Why can't Epoch, CCBill, IBill & Co. ...

Collapse
X
Collapse
 
  • Page of 1
  • Time
  • Show
Clear All
new posts
Previous template Next
  • Slinx
    Confirmed User
    • May 2003
    • 823
    #1

    Why can't Epoch, CCBill, IBill & Co. ...

    ... bill European customers in Euro?

    It is very difficult to find a satisfying billing solution for Euro-billing. A lot of EU customers want to pay in their home currency. At the moment they get an added value because of the low US Dollar.
    But if the Dollar rises they will request to get billed in Euro.

    Where is the problem for the processing companies to charge in Euro?
    Tags: None
    • Slinx
      Confirmed User
      • May 2003
      • 823
      #2
      Nobody? Plz

        Comment

        • chipmunk
          Confirmed User
          • Sep 2002
          • 1039
          #3
          Hello Slinx,
          Billing in other currencies is extremely complex. I know from experience due to SEXMoney.com being coded from the ground up, offering both US and EU currency options.
          Also besides billing the customer in their native currency, the webmasters must also be put into consideration. I know we pay our North American & Australian Webmasters in USD, and those outside the US in Europe are paid in Euros. Its rather complex as the signup amounts must be converted over within the system, and then the appropriate webmaster payout amounts from that conversion and so forth.

          I would be glad to discuss this in much grater length if you wish via ICQ, phone or email...

          Warm regards,
          --=Chipmunk=--
          Matthew "Chipmunk" Sclier
          Skype: ChipmunkLF
          AvenueLink.com
          Personal Loan Offers & Data Management

            Comment

            • Validus
              Confirmed User
              • Jul 2001
              • 4012
              #4
              Originally posted by Slinx
              Nobody? Plz
              Processing in multiple currencies is not as easy as it sounds. The back-end and databases need to support multiple currencies; the merchant account also needs to support multiple currencies. It is more complex then one would think. There is much much more to take into consideration.

              I hope that answered your question a little.

                Comment

                • Validus
                  Confirmed User
                  • Jul 2001
                  • 4012
                  #5
                  Originally posted by chipmunk
                  Hello Slinx,
                  Billing in other currencies is extremely complex. I know from experience due to SEXMoney.com being coded from the ground up, offering both US and EU currency options.
                  Also besides billing the customer in their native currency, the webmasters must also be put into consideration. I know we pay our North American & Australian Webmasters in USD, and those outside the US in Europe are paid in Euros. Its rather complex as the signup amounts must be converted over within the system, and then the appropriate webmaster payout amounts from that conversion and so forth.

                  I would be glad to discuss this in much grater length if you wish via ICQ, phone or email...

                  Warm regards,
                  --=Chipmunk=--
                  Right on, LOL. Good answer!

                    Comment

                    • chipmunk
                      Confirmed User
                      • Sep 2002
                      • 1039
                      #6
                      Originally posted by Validus
                      Processing in multiple currencies is not as easy as it sounds. The back-end and databases need to support multiple currencies; the merchant account also needs to support multiple currencies. It is more complex then one would think. There is much much more to take into consideration.

                      I hope that answered your question a little.
                      Right on Validus !!! I think we can conclude thats its really really really complex
                      Matthew "Chipmunk" Sclier
                      Skype: ChipmunkLF
                      AvenueLink.com
                      Personal Loan Offers & Data Management

                        Comment

                        • DutchTeenCash
                          I like Dutch Girls
                          • Feb 2003
                          • 21684
                          #7
                          Originally posted by Slinx
                          ... bill European customers in Euro?

                          It is very difficult to find a satisfying billing solution for Euro-billing. A lot of EU customers want to pay in their home currency. At the moment they get an added value because of the low US Dollar.
                          But if the Dollar rises they will request to get billed in Euro.

                          Where is the problem for the processing companies to charge in Euro?
                          weve got a lot of EU customers, must say in all those years i never got 1 request of billing in EU, so why do you think they want that ? 20 cents more or less doesnt make the world difference for a 24,95 signup, most ppl pay a lot more on interest on their cc statements...

                          ICQ 16 91 547 - SKYPE dutchteencash
                          bob AT dutchteencash DOT com
                          ... did you see our newest Sweet Natural Girl Priscilla (18)?

                            Comment

                            • Slinx
                              Confirmed User
                              • May 2003
                              • 823
                              #8
                              Originally posted by chipmunk
                              Hello Slinx,
                              Billing in other currencies is extremely complex. I know from experience due to SEXMoney.com being coded from the ground up, offering both US and EU currency options.
                              Also besides billing the customer in their native currency, the webmasters must also be put into consideration. I know we pay our North American & Australian Webmasters in USD, and those outside the US in Europe are paid in Euros. Its rather complex as the signup amounts must be converted over within the system, and then the appropriate webmaster payout amounts from that conversion and so forth.

                              I would be glad to discuss this in much grater length if you wish via ICQ, phone or email...

                              Warm regards,
                              --=Chipmunk=--
                              Thanks for the answer. Yes, I can imagine the work for database coding and so on. A lot of Sexmoney's clients are from Europe and you have reacted to the needs of the customers.

                              I will bookmark this thread and will remember your offer to have a small chat about this issue.
                              I hope some other webmasters are interested in this theme too.

                                Comment

                                • andrej_NDC
                                  Registered User
                                  • May 2004
                                  • 7760
                                  #9
                                  Originally posted by thinkx
                                  20 cents more or less doesnt make the world difference for a 24,95 signup, most ppl pay a lot more on interest on their cc statements...
                                  20 cents?

                                    Comment

                                    • Slinx
                                      Confirmed User
                                      • May 2003
                                      • 823
                                      #10
                                      Originally posted by thinkx
                                      weve got a lot of EU customers, must say in all those years i never got 1 request of billing in EU, so why do you think they want that ? 20 cents more or less doesnt make the world difference for a 24,95 signup, most ppl pay a lot more on interest on their cc statements...
                                      I'm interested in a Euro solution. And it's not only 20 cents. At the moment the Europeans pay for a $24,95 signup around 20 Euro. But the times will change and the conversion ratio will drop. Then the EU's will calculate twice if they have to pay 30 Euro for a $25 sign up.
                                      And: If you could charge them in Euro at the moment you would have 20% money in your pockets.

                                        Comment

                                        • andrej_NDC
                                          Registered User
                                          • May 2004
                                          • 7760
                                          #11
                                          Originally posted by Slinx
                                          Then the EU's will calculate twice if they have to pay 30 Euro for a $25 sign up.
                                          LOL you expect 50% increase in value of US dollar?????

                                            Comment

                                            • sperbonzo
                                              I'd rather be on my boat.
                                              • May 2003
                                              • 9750
                                              #12
                                              Thanks for the answer. Yes, I can imagine the work for database coding and so on. A lot of Sexmoney's clients are from Europe and you have reacted to the needs of the customers.
                                              It has much less to do with the database coding, and much more to do with banking procedures and credit card regulations. In order to charge in Euro's, the BANK must charge in Euro's. This typically involves using an EU bank. According to cross-border acquiring rules, the processor, the bank, and the merchant must all be located in the same region. Once you find a bank that will accept IPSP merchant accounts, and bills in Euro's, you THEN have to find one that is willing to bill in Dollars also (since 70%+ of credit card transactions online are in Dollars).

                                              Finding a bank that will do all this is virtually impossible, especially given the complexities of tracking and seperating the origin of the transactions and also conpensating for changing exchange rates in dealing with the Processor. THEN the processor would have to deal with exchange rates in dealing with the merchants, etc, etc, etc.....

                                              The problems become immense.

                                              BTW.....Hi Chipmonk! How are things going with you?
                                              Michael Sperber / Acella Financial LLC/ Online Payment Processing

                                              [email protected] / http://Acellafinancial.com/

                                              ICQ 177961090 / Tel +1 909 NET BILL / Skype msperber

                                                Comment

                                                • Slinx
                                                  Confirmed User
                                                  • May 2003
                                                  • 823
                                                  #13
                                                  Originally posted by andrej_NDC
                                                  LOL you expect 50% increase in value of US dollar?????
                                                  Not in the short term. But currencies fluctuate and in the past there was a exchange rate of 1,20 Euro for one Dollar.

                                                  Let's Greenspan the interest rate raise and Kerry the election win and then we can speak again

                                                    Comment

                                                    • chipmunk
                                                      Confirmed User
                                                      • Sep 2002
                                                      • 1039
                                                      #14
                                                      Sperbonzo How the heck are ya man!!!!

                                                      Good seeing you out in San Diego

                                                      Thanx for the detailed info there.... Much appreciated!

                                                      The Laptop Saga is still going... Long long story!

                                                      Talk to you soon man!

                                                      ---=Chipmunk=---
                                                      Matthew "Chipmunk" Sclier
                                                      Skype: ChipmunkLF
                                                      AvenueLink.com
                                                      Personal Loan Offers & Data Management

                                                        Comment

                                                        • andrej_NDC
                                                          Registered User
                                                          • May 2004
                                                          • 7760
                                                          #15
                                                          Originally posted by Slinx
                                                          Not in the short term. But currencies fluctuate and in the past there was a exchange rate of 1,20 Euro for one Dollar.

                                                          Let's Greenspan the interest rate raise and Kerry the election win and then we can speak again
                                                          well, that would be a dream also for me, few years back I got for US dollar 50% more, when I think about that and the income I have now...Damn I could be already rich still getting as much. But I hope at least it will be a little better with Kerry, hope he win, please god!

                                                            Comment

                                                            • Global Dialers
                                                              Confirmed User
                                                              • May 2004
                                                              • 1349
                                                              #16
                                                              Originally posted by Validus
                                                              Processing in multiple currencies is not as easy as it sounds. The back-end and databases need to support multiple currencies; the merchant account also needs to support multiple currencies. It is more complex then one would think. There is much much more to take into consideration.
                                                              so you are saying that manstream processors have figured this out but adult ones havent

                                                              come on if they can do it easily in mainstream considerig they usually take from us it shouldnt be to hard for us to take from them for a change lol
                                                              the hun gets revenue from pre-paid gallery placements on the top 15 spaces and banners.
                                                              the rest of thegalleries are free placements.

                                                                Comment

                                                                • lacorporacione
                                                                  Confirmed User
                                                                  • May 2004
                                                                  • 252
                                                                  #17
                                                                  See sig....We can supply processing to almost anything!
                                                                  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, you may use a 624x80 instead of a 120x60. Let me repeat... A 120 x 60 button and no more that 3 lines of DEFAULT SIZE AND COLOR text.

                                                                    Comment

                                                                    • NETbilling
                                                                      Confirmed User
                                                                      • Jan 2002
                                                                      • 8598
                                                                      #18
                                                                      Sorry for the delayed post. I have been out of town.

                                                                      Netbilling can set you up with a Euro merchant account that will bill and settle in Euros This is not a problem for us to do but you must have a Euro corp.

                                                                      Let me know if you are interested.

                                                                      Thank you, Mitch Farber


                                                                      Mitch Farber
                                                                      CEO - NETbilling, Inc.
                                                                      Email / Phone: 888-357-8166 / 661-252-2456
                                                                      Transaction processing & 24/7 call center services with exceptional rates and flexibility, since 1998!

                                                                        Comment

                                                                        • Drake
                                                                          Hello world!
                                                                          • Mar 2003
                                                                          • 12508
                                                                          #19
                                                                          Are there no other 3rd party billing processors located outside of the US other than Verotel?

                                                                          Why are Euro webmasters always in need of a US based 3rd party processor? Can anybody shed some light? I'm in darkness.

                                                                            Comment

                                                                            • FlyingIguana
                                                                              aspiring banker
                                                                              • Mar 2002
                                                                              • 10870
                                                                              #20
                                                                              i wanna get paid in euro

                                                                              us $ is turning into monopoly money

                                                                                Comment

                                                                                • TheDoc
                                                                                  Too lazy to set a custom title
                                                                                  • Jul 2001
                                                                                  • 13827
                                                                                  #21
                                                                                  Epoch now process euro dollars. It's on every epoch join from from what I gather. I think they guarantee the rate for 3 months.
                                                                                  ~TheDoc - ICQ7765825
                                                                                  It's all disambiguation

                                                                                    Comment

                                                                                    • viocard
                                                                                      Registered User
                                                                                      • Oct 2003
                                                                                      • 43
                                                                                      #22
                                                                                      VICOARD.COM works with both European and American banks-equirers and accepts international businesses. Having a VIOCARD Merchant Account allows you to accept foreign currencies.

                                                                                      If you are interested, contact our sales representative for more information.
                                                                                      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.

                                                                                        Comment

                                                                                        • psyko514
                                                                                          See sig. Join Epic Cash.
                                                                                          • Oct 2002
                                                                                          • 22366
                                                                                          #23
                                                                                          Originally posted by Slinx
                                                                                          I'm interested in a Euro solution. And it's not only 20 cents. At the moment the Europeans pay for a $24,95 signup around 20 Euro. But the times will change and the conversion ratio will drop. Then the EU's will calculate twice if they have to pay 30 Euro for a $25 sign up.
                                                                                          And: If you could charge them in Euro at the moment you would have 20% money in your pockets.
                                                                                          personally, if i was billing in euro and usd, i'd make sure the charge was always the same no matter what the currency. if my site was $19.99 USD, i'd also make sure it was the equivalent price in euros.

                                                                                          it wouldn't make sense otherwise.

                                                                                          Bad Girl Bucks                                                                                           - 50% Revshare through CCBill.
                                                                                          Promote BrandyDDD, Pixie's Pillows, Action Allie and more!

                                                                                          Phoenix Forum Pics | Webmaster Access Montreal pics
                                                                                          email: psyko514(a)gmail.com | icq: 214-702-014

                                                                                            Comment

                                                                                            • Gunni
                                                                                              Confirmed User
                                                                                              • Apr 2003
                                                                                              • 2385
                                                                                              #24
                                                                                              Originally posted by Slinx
                                                                                              Not in the short term. But currencies fluctuate and in the past there was a exchange rate of 1,20 Euro for one Dollar.

                                                                                              Let's Greenspan the interest rate raise and Kerry the election win and then we can speak again
                                                                                              That would be sweet!
                                                                                              I'd be very happy if I got more euros for my dollars

                                                                                                Comment

                                                                                                Previous template Next
                                                                                                Working...