Update On The New Adult Processing Deal I Posted - GoFuckYourself.com

KRL · 02-24-2004, 05:35 PM

Here's the update from my prior post on a new bank / processor for adult merchant accounts.

This initial bank they were going to setup with was not willing to handle the volumes to a level that would be needed to make it work realistically for the amount of webmasters that contacted me since some were very large players in the biz.

They've now setup a deal with a bank in South America and are doing the contracts. Everything is expected to be ready in about 2 weeks.

I'll post again when I get the final details and everything is signed.

As you know, a lot of these bankers just don't understand how much volume adult accounts can generate. So its extremely difficult to setup deals. This other bank is looking ok so far.

Keep your fingers crossed. I'll e-mail back everyone when its a done deal.

the Shemp · 02-24-2004, 05:39 PM

thanks for the update

BRISK · 02-24-2004, 05:42 PM

Are they saying adult doesn't have enough volume?

WiredGuy · 02-24-2004, 05:44 PM

Thanks for the update and keep us posted

WG

pornstar2pac · 02-24-2004, 05:50 PM

KRL hook me up, I got great plans for the gays.com

modifried · 02-24-2004, 05:51 PM

I remember you making a thread about a week ago about PHP/MySQL programmers. Are you still looking?

KRL · 02-24-2004, 06:04 PM

Quote:

Originally posted by BRISK
Are they saying adult doesn't have enough volume?

This first bank was a smaller privately held type owned by a guy with about $300 Mils according to the guy I'm trying to set this up with. The enormous volume levels spooked them I guess.

KRL · 02-24-2004, 06:04 PM

Quote:

Originally posted by modifried
I remember you making a thread about a week ago about PHP/MySQL programmers. Are you still looking?

Haven't picked one yet. Just added another server guy.

[email protected]

modifried · 02-24-2004, 06:05 PM

Quote:

Originally posted by KRL

Haven't picked one yet. Just added another server guy.

[email protected]

Okay, will send off a resume later today.

BRISK · 02-24-2004, 06:18 PM

Quote:

Originally posted by KRL

This first bank was a smaller privately held type owned by a guy with about $300 Mils according to the guy I'm trying to set this up with. The enormous volume levels spooked them I guess.

Oh ok, I was thought you meant they said that adult didn't have enough volume for them to bother. That made me wonder.

Brujah · 02-25-2004, 09:31 AM

I thought this was going to be with a large stable reputable bank ?

McVisa · 02-25-2004, 09:38 AM

it is - "Pablo Esobar's First National Bank of Coke"

Doubt VISA would have the balls to call them about high chargeback %

IPK · 02-25-2004, 09:39 AM

Quote:

Originally posted by Brujah
I thought this was going to be with a large stable reputable bank ?

yeah me too

Trax · 02-25-2004, 11:04 AM

worth a bump for sure

Krille · 02-25-2004, 11:06 AM

is this new bank columbian?

Broda · 02-25-2004, 11:26 AM

Quote:

Originally posted by Krille
is this new bank columbian?

Drugs and porn go hand-in-hand

Probono · 02-25-2004, 11:32 AM

I have tried these hoops before unsucessfully so I do hope you have better luck than we had.

First they want to be sure you can provide volume, then when you reveal your volume they get nervous and walk away.

KRL · 02-25-2004, 01:05 PM

Quote:

Originally posted by Probono
I have tried these hoops before unsucessfully so I do hope you have better luck than we had.

First they want to be sure you can provide volume, then when you reveal your volume they get nervous and walk away.

Exactly.

KRL · 02-25-2004, 01:06 PM

Quote:

Originally posted by Krille
is this new bank columbian?

No

KRL · 02-25-2004, 01:07 PM

Quote:

Originally posted by Brujah
I thought this was going to be with a large stable reputable bank ?

Citibank? B of A? Wells Fargo?

This is the response you get >

polish_aristocrat · 02-25-2004, 01:09 PM

Quote:

Originally posted by KRL

No

hopefully not Argentinian

Brujah · 02-25-2004, 01:11 PM

Quote:

Originally posted by KRL

Citibank? B of A? Wells Fargo?

This is the response you get >

Try the government's fave.. MellonBank!

Ozzymosis1 · 02-25-2004, 01:12 PM

It should be interesting to see how this pans out...

MattO · 02-25-2004, 01:14 PM

You should let me know what kind of rates you get KRL and let me see if I can get something competative.

The higher the volume the better the rates.

02-24-2004, 05:35 PM	#1
KRL Entrepreneur Join Date: Oct 2002 Location: USA Posts: 31,429	Update On The New Adult Processing Deal I Posted Here's the update from my prior post on a new bank / processor for adult merchant accounts. This initial bank they were going to setup with was not willing to handle the volumes to a level that would be needed to make it work realistically for the amount of webmasters that contacted me since some were very large players in the biz. They've now setup a deal with a bank in South America and are doing the contracts. Everything is expected to be ready in about 2 weeks. I'll post again when I get the final details and everything is signed. As you know, a lot of these bankers just don't understand how much volume adult accounts can generate. So its extremely difficult to setup deals. This other bank is looking ok so far. Keep your fingers crossed. I'll e-mail back everyone when its a done deal. __________________ If you would like to develop your domains, you can lease inexpensive foreign labor from the leaders in the field at iWebmasters.com TO LOWER YOUR COSTS AND INCREASE YOUR PRODUCTION! * * * * * * * * * * * * Domains Adult News KRL's Newsletter Biz Tips Just Listed Domains

02-24-2004, 05:39 PM	#2
the Shemp congrats to the winners Industry Role: Join Date: Nov 2001 Location: Echo Beach Posts: 10,891	thanks for the update __________________ i use Vacares...so should you Submit your picture galleries to my site...Outlaw TGP

02-24-2004, 05:42 PM	#3
BRISK Too lazy to set a custom title Join Date: Feb 2003 Posts: 12,240	Are they saying adult doesn't have enough volume? __________________ I post on GFY so that when people ask me what I do, I can tell them that I work with the mentally retarded.

02-24-2004, 05:44 PM	#4
WiredGuy Pounding Googlebot Industry Role: Join Date: Aug 2002 Location: Canada Posts: 34,486	Thanks for the update and keep us posted WG __________________ I play with Google.

02-24-2004, 05:50 PM	#5
pornstar2pac Omaha Hi/Lo Join Date: Nov 2003 Posts: 17,380	KRL hook me up, I got great plans for the gays.com __________________ Trump haters gonna hate. that's all they can do

02-24-2004, 05:51 PM	#6
modifried Registered User Join Date: Feb 2004 Location: BC, Canada Posts: 38	I remember you making a thread about a week ago about PHP/MySQL programmers. Are you still looking?

02-25-2004, 09:31 AM	#11
Brujah Beer Money Baron Industry Role: Join Date: Jan 2001 Location: brujah / gmail Posts: 22,157	I thought this was going to be with a large stable reputable bank ? __________________ Free Premium Domain Lists and Tools at Clickmojo.com For Sale: Obscenity.com

02-25-2004, 09:38 AM	#12
McVisa Registered User Join Date: Feb 2003 Posts: 38	it is - "Pablo Esobar's First National Bank of Coke" Doubt VISA would have the balls to call them about high chargeback %

02-25-2004, 11:04 AM	#14
Trax [----------------------] Join Date: Aug 2001 Posts: 14,486	worth a bump for sure

02-25-2004, 11:06 AM	#15
Krille Confirmed User Join Date: Mar 2002 Location: Bangkok Posts: 2,436	is this new bank columbian?

02-25-2004, 11:32 AM	#17
Probono Confirmed User Join Date: Oct 2002 Location: Under the Rainbow Posts: 2,731	I have tried these hoops before unsucessfully so I do hope you have better luck than we had. First they want to be sure you can provide volume, then when you reveal your volume they get nervous and walk away.

02-25-2004, 01:12 PM	#23
Ozzymosis1 Confirmed User Join Date: Sep 2003 Location: United States Occupation: Traffic Broker Company: Fast Adult Traffic URL: FastAdultTraffic.com ICQ: 233907523 Posts: 2,094	It should be interesting to see how this pans out... __________________ SIG TOO BIG! Maximum 120x60 button and no more than 3 text lines of DEFAULT SIZE and COLOR. Unless your sig is for a GFY top banner sponsor, then you may use a 624x80 instead of a 120x60.

02-25-2004, 01:14 PM	#24
MattO The O is for Oohhh Join Date: Feb 2003 Location: AUSTIN TEJAS Posts: 10,861	You should let me know what kind of rates you get KRL and let me see if I can get something competative. The higher the volume the better the rates.