Have you tried 123bill for billing?

[Theo]

it looks very good

http://www.123bill.com/moverview.htm


what are your thoughts on this?

[Reak]

Nope i didnt.

I use Ibill for porn & 2checkout for mainstream projects

[Theo]

Reak,its a billing alternative for users without a credit card.

[Nathan]

We are currently incorporating 123Bill into NATS.

It should be nice as an alternative to CC and Checks, rate is kinda high, but then again there are no chargebacks or credits. It might also be good as a last-resort for a CC or Check cascade, but they might not like sending total rejects to them.

Another good thing of it being around is that we have a last-resort alternative in case CC total goes down the drain, which I hope will never happen. But better safe than sorry.

[Reak]

Originally posted by Soul_Rebel
Reak,its a billing alternative for users without a credit card.

Sounds good.

[jovigirl]

You can now turn any U.S. citizen 18 years of age or older into a viable customer with guaranteed payment on every purchase!

[emmanuelle]

We're using them right now on some of our sites with great results.

Soon we will also add them to our affiliate tours, so that our partners will get that extra shot at making sales

[Theo]

nice,these are the things i want to hear

any info about their fee % ?

[emmanuelle]

They keep 35% and assume all risks.
You are guaranteed your 65% whether or not the guy actually pays the bill.

It makes a great option for surfers with no credit cards. I dont worry about the %, since it's money we would not otherwise have earned at all. I've also found that they are more likely to choose the higher ticket price points :-)

[CrazyNakedChick]

Soul_Rebel, i had lunch with the guys from 123bill earlier this week. great people, they really have their shit together. i am going through this with them and plan on using it myself, it's a great alternative.

awesome!

[SleazyDream]

interesting concept

[EviLGuY]

Originally posted by Soul_Rebel
it looks very good

http://www.123bill.com/moverview.htm


what are your thoughts on this?

My thoughts are they will be gone with your rebills in about a year. If that.

[Doctor Dre]

Originally posted by Reak
Nope i didnt.

I use Ibill for porn & 2checkout for mainstream projects

2checkout can really sucks my cock ...

[Doctor Dre]

I wouldn't trust any new CC processor with all that happened to the other ones

[EscortBiz]

lol they will not accept adult for long,

[Theo]

it's NOT a credit card processor

[fatbaby]

Sorry for the delay in responding.. we just got back in from the Chicago WM event put on by Dr Bizarro... great time, btw! ;-)

Thank you for the kind words about 123Bill from most of you...

As was mentioned, 123bill.com is NOT a CC processor.. we are simply an alternative payment option, designed to handle those surfer's that either do NOT have a CC, or will not use one online.

As was mentioned, we guarantee payouts and assume all liability for collecting the outstanding customer bill...

Those that doubt our stability or duration, will always exist... I suppose time will tell with those...

I will say, that this program is owned by Brad, of MojoHost/SinEMpire ( formaly SinHost, and SinTalk ) and Brad has been a stable force in this industry for years, and will be for years to come!

[CrazyNakedChick]

Originally posted by fatbaby
Sorry for the delay in responding.. we just got back in from the Chicago WM event put on by Dr Bizarro... great time, btw! ;-)

Thank you for the kind words about 123Bill from most of you...

As was mentioned, 123bill.com is NOT a CC processor.. we are simply an alternative payment option, designed to handle those surfer's that either do NOT have a CC, or will not use one online.

As was mentioned, we guarantee payouts and assume all liability for collecting the outstanding customer bill...

Those that doubt our stability or duration, will always exist... I suppose time will tell with those...

I will say, that this program is owned by Brad, of MojoHost/SinEMpire ( formaly SinHost, and SinTalk ) and Brad has been a stable force in this industry for years, and will be for years to come!

[Tuna]

Very interesting

[Brad Mitchell]

Every brilliant new business is always met with skepticism by those that lack vision.

You can sit here and disagree until you're blue in the face... I'm going to make merchants and affiliates millions. If you don't want any of it for yourself, that's your issue. The rest of us, we'll be laughing all the way to the bank.

Cheers,

Brad

[vapewiz]

Originally posted by EviLGuY
My thoughts are they will be gone with your rebills in about a year. If that.

Nope Brad from sinhost owns them and i know for a fact they are going to be around.

[123Jason]

Obviously I'm biased...but I wouldn't work here if I didn't believe this was a great product. And I wouldn't work for Brad if I hadn't come to know him over the years as an exceptionally rare example of integrity, ethics and vision seldom found in this business.

I'm truly excited to be in on the ground floor with this venture. Thanks to those of you who have been and continue to be supportive. Those who are hesitant, I can appreciate your doubts as many of you have been burned by other companies. Bide your time if you wish, once you have seen the proof, we'll still be here to sign you up.

For those that want to start making more money now, as opposed to waiting till everyone else has already made it, shoot me an email, icq or phone call and I'll get you started.

[email protected]
icq: 233969317

[Nysus]

Just thought I'd throw in Brad's a really nice guy.

Cheers,
Matt

[SpeakEasy]

Originally posted by EscortBiz
lol they will not accept adult for long,

You are truly clueless

[EscortBiz]

Originally posted by SpeakEasy
You are truly clueless

brad is not the only one whos been around, dealing with adult collections ESPECIALLY PAYSITES is not like dealing with collections of other services.

To call everyone who doest agree people without a vision is simply stupid, like anything else in adult time will tell.

[SpeakEasy]

Originally posted by EscortBiz
brad is not the only one whos been around, dealing with adult collections ESPECIALLY PAYSITES is not like dealing with collections of other services.

To call everyone who doest agree people without a vision is simply stupid, like anything else in adult time will tell.

OK yes I agree with this time will tell

[Brad Mitchell]

Originally posted by EscortBiz
To call everyone who doest agree people without a vision is simply stupid, like anything else in adult time will tell.

I'd say that the bulk of those who might disagree would absolutely be those who lack vision. Threads like this will be full of people who are happy to comment without even taking the time to read through our website to understand what we're about.

You have some basis for your skepticism because you are more experienced than most. I think your hesitation is at least well informed. I never said that our endeavor was easily undertaken, if it was that easy we wouldn't be having this conversation. If you truly believe that it's destined to fail then we'll simply have to agree to disagree and I'll have to show you over a great length of time that it is in fact successful.

Time certainly will tell, so let's start the clock today. I encourage people to question us and challenge our abilities and apologize for generalizing as I did.



Cheers,

Brad

[born]

Originally posted by emmanuelle
They keep 35% and assume all risks.
You are guaranteed your 65% whether or not the guy actually pays the bill.

It makes a great option for surfers with no credit cards. I dont worry about the %, since it's money we would not otherwise have earned at all. I've also found that they are more likely to choose the higher ticket price points :-)

I agree it is found money.......

We are using http://gx900.com as alt. billing option 900 Voice/pin and full top teir international solution... With all these options, you are sure to add to your bottom line....

B-

[BDBionic]

I dig the thought of no client liability.
hrrrrrrrrm *checks out their site*

[AndyMike]

Looks like some good stuff to me!

Not everyone wants to use a CC online, but checks they will because they are so familur to people. best part to me would be that you get paid, no matter if the person stops payment of the check. (I think I got that right.)

[Brad Mitchell]

Originally posted by AndyMike
Looks like some good stuff to me!

Not everyone wants to use a CC online, but checks they will because they are so familur to people. best part to me would be that you get paid, no matter if the person stops payment of the check. (I think I got that right.)

All true! We believe that fraud, defined as a stolen identity or consumer with no intention of paying their bills, accounts for a certain percentage of all activity. What I've done is taken everything into consideration (uncollectables, cost of collections, etc) and factored it into one fee. I believe one of our greatest challenges will be beating affiliate fraud, not consumer fraud... and we have tools in place for that, too.

Brad

[TopBucks_Juan]

Whoo Hoo!! 123bill.com Rocks!!

[ounique]

I can vouch for 123Jason, he wouldn't be involved in anything that wouldn't be the absolute best.

[beemk]

i was also skeptical about the program until brad explained everything to me. our industry desperately needs a program like this will all the cc scrubbing going on.

[basschick]

the 123bill program sounds like it offers the surfers less anonymity, which is a good thing as far as chargeback and refund bullshit goes.

i'm SO sick of hearing that someone's friend, son or brother used their card. every time i talk to these people, they admit they used their card. sounds like 123bill might be able to take this crap out of our equation.

[hman425]

The people behind the program are a rock solid bunch which can't often be said in the industry!

[Paul -C-]

Is this available to surfers all over the world?

And can someone post a signup form so I can have a look at it?

Thanks

[aaron]

never herad of em

[Dawgy]

123bill rox.

and brad is so sexy

[Webby]

Is this yet another damned purveyor of merchant accounts for $249 and one who retains 35% as a "guarantee"?

Or am I missing something??

[chodadog]

Originally posted by Webby
Is this yet another damned purveyor of merchant accounts for $249 and one who retains 35% as a "guarantee"?

Or am I missing something??

You're missing a lot.

Anyways, bump for Brad and Co. 'cause they're such great guys. I'm sure 123Bill will be huge. And to whoever suggested that someone like Brad would shut up shop and run off with rebills doesn't know of his reputation. He's stand up.

Obviously, collecting on adult is going to be harder than mainstream, but the sizeable cut they take suggests that they're being realistic about it. I'm sure they'll be able to knock that down over the next couple of years as they improve their system and their methods.

[Brad Mitchell]

Hi Everyone,

Looks like there's a few new things here for me to address, so here goes.

1) The $249 setup is waived for merchants that are currently transacting business. So, if you're a NewB that's not doing any business you're going to pay a setup - if you're an established business you will not. The note about waiving setup was in a press release but is not currently reflected on the web site. Our goal, to attract qualified merchants who recognize the opportunity - not to make money on setup.

2) 123Bill is an option that is available to all US residents that are 18 years of age and older, regardless of credit history or worthiness. There are no interest or fees charged to the consumer and they are given 30 days from the date of purchase to remit their payment... the physical bill gets mailed the same or next business day after purchase.

3) Of course you can check out a signup form, you can go here: http://sinbucks.com/mpa2/signup/14/j...eferrer=&prg=0 This is one of our SinBucks pay sites so if you actually go through the process, please contact me directly to void the transaction. Click on the button near the top which says "Get Instant Access, Mail Me the Bill".

4) From the outside a 35% fee sure does seem high. However, realize that this is a guaranteed net payout for merchants which is not subject to chargebacks, reserves or uncollectables. The bulk of this "fee" is ultimately to accomodate for funds that go uncollected for whatever reason. The only exception to this rule would be affiliate or merchant fraud.

If you're comparing this to a traditional merchant account then you're misunderstanding the opportunity. Here I'm telling you that you can sell a recurring full price membership, free and cheap trials... in lieu of sending this same traffic to a dialer or 900 number where your net collections would be much lower than our 65% on gross and you would not have the opportunity for rebilling.

To further put all of this into perspective... The average new account with a 3rd party billing company is paying 15% with upwards of a 10% reserve for 6 to 12 months. That's still 25% that you're giving up right away to a company that is getting settlement on their merchant account (guaranteed funds) within days. We give the consumer a net 30, you simply can't compare the risk but I would think most see this as I do after thinking about it... a 10%+- premium over 3rd party billing for a guaranteed payout on discreet pay-later billing ain't bad. 3rd party CC billing companies are passing along chargeback fees now, etc. That will certainly eat into reserves, at the least.

I'm not prepared to be quoted on check return and processing figures but I believe that if a gallop poll was taken we would all see that returns and the total cost of accepting checks can be as high or even higher than 25% on original gross billings after return check fees are levied, etc.

I see many friends in the thread posting kind comments, thank you for your support

Cheers,

Brad

[CrazyNakedChick]

Originally posted by SinEmpire
Hi Everyone,

Looks like there's a few new things here for me to address, so here goes.

1) The $249 setup is waived for merchants that are currently transacting business. So, if you're a NewB that's not doing any business you're going to pay a setup - if you're an established business you will not. The note about waiving setup was in a press release but is not currently reflected on the web site. Our goal, to attract qualified merchants who recognize the opportunity - not to make money on setup.

2) 123Bill is an option that is available to all US residents that are 18 years of age and older, regardless of credit history or worthiness. There are no interest or fees charged to the consumer and they are given 30 days from the date of purchase to remit their payment... the physical bill gets mailed the same or next business day after purchase.

3) Of course you can check out a signup form, you can go here: http://sinbucks.com/mpa2/signup/14/j...eferrer=&prg=0 This is one of our SinBucks pay sites so if you actually go through the process, please contact me directly to void the transaction. Click on the button near the top which says "Get Instant Access, Mail Me the Bill".

4) From the outside a 35% fee sure does seem high. However, realize that this is a guaranteed net payout for merchants which is not subject to chargebacks, reserves or uncollectables. The bulk of this "fee" is ultimately to accomodate for funds that go uncollected for whatever reason. The only exception to this rule would be affiliate or merchant fraud.

If you're comparing this to a traditional merchant account then you're misunderstanding the opportunity. Here I'm telling you that you can sell a recurring full price membership, free and cheap trials... in lieu of sending this same traffic to a dialer or 900 number where your net collections would be much lower than our 65% on gross and you would not have the opportunity for rebilling.

To further put all of this into perspective... The average new account with a 3rd party billing company is paying 15% with upwards of a 10% reserve for 6 to 12 months. That's still 25% that you're giving up right away to a company that is getting settlement on their merchant account (guaranteed funds) within days. We give the consumer a net 30, you simply can't compare the risk but I would think most see this as I do after thinking about it... a 10%+- premium over 3rd party billing for a guaranteed payout on discreet pay-later billing ain't bad. 3rd party CC billing companies are passing along chargeback fees now, etc. That will certainly eat into reserves, at the least.

I'm not prepared to be quoted on check return and processing figures but I believe that if a gallop poll was taken we would all see that returns and the total cost of accepting checks can be as high or even higher than 25% on original gross billings after return check fees are levied, etc.

I see many friends in the thread posting kind comments, thank you for your support

Cheers,

Brad

excellent, brad.

people, read this. understand it - from all angles. it's a win-win.

[RainGurl]

Brad and Jason are stand-up guys. Looking forward to the new program!

[fatbaby]

Just to piggy back on what Brad laid out about the program:

123Bill is an ALTERNATIVE processing option. We do not intend to replace existing processing solutions! That would negatively impact your bottom line. We strive to POSITIVELY impact your bottom line by offering a solution to those surfer's/Customer's that choose NOT to give out CC/Checking information online.

A good percentage of Credit Card transactions are declined ( we've heard numbers between 30% and 50% ), by WILLING purchaser's. Where are they going? If you do not have a viable alternative in place to process for these customer's you are losing an income opportunity.

We encourage anyone to continue to use the major 3rd party processors. We simply ask that you consider the 123Bill alternative as a means to capture, otherwise lost sales.

A number of our current merchants are offering the 123bill alternative from their join page, and are seeing additional sales.. and aint that what its all about? ;-)

We appreciate the kind words throughout this thread.... we will continue the hard work that has made 123bill a viable solution!

[AaronM]

Originally posted by RainGurl
Brad and Jason are stand-up guys. Looking forward to the new program!

What she said.

Good luck guys.

[Raven]

Brad and his crew are good people....not only that, they are credible.

That goes a long way in this industry.

[Theo]

Great info Brad.

In general I'm pessimistic regarding the alternative billing options and time always confirms me, but honestly I believe this one is not the case.

[RugbyChode]

checked it out a while ago. thought it looked good