when American Express stopped processing porn ? - GoFuckYourself.com

polish_aristocrat · 07-13-2003, 09:32 AM

when American Express stopped processing internet porn and what were the exact reasons for it ?

anyone remember ?

( it seems like I am to much afraid about the VISA rules and the idea what further steps they could take, but hey, I really don't want to be an EU official ! )

BRISK · 07-13-2003, 09:38 AM

I think it was around July 2000 that American Express stopped processing for adult.

justsexxx · 07-13-2003, 09:41 AM

Posted
03:00 AM May. 26, 2000 PT

http://www.techtv.com/cybercrime/vic...003132,00.html

Andre

BRISK · 07-13-2003, 09:41 AM

I remember reading at the time that their reasons for not processing adult anymore were because of excessively high chargebacks in the industry.

justsexxx · 07-13-2003, 09:42 AM

OH BTW the exact date they stopped was

Since May 1, American Express has been rolling out a new policy: It will no longer cover transactions from adult Web sites. American Express spokeswoman Joanne Fisher said the credit card company has just begun the process of notifying their merchant clients of the decision.

Andre

polish_aristocrat · 07-13-2003, 09:51 AM

Quote:

Originally posted by BRISK
I remember reading at the time that their reasons for not processing adult anymore were because of excessively high chargebacks in the industry.

was there a max. cb rate like 2.5% or 5% before they stopped ?

they said:

"We worked with merchants in the adult content industry for about a year and looked at various ways that we could bring down the customer dispute rates," she argues. "When the rates did not come down, we made the decision to have an industry-wide policy."

Visa is also "working with merchants" and trying to "bring down the customer dispute rates"now ...

XYCash · 07-13-2003, 09:53 AM

supposedly there are discussions going on with them to bring them back into adult processing.

polish_aristocrat · 07-13-2003, 11:00 AM

Quote:

Originally posted by XYCash
supposedly there are discussions going on with them to bring them back into adult processing.

that's good news

SpaceAce · 07-13-2003, 12:12 PM

This is just another reason why we need alternative payment methods. When your credit card company won't let you charge online gambling fees to your card, you go through Netteller or another third party service. We need an internet-wide standard third party financial solution for people who want to join our adult sites.

SpaceAce

Kimmykim · 07-13-2003, 12:13 PM

they stopped years ago. their risk management simply was not able to control the adult portfolio.

Sausage · 07-13-2003, 12:25 PM

In other words adult companies ripped the surfer off, Amex had to handle too many chargebacks and decided it's not worth it. Seen that before

Kimmykim · 07-13-2003, 12:36 PM

Quote:

Originally posted by Sausage
In other words adult companies ripped the surfer off, Amex had to handle too many chargebacks and decided it's not worth it. Seen that before

Their card number sequences were just too easy to manipulate. Adult just happens to be the thing that pays so of course it was a problem.

stocktrader23 · 07-13-2003, 12:39 PM

Quote:

Originally posted by SpaceAce
This is just another reason why we need alternative payment methods. When your credit card company won't let you charge online gambling fees to your card, you go through Netteller or another third party service. We need an internet-wide standard third party financial solution for people who want to join our adult sites.

SpaceAce

You know, I thought about doing this at one time. Then I remembered how much I despise paperwork and actually working so I changed my mind.

Sausage · 07-13-2003, 12:40 PM

Yeah good point, but Visa won't be an option soon, so adult will have to look at other avenues. I know of 5 companies which are working on their own 'secret not to be told to anyone' processors to get around the visa regs. It's a true quality of the adult industry that we all see bad times as an opportunity for profit

Sly_RJ · 07-13-2003, 12:45 PM

Quote:

Originally posted by SpaceAce
This is just another reason why we need alternative payment methods. When your credit card company won't let you charge online gambling fees to your card, you go through Netteller or another third party service. We need an internet-wide standard third party financial solution for people who want to join our adult sites.

SpaceAce

I've been saying that for a while now.

I joined Party Poker the other day and they let me use ePassporte.

pimplink · 07-13-2003, 12:50 PM

Quote:

Originally posted by Sausage
Yeah good point, but Visa won't be an option soon, so adult will have to look at other avenues. I know of 5 companies which are working on their own 'secret not to be told to anyone' processors to get around the visa regs. It's a true quality of the adult industry that we all see bad times as an opportunity for profit

ARS is unveiling theirs soon. Its a variant of the micropayment dialer model.

pimplink · 07-13-2003, 12:51 PM

Is there a model that does not use the rebill method at all?

scooby doo as scooby does · 07-13-2003, 12:59 PM

Quote:

Originally posted by XYCash
supposedly there are discussions going on with them to bring them back into adult processing.

That doesn't surprize me at all. Fucking stupid decision based on short term woes. Every day that goes by and they arn't involved makes it harder for them to become one of the de-facto standard cards for online purchases. Too many surfers buy porn who also buy non-adult stuff off the web for it not to hurt them in the long run.

That, incidentally, is why I think the doom mongers who say VISA will just pack up adult processing are wrong. I have no special insight or secret knowledge about this

I just think online non-adult purchases per se are going to sky rocket over the coming years. It would be a very stupid, short sighted credit card company who didn't want their card to at least have a chance of being 'the online card'. And 'the online card' must include being able to buy porn which is what ? 70% of all online purchases currently ?. I know when I buy online, for example, my recent online purchase of a lawnmower, I didn't even consider the amex. It just stays at the back of me wallet mouldering now since I can't buy content with it.

NETbilling · 07-13-2003, 03:22 PM

Otto, Andrew Edmonds and myself did a TV show and article for Cybercrime - TechTV in 2000 regarding Amex and their decision.

You can read it here:

http://www.techtv.com/cybercrime/vic...003240,00.html

and here:

http://www.techtv.com/cybercrime/vic...003132,00.html

I have been speaking with exec at Amex about maybe allowing some merchants with thier own accounts and low chargebakcs to process again but we have not settled on anything yet.

Mitch

polish_aristocrat · 07-14-2003, 09:53 AM

Quote:

Originally posted by SpaceAce
This is just another reason why we need alternative payment methods. When your credit card company won't let you charge online gambling fees to your card, you go through Netteller or another third party service. We need an internet-wide standard third party financial solution for people who want to join our adult sites.

07-13-2003, 09:32 AM	#1
polish_aristocrat Too lazy to set a custom title Join Date: Jul 2002 Posts: 40,377	when American Express stopped processing porn ? when American Express stopped processing internet porn and what were the exact reasons for it ? anyone remember ? ( it seems like I am to much afraid about the VISA rules and the idea what further steps they could take, but hey, I really don't want to be an EU official ! ) __________________ I don't use ICQ anymore.

07-13-2003, 09:38 AM	#2
BRISK Too lazy to set a custom title Join Date: Feb 2003 Posts: 12,240	I think it was around July 2000 that American Express stopped processing for adult. __________________ I post on GFY so that when people ask me what I do, I can tell them that I work with the mentally retarded.

07-13-2003, 09:41 AM	#3
justsexxx Too lazy to set a custom title Join Date: Aug 2001 Location: The Netherlands Posts: 13,723	Posted 03:00 AM May. 26, 2000 PT http://www.techtv.com/cybercrime/vic...003132,00.html Andre __________________ Questions? ICQ: 125184542

07-13-2003, 09:41 AM	#4
BRISK Too lazy to set a custom title Join Date: Feb 2003 Posts: 12,240	I remember reading at the time that their reasons for not processing adult anymore were because of excessively high chargebacks in the industry. __________________ I post on GFY so that when people ask me what I do, I can tell them that I work with the mentally retarded.

07-13-2003, 09:42 AM	#5
justsexxx Too lazy to set a custom title Join Date: Aug 2001 Location: The Netherlands Posts: 13,723	OH BTW the exact date they stopped was Since May 1, American Express has been rolling out a new policy: It will no longer cover transactions from adult Web sites. American Express spokeswoman Joanne Fisher said the credit card company has just begun the process of notifying their merchant clients of the decision. Andre __________________ Questions? ICQ: 125184542

07-13-2003, 09:53 AM	#7
XYCash Confirmed User Join Date: Jun 2003 Location: here and there Posts: 582	supposedly there are discussions going on with them to bring them back into adult processing. __________________ XYCash Gay Affiliate Programs - Making Money For Webmasters Since 1999 - click here to sign up

07-13-2003, 12:12 PM	#9
SpaceAce Confirmed User Join Date: Jul 2002 Location: Magrathea Posts: 6,493	This is just another reason why we need alternative payment methods. When your credit card company won't let you charge online gambling fees to your card, you go through Netteller or another third party service. We need an internet-wide standard third party financial solution for people who want to join our adult sites. SpaceAce

07-13-2003, 12:13 PM	#10
Kimmykim bitchslapping zebras!!!!! Industry Role: Join Date: Jun 2001 Location: In a shack by the beach Posts: 16,015	they stopped years ago. their risk management simply was not able to control the adult portfolio.

07-13-2003, 12:25 PM	#11
Sausage Confirmed User Join Date: Oct 2002 Location: Australia Posts: 3,012	In other words adult companies ripped the surfer off, Amex had to handle too many chargebacks and decided it's not worth it. Seen that before __________________ IW Skype : blance8888 Icq : 15567120

07-13-2003, 12:40 PM	#14
Sausage Confirmed User Join Date: Oct 2002 Location: Australia Posts: 3,012	Yeah good point, but Visa won't be an option soon, so adult will have to look at other avenues. I know of 5 companies which are working on their own 'secret not to be told to anyone' processors to get around the visa regs. It's a true quality of the adult industry that we all see bad times as an opportunity for profit __________________ IW Skype : blance8888 Icq : 15567120

07-13-2003, 12:51 PM	#17
pimplink Confirmed User Join Date: Jun 2001 Location: Closer than you think Posts: 9,535	Is there a model that does not use the rebill method at all? __________________ Need Mainstream Content and SEO? SEO * Website Copy * Blogs Blogging - PR Work - Forum Marketing - Social Marketing - Link building - Articles 100% Guaranteed Content!

07-13-2003, 03:22 PM	#19
NETbilling Confirmed User Industry Role: Join Date: Jan 2002 Location: Huntington Beach, CA Posts: 8,591	Otto, Andrew Edmonds and myself did a TV show and article for Cybercrime - TechTV in 2000 regarding Amex and their decision. You can read it here: http://www.techtv.com/cybercrime/vic...003240,00.html and here: http://www.techtv.com/cybercrime/vic...003132,00.html I have been speaking with exec at Amex about maybe allowing some merchants with thier own accounts and low chargebakcs to process again but we have not settled on anything yet. Mitch __________________ Mitch Farber CEO - NETbilling, Inc. Email / Phone: 888-357-8166 / 661-252-2456 Transaction processing & 24/7 call center services with exceptional rates and flexibility, since 1998!