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Discuss what's fucking going on, and which programs are best and worst. One-time "program" announcements from "established" webmasters are allowed. |
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#1 |
Confirmed User
Join Date: Oct 2002
Posts: 159
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Ibill making even more profit on VISA regs
I saw an AP article by Rachael Konrad today that says the visa fee's are 500 one time plus 50 yearly .. Not the 750 and 375 yearly that ibill specified when they socked it to us. I know some of that they were keeping but I thought it was only like 250 and 125 yearly. I the current amounts are true that means there making an extra 200 per client per year even over that.. ibill sucks
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#2 |
Fuck Checks, CASH only!
Join Date: May 2002
Location: New York City
Posts: 19,422
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old news, next case please
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#3 |
Confirmed User
Join Date: Oct 2002
Location: Southcoast, Mass.
Posts: 1,521
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And for that $50 or $250 they have to report to Visa each month with figures on sales, chargebacks, etc, and if they don't, they're subject to massive fines.
I believe Visa stated it was $750 with $500 being paid to Visa the first year. $20+ a month to do all that paperwork? Doesn't sound outrageous
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#4 |
Confirmed User
Join Date: Sep 2002
Location: Oakville, Canada
Posts: 9,134
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I do believe that whatever fees are paid on top of Visa's go to their aquiring bank and not to iBill.
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Free agent |
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#5 |
Confirmed User
Join Date: Apr 2003
Posts: 1,360
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Ibill is still in business?
Z |
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#6 |
Confirmed User
Join Date: Mar 2002
Location: South Florida
Posts: 6,580
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Ibill who?
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#7 | |
Confirmed User
Join Date: Mar 2003
Location: Copenhagen
Posts: 274
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Quote:
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#8 |
Confirmed User
Join Date: Oct 2002
Location: South Florida
Posts: 283
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well I make a nice chunk of change off the stock over that last 6 weeks.
Masturbation Man |
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#9 |
Confirmed User
Join Date: Mar 2002
Location: CA
Posts: 3,218
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whats the ticker on ibill stock?
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