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VISA and Mastercard have to be happy. The group of companies they are keeping tabs on just got smaller. This looks to me like Jettis found the IPSP market to be not as worthwhile to pursue as gateway services to merchant account holders. You have to ask yourself why is that? I don't think they would have sold to Paycom if they believed there was nothing but blue skies and improving margins on the horizon. Large size doesnt not necessarily mean stability. Our own industry has a good example of this with DMR. I am with Shap and Mutt on this, I think the closure of one of the remaining IPSPs has the potential to be a bad thing. I hope I am wrong. Ok back to the festivities again. Sorry to be Mr Devil's advocate. |
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ever try hearding cats? :winkwink: |
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Good news!
DUke |
Wow
Congratulations to Both Epoch and Jettis Chris and Ken are both very bright business men and straight up Good people Great News And then there were two? Epoch and CCbill ~Roger |
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One way of thinking - would you rather have 2 sub optimal choices or 1 optimal choice? Whether or not the new formation will be more optimal than the other 2 seperate is yet to be determined... |
Hi Kush.
Scoreman hit the nail on the head. For the past year I've had the feeling Jettis was close to leaving the ipsp market. I think most people knew it was just a matter of time. I really don't think epoch is gaining as much as people think. As I said earlier, if someone is not processing with Epoch then there is probably a reason for it. The same way if someone is not processing with ibill there is a reason for it. By epoch buying jettis that doesn't mean those clients will all of a sudden be willing to use Epoch as their primary processor. And if someone was using Epoch and Jettis now they will go out and use Ccbill or ibill. So I don't think epoch is coming out as big as everyone is making this out to be. In this situation the only winner is jettis. They get to exit the IPSP market with their head up and not having to say they closed down like so many others. Epoch picks up some business so they come out ahead. And all us jettis webmasters are big losers because the company we chose to process with is no longer an option. And to answer your other question, what do I have against Epoch? I don't have anything against them. I just prefer to not use them as my processor. I believe, of the 3 remaining processors, Epoch is by far the riskiest. They allow multiple cross sells. They seem to be the gathering spot for all Pay per signup companies. And pay per signup companies are proven to be a problem for chargebacks. |
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As you know, the situation is a bit different now. Only the merchant of record (IPSP) can gather the credit card data. Visa now tracks down to the sponsored merchant, thus removing the bad seeds rather than the group taking the blame for individuals. There is a laundry list of things in the credit card game that are much different than when DMR went down. I would never say that a processor is bulletproof, but dodging bullets is a lot easier these days. |
This is so huge.
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Congratulations!!!!!!!!!!
Chris, Clay, Joel, Rand and everyone at Paycom you have done it again. From everyone at CCbill we congratulate you on this great move. Ken and Kjell have always been two of the smartest individuals in this business, and I am truly excited to only imagine what great new products Jettis will release with there new war chest of money:))) Chris you are a true industry leader and I am confident that Paycom will be able to provide the same high level of service that Jettis customers have experienced under Kjell and Ken for the last several years. CCbill also recommends Paycom as the only secondary option for IPSP billing. There maybe others, but why settle for anything less. Chris we will have to toast in Hollywood and the Cristal is on me:)) I might even have to get one of those Tantra size bottles that Joel is so found of. Ron Cadwell CEO CCBill.com Cavecreek.com DrmNetworks.com |
I guess ill go with Paycom! :P
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I wonder what will happen in the next few years. We will see. |
Any SMASHBUCKS affiliates that have questions please contact Carlito, Mike or Spikes.
Everything is 100% smooth so far:thumbsup |
Congrats to Epoch & Jettis!
:thumbsup |
Chris, Clay and Rand,
Congrats on the new acquisition from the Netbilling team. The Jettis crew is a fine bunch and you are certainly picking up some good merchants. Looking forward to a successful Internext and a great year for all of us. Mitch Farber |
So what happened to those cam sites that use Jettis and have the no charge free memberships?
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Congrats to all parties involved, sounds like win win... :thumbsup
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Thank you Ron. I appreciate your kind words and support. We like and respect you and all of the folks at CCBill / Cavecreek. And since the Cristal is on you, let?s go for the Magnum! :) See you in sunny FLA! C |
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All the best! C |
Congrats!
I bet this makes IBill happy though cause now they get to the only "2nd Option" for paycom clients. |
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The proof is simple: look at the numbers. In this business you are either over or under thresholds, created by some arbitrary reasoning. We are below 1%, WELL below. That means that even in a marketplace where Visa and MC admit 80% of chargebacks and credits are from ?friendly fraud? (we have never understood to whom the fraud is friendly) we are below their thresholds. So where is the risk if 99.5% of all consumers we (and you) sell to are happy? There is none, as long as the overal risk management is being watched, constantly. I bet that there are not many businesses in the world that can boast those kinds of numbers. When I was in the nightclub business the chargebacks were a higher percentage! So cross sells and the like are not the problems IPSP's or you as a webmaster may face; In fact, there is no problem! C |
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C |
congrats :drinkup i've only met one person from epoch (rand) but he was totally cool.
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Congrats :thumbsup
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I want to take a moment to personally congratulate Chris Mallick on his continuing efforts to improve the billing side (as well as many other sides) of this Industry. The purchase of the credit card side of Jettis signals several positive elements for not only the current Jettis customers, the current Paycom customers, but billing as a whole.
I have known Chris for several years, long before his entrance into this space. He is a Man of integrity, conviction, and vision. For those of you who do not know as well, I would like to assure you all that while this is big news, and a huge Industry change, it is for the best for all of us, and we could not be in better hands. It is and has been Chris's vision to improve this side of the business for all webmasters, and his actions now speak louder than his words. If you do not know Chris Mallick, I would encourage you to take the time and effort and get to know him. He made a pledge to the partners at Paycom at long time ago, to myself, and to this Industry, and he is someone who has put his money (not to mention his time, blood, sweat, and tears) where his mouth is. Paycom has always been a good company with both Clay and Joel at the helm. With your addition to that team Chris, and the products and services you have added to the group, you are all now, without question the Industry leader. Chris: It is a pleasure to watch you work. Congratulations to Paycom as a group, Clay, Joel and Chris as individuals, and to all of us who make our money in this space. We are in a better position today, than we were yesterday, and it's hard to ask more from your billing company. Johnny V. Porn Posse |
A Good Day for Epoch/Paycom/Jettis and A Great Day for Our Industry
Chris, Clay, Joel, Rand, Kjell and Ken - Congratulations on engineering a merger that makes good business sense and benefits our entire industry. Being massive matters. It gives you two things: a better product and higher impact. Together you can do more for webmasters and end users than you could separately - with the same number of people. The product improves and your margins, too. Webmasters working with Epoch/Paycom get the advantages of areas where Jettis is world class, and vice-versa. So webmasters benefit. It means you have influence. You are engaged in one of the most important fights on behalf of webmasters - the right to charge end users for access with a credit card. We are thrilled that the heavyweight champ of credit card billing has added bulk and extended his reach to better fight for the adult online industry. We, at Nocreditcard.com, have been delighted by our partnership with you since the beginning. We know the value of being the largest - in our case, as telecom billing provider (dialer + sms) - and look forward to an even better product and a stronger voice for the adult online industry. Mitch Platt North American Sales Manager Nocreditcard.Com One2one.Com p.s. Looking forward to seeing all of you Friday at InterNext after the Dialer seminar at the VIP Nocreditcard.com Scotch and Cigar Party! http://vip.nocreditcard.com |
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Now icq me, I want to talk to you about something else hahahaha |
I want to Use Epoch for processing for our new paysitesites, but since I'm not US or EU based,
(I'm in Southeastern Europe), is it possible to use Epoch for processing for all other CC except VISA? I really need this answered. Congratulations to Epoch/Paycom for this big step. :thumbsup |
I don't see any positive from this.
It might be good for Jettis and Epoch, but why is it any good for the end user? We lost another merchant, another choice to get scrubbed differently. The only thing positive for users is the 'security' you feel for choosing Epoch. Big deal, are you less insecure now? I mean, if Jettis left the business, there's a reason. Bonus, Epoch deals only with US corporations. Now don't even think of moving your business offshore. |
To the folks at Paycom,
Congratulations on the transition. I have been very impressed with the level of support we have received from Epoch so far. They are making the transition as seemless as possible. I do have a support question in to you guys regarding affiliate linking codes, perhaps I can get a faster response here. Once we change our join pages over to Epoch, will our Jettis linking codes work? Actually, that translates to two questions: 1) Where do we find information regarding what our new linking codes should be? 2) What will happen to our affiliates' archived galleries and the linking codes they contain? Hope to meet the Epoch team in person at Internext. I'll be on the newbie seminar panel, please stop by and say hi. APN Philip |
WOW! some very big news!
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I can assist you with your questions , please feel free to contact me directly at 310/577-2439. Thank you Amparo |
To draw out my questions a bit more, please let me know if these assumptions are correct:
1) I am to change over my join pages from Jettis's to Epoch's. 2) After I have the Epoch join pages in place, the existing Jettis linking codes will still continue to function. 3) All new affiliates should sign up under Epoch's affiliate system so they can use Epoch linking codes in their new galleries. Or can they continue to sign up using the Jettis affiliate sign up form? 4) Existing affiliates will continue to use Jettis's report system at: http://affiliate.billingservices.com/login.php 5) Billing services such as cancellations, username/password lookups, member additions, etc. will now be handled through Epoch's reports system for all transactions, both past and future. Thanks, APN Philip |
APN Philip.. you get any answers yet?
We haven't either:( |
Great news, Congratulations :thumbsup
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Stuff doesnt look good. 1 more company out. Not good at all. |
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http://affiliate.billingservices.com/login.php is already down. BTW that JUMBO will become available into epoch is great. Because the epoch stats were not that best. And Jumbo is great! Andre |
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Can someone maybe answer that? It may be that they are still working out some of the bugs. I know Nasty Dollars switched everything over to Epoch, including their join pages...perhaps we'll do the same. |
Nothing like just paying 750.00 to Jettis and never processing one transaction with them only for this to happen. Let me guess....Jettis never knew this deal was in the works or was even closed prior to companies shelling over 750.00 within the last couple of months.
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So it was probably best for them to keep their mouths shut and take the money. HOWEVER, they should now refund the people who paid. |
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Visa don't give a flying fuck how big you are. Porn is really a small percent of there business. |
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The funniest part is they're still advertising here on GFY! :1orglaugh You going to be in Florida Alex? |
We are very happy having our own merchant accounts and not relying on someone elses. It is a good piece of mind being more in control.
Z |
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Andre |
Wow, this is big. Chris M is a giant.
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