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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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Old 07-17-2003, 02:54 PM   #1
mrudolf
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:2cents IPSP/Mastercard

URGENT: MasterCard Compliance Information



MasterCard has recently announced significant new requirements for merchants who use IPSPs to accept MasterCard as a form of payment. These requirements affect iBill as well as all IPSPs. iBill has developed a solution that has been accepted by MasterCard and will allow our merchants to continue to accept MasterCard as a payment type.



The purpose of this notice is to notify iBill clients that we will be hosting a web cast on Wednesday, July 23 from 6:00 to 7:00 PM eastern time to communicate these changes. The web cast will serve as a forum during which iBill will outline the MasterCard requirements, explain the impact to clients and demonstrate how clients become MasterCard compliant in the new operating environment. iBill is committed to supporting our customers through the compliance process. Following the web cast, iBill clients can expect comprehensive ongoing communication including access to a compliance discussion forum on our iBill Website. As soon as the details related to the web cast are determined, you will be notified as to how you can participate.



Please understand that we are not prepared at this time to offer details of the requirements or the iBill solution via customer service, client service, sales, or CMI. Calls to us at this time will not result in additional information beyond what is being shared here. iBill is working diligently to prepare our service and sales associates to address your questions following the web cast. We ask that at this time our clients reserve their inquiries regarding this matter; detailed information will be made available at the time of the web cast. Until then, we urge you to participate in the web cast as a means of receiving the most current information possible.



iBill has put forth considerable effort and resources to negotiate a viable alternative for our clients to ensure they can continue to accept MasterCard as a payment type. We look forward to sharing the details of that effort with our merchants next week. We thank you for your patience as we work though this issue.



iBill

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Old 07-17-2003, 03:09 PM   #2
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Any more information on these changes?
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Old 07-17-2003, 03:10 PM   #3
mrudolf
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will be on Wednesday, July 23 from 6:00 to 7:00 PM
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Old 07-17-2003, 03:24 PM   #4
shunga
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A vague idea in advance would be useful.
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Old 07-17-2003, 03:27 PM   #5
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i was just about to post the same email.
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Old 07-17-2003, 03:27 PM   #6
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Corporate communications to clients at its finest.

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Old 07-17-2003, 04:02 PM   #8
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That's a pretty ominously worded dispatch.

I've heard a rumour it will mean personal certification by MC with a signature for liability.
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Old 07-17-2003, 04:05 PM   #9
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Last Thursday I got an email and a phone call from rep at iBill to alert me that they were sending out important MasterCard compliance info that Friday. They didn't send it out on Friday because they appearently thought it might get lost in the hubbub caused by Epoch announcement regarding Visa's 1% rule, but they said it would go out on Monday. On Tuesday I email iBill to find out what happened to the MasterCard announcement. I get a response back this morning saying they were sending them out today. A few minutes ago I check my email and get the same message posted above, which basically says I have to wait another week for some webcast to find anything out. Needless to say I'm getting rather annoyed by this point.

IBill obviously knows what the coming changes are, why we have to wait for some webcast to find out, doesn't make any sense. I don't want to have to take notes as some guy mumbles into a bad microphone. What do I need with a webcast? I just want to know what I'm going to have to do to accept MasterCard, and the sooner I know it the better.

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Old 07-17-2003, 05:17 PM   #10
quiet
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the new ibill forum they're setting up is going to be very interesting
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Old 07-17-2003, 05:33 PM   #11
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Quote:
Originally posted by quiet
the new ibill forum they're setting up is going to be very interesting
If it's a two way webcast it could be the entertainment event of the summer.
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Old 07-17-2003, 05:40 PM   #12
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I'm waiting for the first post about how this is a good thing for the industry and how it's good that someone is finally cleaning up, etc.

In fact, the day that Visa/MC drop adult processing, some genius will make that same post.
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Old 07-17-2003, 06:16 PM   #13
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Originally posted by Mr.Fiction
I'm waiting for the first post about how this is a good thing for the industry and how it's good that someone is finally cleaning up, etc.

In fact, the day that Visa/MC drop adult processing, some genius will make that same post.
Too true.

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Old 07-17-2003, 06:21 PM   #14
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Old 07-17-2003, 10:55 PM   #15
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Quote:
Originally posted by EscortBiz
Well before the webcast here is something to prepare you

http://www.mastercard.com/ipsp/reg9901.asp

What was the info on this link? Seems MAstercard does not want anyone to read it. Link loads a pic
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Old 07-18-2003, 12:22 AM   #16
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Quote:
Originally posted by andi_germany



What was the info on this link? Seems MAstercard does not want anyone to read it. Link loads a pic
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