How much have you lost with Paymonde? - GoFuckYourself.com

Calico Jack · 11-14-2006, 01:29 PM

Me...$2000
How about you?

dasbroot · 11-14-2006, 01:48 PM

me too $2000

MaDalton · 11-14-2006, 01:49 PM

if they really go down: $5000

mistermee · 11-14-2006, 02:07 PM

About 3500...plus all my rebills of course.

Barefootsies · 11-14-2006, 02:08 PM

$1500

SwirlsGirl · 11-14-2006, 02:09 PM

2,000.00 for me plus $500.00 in reserves, seems like 2000.00 is the lucky number.
Swirlsgirl

gooddomains · 11-14-2006, 02:52 PM

The are gone already check their homepages....

Ima Kepornos · 11-14-2006, 03:33 PM

$2,591.04

cem · 11-14-2006, 03:36 PM

$2900 ....

gooddomains · 11-14-2006, 03:46 PM

there goes the money....

stephthegeek · 11-14-2006, 03:52 PM

About $1500. Not to mention rebills.

What the hell am I supposed to tell my customers? Now I can't even go in and cancel their rebills. I saw others talking about getting everyone to do chargebacks... is that the best course of action?

dasbroot · 11-14-2006, 03:57 PM

Quote:

Originally Posted by stephthegeek

About $1500. Not to mention rebills.

What the hell am I supposed to tell my customers? Now I can't even go in and cancel their rebills. I saw others talking about getting everyone to do chargebacks... is that the best course of action?

ww.myvir tualcard.com/Merchants/
use this

dasbroot · 11-14-2006, 03:58 PM

https://www.myvirtualcard.com/Merchants/

HighSociety · 11-14-2006, 04:02 PM

to much to say but it was all dvd sales, it must suck to have to cancel all the rebills and hope they sign up again. I tried to refund all the transactions and they did refund some of them yesterday. I e-mailed 100's and asked them all to charge back also. Just a big clusterfuck.

scardog · 11-14-2006, 04:05 PM

Why did people use Paymonde? Was it for products? If you are using them for a paysite, why would you overlook CCbill, and Paycom? I know there has to be a reason, but what is it?

samo · 11-14-2006, 04:10 PM

A little over $10,000 including reserves. Im fucking finished!

Miura · 11-14-2006, 04:12 PM

9359,55 Usd

Calico Jack · 11-14-2006, 04:29 PM

Shit...some big dollar amounts...I feel sorry for us all.
I wonder what the total figure must look like. Remember this is just one board and what about all the people that don't read boards at all and must be wondering what the fuck is going on. Shit.

NewbieNudes · 11-14-2006, 05:51 PM

Way way more than anyone else here.

dasbroot · 11-14-2006, 05:59 PM

Quote:

Originally Posted by scardog

Why did people use Paymonde? Was it for products? If you are using them for a paysite, why would you overlook CCbill, and Paycom? I know there has to be a reason, but what is it?

they aproved my candid teen site no payment processor else accepted

stephthegeek · 11-14-2006, 06:03 PM

Quote:

Originally Posted by dasbroot

https://www.myvirtualcard.com/Merchants/

Ooh thanks.

stephthegeek · 11-14-2006, 06:11 PM

Quote:

Originally Posted by scardog

Why did people use Paymonde? Was it for products? If you are using them for a paysite, why would you overlook CCbill, and Paycom? I know there has to be a reason, but what is it?

Yeah, I sold CD/DVD archives, plus I'm Canadian and it was a simple option.

marketsmart · 11-14-2006, 06:13 PM

Quote:

Originally Posted by samo

A little over $10,000 including reserves. Im fucking finished!

damn that really sucks

SteveLightspeed · 11-14-2006, 06:27 PM

Quote:

Originally Posted by dasbroot

they aproved my candid teen site no payment processor else accepted

So they were willing to accept questionable sites that no one else would, and now you are surprised that they are gone?

dasbroot · 11-14-2006, 06:30 PM

it was an 18+ site btw

they stoped not because of that.

stephthegeek · 11-14-2006, 06:48 PM

Quote:

Originally Posted by SteveLightspeed

So they were willing to accept questionable sites that no one else would, and now you are surprised that they are gone?

Hey, there's a lot of stuff that's very legal but companies like CCBill won't process for. Doesn't mean we should stop trying. Doubtful I could even go with CCBill because of some occasional hardcore + bondage.

scardog · 11-14-2006, 06:58 PM

Quote:

Originally Posted by stephthegeek

Hey, there's a lot of stuff that's very legal but companies like CCBill won't process for. Doesn't mean we should stop trying. Doubtful I could even go with CCBill because of some occasional hardcore + bondage.

That makes sense. I had a hard time figuring out why someone would jump over the leaders in the industry to get to paymonde. If they will process more edgy sites than CCbill then that is certainly a legitimate reason in my mind. I would be scared to death that Visa would drop them, if they don't do exactly what CCbill and Paycom do! I wasn't calling anyone stupid for processing with them, I just wondered what the reasons were. Sorry for your losses.

NikkiVicious · 11-14-2006, 06:58 PM

a little over $300, but my account claims that there's only $78 in the reserves... I haven't recieved a transfer to f2g either.

Vitasoy · 11-14-2006, 08:00 PM

Not as much as you guys, just under 900

steved · 11-14-2006, 08:19 PM

Never used them so $0. Sorry about everyone's losses, it really sucks when these things happen!

fuzebox · 11-14-2006, 09:07 PM

Quote:

Originally Posted by scardog

Why did people use Paymonde? Was it for products? If you are using them for a paysite, why would you overlook CCbill, and Paycom? I know there has to be a reason, but what is it?

CCBill won't accept canadians.

interracialtoons · 11-14-2006, 09:24 PM

Damn! I'm clueless about this and I'm glad!

Already had the Globill and Ibill saga so glad I missed out on this one.

Calico Jack · 11-14-2006, 09:30 PM

CCBill can't process Visa for Aussies. So Paymonde was always a great alternative for us, Canadians and people with sites that couldn't obtain processing elsewhere...until this.

gecko · 11-14-2006, 09:45 PM

Like 200 I think not much

Amateur Pimp · 11-14-2006, 10:41 PM

Quote:

Originally Posted by scardog

That makes sense. I had a hard time figuring out why someone would jump over the leaders in the industry to get to paymonde. If they will process more edgy sites than CCbill then that is certainly a legitimate reason in my mind. I would be scared to death that Visa would drop them, if they don't do exactly what CCbill and Paycom do! I wasn't calling anyone stupid for processing with them, I just wondered what the reasons were. Sorry for your losses.

Another reason for going with them was there was no yearly visa fee. Fortunately we only lost around $2k plus rebills... should have figured there was no such thing as a free lunch...

payout · 11-15-2006, 10:09 AM

i am pissed right now ....

Calico Jack · 11-15-2006, 02:30 PM

One of many...just one of many!

candyflip · 11-15-2006, 02:52 PM

I was using them to process members that CCBill declined. I'm at $1600 or so lost, plus any rebills.

iCandys · 11-15-2006, 03:56 PM

About $3000... + being offline for a week while we get CCBill in + paying out $1200 from my own pocket to cover the girls' share of that $3000...

Total lost: $4700

Barefootsies · 11-15-2006, 06:41 PM

Thanks to the original poster.

Paymonde Goes Out of Business
By Steve Javors
Wednesday, November 15, 2006

See Also..

* Smash Unearths DVD Piracy Operation
* Private Media to Sponsor XBIZ Industry Conference
* David Hans Schmidt Claims Access to Britney Spears Sex Tape
* FTC to Address Abusive Cookies

Community Threads

* Need A Top Company For Video Encoding?
* Newie...
* What do you think of these domain names !!
* HD Capture with Regular PC

Poll
Are you following the current COPA hearings?
Yes
No
What's That?

MONTREAL ? Third-party payment processor Paymonde has officially gone out of business, CEO Howard Cohen told XBIZ. The company?s demise came after its bank in the Philippines lost acquiring rights to process Mastercard transactions.

?We weren?t left with much of a choice but to go out of business,? Cohen said. ?We have not received payment from the bank, and until we do so, I cannot pay what is owed out of my own pocket. I?m fed up with being beaten up on the webmaster boards. We?re trying to do our best in what is a shitty situation for everyone involved.?

The bank owes Paymonde three weeks of payments and had promised him a settlement Friday, but has still not made good, Cohen said. Cohen could not offer a timetable for webmasters to hear about money owed.

?I want to let everyone know I?m not running away,? Cohen said. ?I?d like to thank all the webmasters that did business with us over five years for their trust and support. I feel terrible for all involved. I?m not a crook. Paymonde is not iBill.?

Cohen promised to evaluate each one of Paymonde?s merchant accounts ?on their own merits.? He said the company is planning to contact every webmaster that is owed money about their financial status, including the amount they are owed.

?What I hate about this whole situation is people on the boards calling me a thief and a scumbag,? Cohen said. ?We tried to take care of all of our clients. I know many of them personally. We were at the shows. We never hid from anybody. We charged lesser percentage [per transaction] than others. And also, everyone should know the big guys like Paycom or CCBill are not immune to this. If their processing gets pulled, how can they pay??

While the Paymonde website is down, Cohen said the company will allow clients into their backend to check on their financial status if they contact him by email.

http://xbiz.com/news_piece.php?id=18162

Barefootsies · 11-20-2006, 03:20 PM

http://www.gofuckyourself.com/showthread.php?t=679159

11-14-2006, 01:29 PM	#1
Calico Jack Confirmed User Join Date: Jul 2004 Posts: 2,051	How much have you lost with Paymonde? Me...$2000 How about you?

11-14-2006, 01:49 PM	#3
MaDalton I am Amazing Content! Industry Role: Join Date: Feb 2004 Posts: 39,829	if they really go down: $5000 __________________ AmazingContent.com - providing only the best content and service since 2003 Monetize your content on Veegaz.com - one of Germanies largest VOD sites Got German traffic? We convert it into money for you! Skype: madalton02826 - Email: oltecconsult [at] gmail [dot] com

11-14-2006, 02:08 PM	#5
Barefootsies Choice is an Illusion Industry Role: Join Date: Feb 2005 Location: Land of Obama Posts: 42,635	$1500 __________________ Should You Email Your Members? Link1 \| Link2 \| Link3 Enough Said. "Would you rather live like a king for a year or like a prince forever?"

11-14-2006, 03:52 PM	#11
stephthegeek Registered User Join Date: Mar 2004 Location: Toronto & Oakland Posts: 402	About $1500. Not to mention rebills. What the hell am I supposed to tell my customers? Now I can't even go in and cancel their rebills. I saw others talking about getting everyone to do chargebacks... is that the best course of action? Last edited by stephthegeek; 11-14-2006 at 03:54 PM..

11-14-2006, 04:02 PM	#14
HighSociety Confirmed User Join Date: Jun 2005 Posts: 1,786	to much to say but it was all dvd sales, it must suck to have to cancel all the rebills and hope they sign up again. I tried to refund all the transactions and they did refund some of them yesterday. I e-mailed 100's and asked them all to charge back also. Just a big clusterfuck. __________________ http://www.highsociety.com http://www.playgirl.com http://www.cheri.com Jonathan "JC" Maldini ICQ: 223 643

11-14-2006, 01:48 PM	#2
dasbroot Registered User Join Date: Nov 2006 Posts: 46	me too $2000

11-14-2006, 02:07 PM	#4
mistermee Confirmed User Join Date: Dec 2005 Posts: 104	About 3500...plus all my rebills of course.

11-14-2006, 02:09 PM	#6
SwirlsGirl So Fucking Banned Join Date: Feb 2006 Location: between east coast and vegas Posts: 2,067	2,000.00 for me plus $500.00 in reserves, seems like 2000.00 is the lucky number. Swirlsgirl

11-14-2006, 02:52 PM	#7
gooddomains Too lazy to set a custom title Join Date: Jul 2003 Location: Netherlands Posts: 10,127	The are gone already check their homepages....

11-14-2006, 03:33 PM	#8
Ima Kepornos Confirmed User Join Date: Nov 2006 Location: Canada Posts: 17	$2,591.04

11-14-2006, 03:36 PM	#9
cem Confirmed User Join Date: Sep 2002 Posts: 415	$2900 ....

11-14-2006, 03:46 PM	#10
gooddomains Too lazy to set a custom title Join Date: Jul 2003 Location: Netherlands Posts: 10,127	there goes the money....

11-14-2006, 03:58 PM	#13
dasbroot Registered User Join Date: Nov 2006 Posts: 46	https://www.myvirtualcard.com/Merchants/

11-14-2006, 04:05 PM	#15
scardog Confirmed User Join Date: Aug 2004 Posts: 886	Why did people use Paymonde? Was it for products? If you are using them for a paysite, why would you overlook CCbill, and Paycom? I know there has to be a reason, but what is it?

11-14-2006, 04:10 PM	#16
samo Confirmed User Join Date: Dec 2005 Posts: 179	A little over $10,000 including reserves. Im fucking finished!

11-14-2006, 04:12 PM	#17
Miura Confirmed User Join Date: Jan 2005 Posts: 278	9359,55 Usd __________________ Alex

11-14-2006, 04:29 PM	#18
Calico Jack Confirmed User Join Date: Jul 2004 Posts: 2,051	Shit...some big dollar amounts...I feel sorry for us all. I wonder what the total figure must look like. Remember this is just one board and what about all the people that don't read boards at all and must be wondering what the fuck is going on. Shit.

11-14-2006, 05:51 PM	#19
NewbieNudes Confirmed User Join Date: Jan 2003 Posts: 939	Way way more than anyone else here. __________________ \| Click Here to join our unique high converting program \| Add yourself for free traffic! ICQ: 279 738 569 \| Skype: NewbieNudes \| Email: affiliates at newbienudes dot com

11-14-2006, 06:30 PM	#25
dasbroot Registered User Join Date: Nov 2006 Posts: 46	it was an 18+ site btw they stoped not because of that.

11-14-2006, 06:58 PM	#28
NikkiVicious Registered User Join Date: Nov 2006 Posts: 2	a little over $300, but my account claims that there's only $78 in the reserves... I haven't recieved a transfer to f2g either.

11-14-2006, 08:00 PM	#29
Vitasoy GFY HALL OF FAME DAMMIT!!! Join Date: Oct 2003 Posts: 58,202	Not as much as you guys, just under 900 __________________ [email protected]

11-14-2006, 08:19 PM	#30
steved Confirmed User Industry Role: Join Date: Nov 2003 Location: New England Posts: 1,963	Never used them so $0. Sorry about everyone's losses, it really sucks when these things happen! __________________ - Make $$$ with Cam Traffic -

11-14-2006, 09:24 PM	#32
interracialtoons Confirmed User Join Date: May 2006 Posts: 1,910	Damn! I'm clueless about this and I'm glad! Already had the Globill and Ibill saga so glad I missed out on this one. __________________ Done.

11-14-2006, 09:30 PM	#33
Calico Jack Confirmed User Join Date: Jul 2004 Posts: 2,051	CCBill can't process Visa for Aussies. So Paymonde was always a great alternative for us, Canadians and people with sites that couldn't obtain processing elsewhere...until this.

11-14-2006, 09:45 PM	#34
gecko ****** Join Date: Jun 2002 Posts: 21,846	Like 200 I think not much __________________ [email protected]

11-15-2006, 10:09 AM	#36
payout Registered User Join Date: Nov 2006 Posts: 3	I missed $7200 i am pissed right now ....

11-15-2006, 02:30 PM	#37
Calico Jack Confirmed User Join Date: Jul 2004 Posts: 2,051	One of many...just one of many!

11-15-2006, 02:52 PM	#38
candyflip Carpe Visio Industry Role: Join Date: Jul 2002 Location: New York Posts: 43,064	I was using them to process members that CCBill declined. I'm at $1600 or so lost, plus any rebills. __________________ Spend you some brain. Email Me

11-15-2006, 03:56 PM	#39
iCandys Registered User Join Date: Nov 2006 Location: Canada Posts: 5	About $3000... + being offline for a week while we get CCBill in + paying out $1200 from my own pocket to cover the girls' share of that $3000... Total lost: $4700 __________________ www.iCandys.net \| www.CandyClicks.com

11-15-2006, 06:41 PM	#40
Barefootsies Choice is an Illusion Industry Role: Join Date: Feb 2005 Location: Land of Obama Posts: 42,635	Thanks to the original poster. Paymonde Goes Out of Business By Steve Javors Wednesday, November 15, 2006 See Also.. * Smash Unearths DVD Piracy Operation * Private Media to Sponsor XBIZ Industry Conference * David Hans Schmidt Claims Access to Britney Spears Sex Tape * FTC to Address Abusive Cookies Community Threads * Need A Top Company For Video Encoding? * Newie... * What do you think of these domain names !! * HD Capture with Regular PC Poll Are you following the current COPA hearings? Yes No What's That? MONTREAL ? Third-party payment processor Paymonde has officially gone out of business, CEO Howard Cohen told XBIZ. The company?s demise came after its bank in the Philippines lost acquiring rights to process Mastercard transactions. ?We weren?t left with much of a choice but to go out of business,? Cohen said. ?We have not received payment from the bank, and until we do so, I cannot pay what is owed out of my own pocket. I?m fed up with being beaten up on the webmaster boards. We?re trying to do our best in what is a shitty situation for everyone involved.? The bank owes Paymonde three weeks of payments and had promised him a settlement Friday, but has still not made good, Cohen said. Cohen could not offer a timetable for webmasters to hear about money owed. ?I want to let everyone know I?m not running away,? Cohen said. ?I?d like to thank all the webmasters that did business with us over five years for their trust and support. I feel terrible for all involved. I?m not a crook. Paymonde is not iBill.? Cohen promised to evaluate each one of Paymonde?s merchant accounts ?on their own merits.? He said the company is planning to contact every webmaster that is owed money about their financial status, including the amount they are owed. ?What I hate about this whole situation is people on the boards calling me a thief and a scumbag,? Cohen said. ?We tried to take care of all of our clients. I know many of them personally. We were at the shows. We never hid from anybody. We charged lesser percentage [per transaction] than others. And also, everyone should know the big guys like Paycom or CCBill are not immune to this. If their processing gets pulled, how can they pay?? While the Paymonde website is down, Cohen said the company will allow clients into their backend to check on their financial status if they contact him by email. http://xbiz.com/news_piece.php?id=18162 __________________ Should You Email Your Members? Link1 \| Link2 \| Link3 Enough Said. "Would you rather live like a king for a year or like a prince forever?"

11-20-2006, 03:20 PM	#41
Barefootsies Choice is an Illusion Industry Role: Join Date: Feb 2005 Location: Land of Obama Posts: 42,635	http://www.gofuckyourself.com/showthread.php?t=679159 __________________ Should You Email Your Members? Link1 \| Link2 \| Link3 Enough Said. "Would you rather live like a king for a year or like a prince forever?"