why cannot ccbill set up there own credit card business as they must have the funds to do this.

Thanks for the old news we havent been waiting for because we already knew about it. Groundbreking.

So wtf changed that until now there were no fees and now they are suddenly here? Maybe their advice is to raise membership cost or simply give all content for tubes, for free.

I think it's a U.S. Visa and MC charge.

Zombaio doesn't charge those fees either.

As far as I can tell, it's just U.S. based banks that do.

So I have to pay it on my merchant account (because I deliberately chose a U.S. bank for it), but not on my Zombaio processing because they are European (at least so far it's not being done)

But at least with my U.S. processing my money is going straight into my bank account and not being screwed with by a third party processor and making THEM rich (CC Bill for instance)

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