cardservice no more adult - GoFuckYourself.com

codymc12 · 05-18-2004, 01:37 PM

Well - after having a merchant account for some 6 years with card services, they let us know on Monday that as of 27 June, they will no longer be processing for adult.

I spoke to netbilling, and they said they have been looking for a high risk merchant account solution, but that currently - there ain't none.

We're currently proceeding on the basis that come the 27th, we are not going to have a merchant account alternative, but - if anyone knows of a solution for processing (small amount - under 10k), please feel free to email me - codymc AT pacbell.net

In the meantime, we've switched all processing to CCBILL for new signups.

This is a bad fucking sign, speaking generally.

icedemon · 05-18-2004, 06:56 PM

Someone had mentioned to me
http://www.merchantservicesusa.info
You might want to check them out.

hershie · 05-18-2004, 07:00 PM

Quote:

Originally posted by codymc12

This is a bad fucking sign, speaking generally.

No shit. That is huge and painfull news for many

MattO · 05-18-2004, 07:00 PM

We're working on setting up for smaller volume accounts right now. I'll have info real soon.

emmanuelle · 05-18-2004, 07:52 PM

Is that subscriptions only, or tangibles too?

Drake · 05-18-2004, 07:55 PM

Anybody know if this is across the board meaning ALL adult clients or just smaller adult proessing clients?

That's huge news if it's really no more adult period.

mmaisonet · 05-18-2004, 10:14 PM

Initially, First Data Merchant Services made headlines when they announced that they would no longer accept any adult transactions through their network. Since Card Service is owned by First Data, it is no suprise to me that this has happened.

Let me know if there's anything i can do.

torrey · 05-18-2004, 10:16 PM

hmmm. We were not contacted by cardservice. Our account is still rolling as usual.

Probono · 05-18-2004, 10:22 PM

Quote:

Originally posted by torrey
hmmm. We were not contacted by cardservice. Our account is still rolling as usual.

WE received notice informally a week ago, formally today. They are also extracting a huge reserve.

Very bad news for any high risk merchant.

chupacabra · 05-18-2004, 10:32 PM

not good. i see my beater 350Z disappearing within the course of this thread, not good..

codymc12 · 05-18-2004, 10:58 PM

Re: reserve - yep. They're taking 25% of every batch between now and the 27th, to create a reserve. The idea being - this reserve is what will deal with future chargebacks, etc, over the next 6-10 months.

I don't know the answer re: memberships/tangibles.

ace0r · 05-18-2004, 11:13 PM

e-mail me with the volume you're doing and I'll shoot some numbers out in the morning. [email protected]

C&S · 05-19-2004, 07:40 AM

Email me with the type of adult market you are in. Memebership base, tangible goods, intangible goods, and I'll come up with some options for you.

05-18-2004, 01:37 PM	#1
codymc12 Confirmed User Join Date: May 2003 Posts: 719	cardservice no more adult Well - after having a merchant account for some 6 years with card services, they let us know on Monday that as of 27 June, they will no longer be processing for adult. I spoke to netbilling, and they said they have been looking for a high risk merchant account solution, but that currently - there ain't none. We're currently proceeding on the basis that come the 27th, we are not going to have a merchant account alternative, but - if anyone knows of a solution for processing (small amount - under 10k), please feel free to email me - codymc AT pacbell.net In the meantime, we've switched all processing to CCBILL for new signups. This is a bad fucking sign, speaking generally.

05-18-2004, 06:56 PM	#2
icedemon Confirmed User Join Date: Jun 2003 Location: Lutz, FL Posts: 1,022	Someone had mentioned to me http://www.merchantservicesusa.info You might want to check them out. __________________ Clips4Sale.com

05-18-2004, 07:55 PM	#6
Drake Hello world! Industry Role: Join Date: Mar 2003 Posts: 12,508	Anybody know if this is across the board meaning ALL adult clients or just smaller adult proessing clients? That's huge news if it's really no more adult period. Last edited by Drake; 05-18-2004 at 07:56 PM..

05-18-2004, 10:14 PM	#7
mmaisonet Confirmed User Join Date: Jan 2003 Location: Ft. Lauderdale Posts: 252	Initially, First Data Merchant Services made headlines when they announced that they would no longer accept any adult transactions through their network. Since Card Service is owned by First Data, it is no suprise to me that this has happened. Let me know if there's anything i can do. __________________ The World Is Yours!! INNOVATIVE PAYMENT SOLUTIONS You Need Processing? We Can Help!! Offshore Processing, 3rd Party Processing, Direct Mids http://www.inpaysolutions.com [email protected] Icq 27701318 -(LatinSoulMan )

05-18-2004, 10:16 PM	#8
torrey Confirmed User Join Date: Jan 2004 Location: Pornslinga USA Posts: 1,656	hmmm. We were not contacted by cardservice. Our account is still rolling as usual. __________________

05-18-2004, 07:00 PM	#4
MattO The O is for Oohhh Join Date: Feb 2003 Location: AUSTIN TEJAS Posts: 10,861	We're working on setting up for smaller volume accounts right now. I'll have info real soon.

05-18-2004, 07:52 PM	#5
emmanuelle Confirmed User Join Date: Mar 2003 Location: Oh Canada! Posts: 3,662	Is that subscriptions only, or tangibles too?

05-18-2004, 10:32 PM	#10
chupacabra Confirmed User Join Date: Sep 2002 Posts: 3,626	not good. i see my beater 350Z disappearing within the course of this thread, not good..

05-18-2004, 10:58 PM	#11
codymc12 Confirmed User Join Date: May 2003 Posts: 719	Re: reserve - yep. They're taking 25% of every batch between now and the 27th, to create a reserve. The idea being - this reserve is what will deal with future chargebacks, etc, over the next 6-10 months. I don't know the answer re: memberships/tangibles.

05-18-2004, 11:13 PM	#12
ace0r Confirmed User Industry Role: Join Date: Feb 2001 Location: Calabasa, CA & Chicago, IL Posts: 1,410	e-mail me with the volume you're doing and I'll shoot some numbers out in the morning. [email protected]

05-19-2004, 07:40 AM	#13
C&S Registered User Join Date: Jan 2004 Posts: 35	Email me with the type of adult market you are in. Memebership base, tangible goods, intangible goods, and I'll come up with some options for you. __________________ C&S [email protected]