CCBILL to charge $500 now

Q. I have a high risk account and I don?t want to pay the fee, how do I opt-out of MasterCard acceptance?

A. Please contact CCBill Merchant Support for assistance with cancelling your MasterCard service.

Q. I have elected not to continue accepting MasterCard for payment; do I have to do anything to my payment forms to remove the feature?

No. Once you have opted out of MasterCard acceptance we will remove the MasterCard logo from all of your CCBill payment forms automatically.

Q. I am discontinuing MasterCard processing on my account. What will happen to my existing subscriptions that pay with MasterCard?

Consumer subscriptions with recurring payments billed to MasterCard will be cancelled if you do not pay the MasterCard registration fee.






http://www.ccbill.com/cs/mc_faq.htm

they tried before, but damianJ alters the reality thanks to his magic power.

Think about all the things you can use your credit card for. Trust me, Visa and MC do not give a FUCK about adult or probably any high risk processing really. It's a blip on the radar and a tiny one at that.

Yep we are probably less than 5 percent of all processing.thats why amex dumped us it wasnt worth it.

Well, I'm surprised mastercard even took this long to implement this fee. Visa has been doing it for years. Easiest form of business, copy your competitors. Just wait and see, over time, these visa and mastercard fees will increase. Business 101, pass the cost onto the consumer. Raise the price of memberships. Problem solved.

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

Yes this is no good news for ccbill (or Epoch) as this is less sites, not more, willing to use ccbill or epoch.

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

Really? So you couldn't find a job doing anything else?

You know, my ex-partner owns several businesses and properties that he bought with the money he made in porn. He didn't seem to have any problem with achieving things outside of porn.

I know a lot of owners in this business, and every one of them are sharp, bright people who would be successful in most anything they do.

I like you just fine Mr. Peabody...but if you really think that all your peers are that stupid, I don't know what to say to that.

Generalizations like that just don't hold a lot of water to me.

And usually folks who make that "Everybody in adult is stupid" comment usually leave the unspoken "EXCEPT ME" part out.

Newsflash: There are a LOT of guys in this business who can run circles around you with half their brains tied behind their backs. I never underestimate people.

So the TLDR version of this is that if you are already processing MC they are just going to deduct the $500 and that's it?

Excellent post #69, Robbie.

Fuck it

Robbie, I was not really talking about people you describe: actual businessmen (and women) who, I agree totally, can do what you say and are brighter than most. I aspire to be one of those one day but more on that in a second. I was actually referring to most of the fucktards who clutter up this business with their unethical ways, their personal carelessness, etc. Adult is often a last stop for such desperate scammers. I did NOT mean the kind of person who attends XBiz.

(It's an old expression, "This business is filled with people.....etc." I remember it from my music biz days. LOL)

There are many, many levels in today's porn world. The entry to online porn is next to nothing, which is how I was able to get started. But you have everything today from one-man shows to major worldwide companies. I'm more familiar with the "little guy" who barely knows how to turn on a computer, like me. Sorry if I offended.

Intelligence and business acumen aside, solutions to the issues discussed here on GFY seem few and far between. What are the best minds in this business actually DOING to change the current climate? I'd like to know so i can support them.

I just see people say that all the time. And I have to wonder if they have ever dealt with other businesses.

For instance...I hear how the porn industry is full of drugs from people on GFY.
But it's NOTHING compared to what happens in the music business. Or ANY other form of the entertainment industry.
And my youngest brother is a car salesman. They make the music industry look like boy scouts when it comes to drugs, whores, and alcoholism.
But you get fucking geeky mama's boys on here who THINK the porn industry is full of Keith Richards types because they themselves still live at home with mama and daddy and have never had a good time in their miserable lives.
It's a goddamn joke.

Then I see the posts about how the porn industry is full of "scammers". And again...EVERY industry is full of that. I could point once again to my own experience in the music industry or the fact that every one of you who has ever bought a new car has been loaded up with thousands of dollars of shit you didn't even realize you bought (backend "product") when you bought your car. I take my brother with me when I buy new cars and you would all be shocked at the money I save by having my own personal "car lawyer" (my brother).

I just don't like seeing the continuing put down of our own industry by those that are supposed to be a part of it. After a while it just looks dumb.

The adult industry is 99% bright and honest people. Just like any other industry. And yes, it does have it's bad apples just like every other industry.

In my opinion it's a lot "cleaner" than the majority of businesses out there.

Well, it's an amazingly simple business, when you think about it: sell sexual images and videos to (mostly) men who crave ejaculation. But as free porn continues to drown us all it's getting harder and harder to figure out how to sell what used to be easy to sell.

I do often wonder if the smart ones in this business were the ones who sold and got out back in 2007 or so.