2004 VISA Predictions - GoFuckYourself.com

Rictor · 01-20-2004, 10:49 PM

So, any rumors about credit card processing in 2004? Fees changing, chargeback ratios being enforced even more strictly, Mastercard fees, etc.?

Shoplifter · 01-20-2004, 10:58 PM

Ibill is hitting clients with card association fees. Just got the email today.

Digipimp · 01-20-2004, 10:59 PM

Higher fees and lower chargeback levels = more extortion.

EscortBiz · 01-20-2004, 11:02 PM

Quote:

Originally posted by Digipimp
Higher fees and lower chargeback levels = more extortion.

8 more to go, congrats

Digipimp · 01-20-2004, 11:03 PM

Quote:

Originally posted by EscortBiz

8 more to go, congrats

Thanks EB, I think I love you. I'm going to talk dirty to you on ICQ when I make it, and you're going to like it since I'm almost a big time player now.

DatingGold · 01-21-2004, 01:02 AM

Quote:

Originally posted by Shoplifter
Ibill is hitting clients with card association fees. Just got the email today.

Yeah they are saying anything over 1% you pay fees, even if your limit is 2% on the EU network. That pretty pathetic, I guess the good news is if you are under 1% you have nothing to worry about.

TheJimmy · 01-21-2004, 01:05 AM

Quote:

Originally posted by Digipimp
Higher fees and lower chargeback levels = more extortion.

what he said...

Pornwolf · 01-21-2004, 01:06 AM

Quote:

Originally posted by Digipimp

Thanks EB, I think I love you. I'm going to talk dirty to you on ICQ when I make it, and you're going to like it since I'm almost a big time player now.

EB is not a she.

jennycards · 01-21-2004, 01:10 AM

Quote:

Originally posted by DatingGold

Yeah they are saying anything over 1% you pay fees, even if your limit is 2% on the EU network. That pretty pathetic, I guess the good news is if you are under 1% you have nothing to worry about.

Actually I got that mail too and had only 5 (FIVE) chargebacks in the whole year 2003. And no, my sales are not THAT low

silent · 01-21-2004, 01:16 AM

Anybody received this month's payment from ibill eu?
I can not see my payment details or my check in CMI for this month yet.

jennycards · 01-21-2004, 01:21 AM

Quote:

Originally posted by silent
Anybody received this month's payment from ibill eu?
I can not see my payment details or my check in CMI for this month yet.

Got the wire for 1/5 but still missing the one for 1/19. I just mailed my acct. rep. ... guess they are resolving some "issues"

JulianSosa · 01-21-2004, 01:26 AM

Bye Bye recurring for 3rd party processors

alan-l · 01-21-2004, 01:50 AM

We'd been hearing all this year about MC following the VISA path, so guess it will be it. It is possible that VISA will put a little more pressure, wether lowering CB ratios or charging more, maybe a monthly fee. If so, loads fo newbies and wannabes will get outta biz, so prepare yer wallets for some nice sites for coins

Carrie · 01-21-2004, 01:54 AM

Supposedly more Visa *and* Mastercard regulations coming down the pike in March.

Don't expect the big 3rd-party billers to tell you anything about it though; remember how long they knew about the last one and sat on it until there were just a few weeks left to comply?

JulianSosa · 01-21-2004, 01:57 AM

Quote:

Originally posted by Carrie
Supposedly more Visa *and* Mastercard regulations coming down the pike in March.

Don't expect the big 3rd-party billers to tell you anything about it though; remember how long they knew about the last one and sat on it until there were just a few weeks left to comply?

Does YOUR income rely on 3rd party recurring billing?

01-20-2004, 10:49 PM	#1
Rictor Old Timer Industry Role: Join Date: Jan 2001 Location: Indianapolis Posts: 12,208	2004 VISA Predictions So, any rumors about credit card processing in 2004? Fees changing, chargeback ratios being enforced even more strictly, Mastercard fees, etc.?

01-20-2004, 10:59 PM	#3
Digipimp BP4L OT DL Join Date: Mar 2003 Location: BP4L Swap Meet Posts: 13,481	Higher fees and lower chargeback levels = more extortion. __________________ Still Hosting at Webair and You Should Be Too

01-20-2004, 10:58 PM	#2
Shoplifter Richest man in Babylon Industry Role: Join Date: Jan 2002 Location: Posts: 10,002 Posts: 5,726	Ibill is hitting clients with card association fees. Just got the email today.

01-21-2004, 01:16 AM	#10
silent Registered User Join Date: Nov 2002 Posts: 68	Anybody received this month's payment from ibill eu? I can not see my payment details or my check in CMI for this month yet.

01-21-2004, 01:26 AM	#12
JulianSosa Confirmed User Join Date: Aug 2003 Posts: 3,042	Bye Bye recurring for 3rd party processors

01-21-2004, 01:50 AM	#13
alan-l Confirmed User Join Date: May 2003 Location: look behind you Posts: 2,477	We'd been hearing all this year about MC following the VISA path, so guess it will be it. It is possible that VISA will put a little more pressure, wether lowering CB ratios or charging more, maybe a monthly fee. If so, loads fo newbies and wannabes will get outta biz, so prepare yer wallets for some nice sites for coins

01-21-2004, 01:54 AM	#14
Carrie Confirmed User Join Date: Apr 2002 Location: Virgin - nee Posts: 3,162	Supposedly more Visa and Mastercard regulations coming down the pike in March. Don't expect the big 3rd-party billers to tell you anything about it though; remember how long they knew about the last one and sat on it until there were just a few weeks left to comply?