Just in from Cardline.....Paypal Out of Adult? - GoFuckYourself.com

Epoch · 07-09-2002, 01:45 PM

EBAY WILL RESTRICT PAYPAL'S USE, ANALYST SAYS: Online auctioneer eBay Inc.'so acquisition of leading person-to-person service PayPal Inc. will "dampen PayPal's rapid growth across the internet," says Avivah Litan, vice president and research director at Gartner Research. That's because eBay likely will restrict use of PayPal to the eBay site, she says. Although 60% of Mountain View, CA-based PayPal's business comes from eBay, PayPal has been trying to move beyond auction sites to recruit small businesses and other non-auction merchants, both in the U.S. and abroad. "The credit card companies can breathe a temporary sigh of relief," Litan says. "PayPal is not going to become this ubiquitous alternative to credit card systems." Already, San Jose-based eBay has announced it will stop supporting online
gambling, "a big growth area" for PayPal, Litan says.

Clay
EPOCH - A Privately held adult processing company
http://www.epochsystems.com/sales

kmanrox · 07-09-2002, 01:49 PM

that's the stupidest thing i've ever heard...

hey, we own paypal now, let's fuck it up!! woohoo!

=)

kmanrox · 07-09-2002, 01:50 PM

how am i supposed to tip the hookers that Clay sends me at the conventions?!? damnit

;-)

Lensman · 07-09-2002, 01:57 PM

So you can only use Paypal to pay for Auctions? How messed up is that?

BrettJ · 07-09-2002, 01:58 PM

Damn. I was just in the midst of testing paypal out ... for alternative billing....

gregtx · 07-09-2002, 02:00 PM

I received a call from Jeremy Downs yesterday... he assured me that nothing would change... they would continue to handle all of our cc processing for freshphotos etc...

peace
greg

hyper · 07-09-2002, 02:23 PM

so now all the cc processors are gonna try to scare everyone into signing up with them

first ibill kathy
and now epoch

who's next? ccbill?

Kimmykim · 07-09-2002, 02:26 PM

I would say that gambling sites are a much bigger concern to Paypal no matter who owns them at the moment

As for Paypal, I'd still consider it a decent alternative processor but I certainly wouldn't put all my eggs in one basket with anyone -

Epoch · 07-09-2002, 02:27 PM

I'm not trying to scare anyone, just sharing industry news. Stay with Paypal.

Clay
Epoch - Help We Need Business - Boo!
http://www.epochsystems.com/sales

nocostporn · 07-09-2002, 02:33 PM

um I don't think anybody is that worried about it for processing but more so for the fact that you could send money without taking timeout to wire or fedex it... I hope that doesnt change

paypal isn't even doing that many adult transaction are they?

hyper · 07-09-2002, 02:44 PM

Quote:

Originally posted by Epoch
I'm not trying to scare anyone, just sharing industry news.

Your beating a dead dog

Quote:

Stay with Paypal.

Thanks i will

TheFLY · 07-09-2002, 02:44 PM

tnx greg for that great news -- that's encouraging.

SykkBoy · 07-09-2002, 03:35 PM

Quote:

Originally posted by nocostporn
um I don't think anybody is that worried about it for processing but more so for the fact that you could send money without taking timeout to wire or fedex it...

plus it's so much cheaper than wiring, fedexing, western union and shit...has anyone else ever tried to wire money through western union via the Internet...fucking near impossible...those are the ones who should fear PayPal. freaking western union and money gram......

so, who's going to step forward and create a strictly adult version of Paypal? ;) oo bad tokensystmes failed misrably, that could have worked well........

mike503 · 07-09-2002, 03:37 PM

i never did trust paypal

mike503 · 07-09-2002, 03:37 PM

Quote:

Originally posted by SykkBoy2

so, who's going to step forward and create a strictly adult version of Paypal? ;)

i'll code if someone (or some people) take the business lead on things and arrange the right hookups with the CC companies

BrettJ · 07-09-2002, 03:38 PM

Yup. I just got off with Jeremy too. cool guy.

=)

One thing that he said - was that buyout would probably take 6 mnths. Which you could read - even if they stop processing adult - ya got that lead time. But he doesn't think that will ever happen.

pr0 · 07-09-2002, 03:49 PM

Lensman, quit giving away cars & use the money to start your own Adult Paypal type service!

Jayson · 07-09-2002, 04:51 PM

Quote:

Originally posted by mike503

i'll code if someone (or some people) take the business lead on things and arrange the right hookups with the CC companies

I have the code already done, built, tested, tested, tested.

Never going to get used though. Paypal wasnt profitable doing mainstream and at their charges certainly wouldnt be profitable being adult only.

D_Nell · 07-09-2002, 05:26 PM

With the market getting shittier you think that since paypal is growing in other areas that EBAY would allow this to continue!
I find it hard to believe EBAY would cut the profits of PayPal to a limited use of just an Auction. Looks like we still have the dumb fucks as CEO's in corporate america!

D_Nell · 07-09-2002, 05:30 PM

Quote:

Originally posted by Jayson

I have the code already done, built, tested, tested, tested.

Never going to get used though. Paypal wasnt profitable doing mainstream and at their charges certainly wouldnt be profitable being adult only.

Lets do it! Lets show EBAY what they are missing out on. If you just target the Adult Industry and the Online Casino Industry we could take over all those clients and gain new ones!

nocostporn · 07-09-2002, 05:31 PM

Quote:

Originally posted by D_Nell

Lets do it! Lets show EBAY what they are missing out on. If you just target the Adult Industry and the Online Casino Industry we could take over all those clients and gain new ones!

ebaypal will buy you out before you become anything

hyper · 07-09-2002, 05:31 PM

Quote:

Originally posted by D_Nell
With the market getting shittier you think that since paypal is growing in other areas that EBAY would allow this to continue!
I find it hard to believe EBAY would cut the profits of PayPal to a limited use of just an Auction. Looks like we still have the dumb fucks as CEO's in corporate america!

not just in the corporate sector
just look at our fine government

let's just wait till everyone gets fucked over then we'll try to make it right.

no wonder people lost confidence in the stock market
put your $$ under your pillows

hornybunny · 07-09-2002, 05:34 PM

COMING SOON!

www.pornpal.com

D_Nell · 07-09-2002, 06:09 PM

Quote:

Originally posted by hornybunny
COMING SOON!

www.pornpal.com

GOOD NAME BUT DO YOU HAVE THE DOMAIN????

mike503 · 07-09-2002, 06:12 PM

Domain Name: PORNPAL.COM

Created on..............: Sun, Jun 09, 2002

one month ago today

odd

playa · 07-09-2002, 07:52 PM

Quote:

Originally posted by D_Nell

GOOD NAME BUT DO YOU HAVE THE DOMAIN????

actually if pornpal.com came to be,, ebay will prolly take it away from them,,, way to similar names

Martin · 07-09-2002, 08:01 PM

Hey Mr Epoch I can't get your stats page to load...

heymatty · 07-09-2002, 08:32 PM

Ebay already make plenty of money with adult videos, dvds, wacko shit like panties, I fully understand them getting out of the casinos though.

On a side note, Amex is reigning back paypal more each month and its not something they are discussing with paypal they are just stopping transactions. They imposed a limit a few months back and they cut it again this month. No doubt visa and mastecard are watching the situation.

nocostporn · 07-09-2002, 08:34 PM

Quote:

Originally posted by Martin
Hey Mr Epoch I can't get your stats page to load...

Socks · 07-09-2002, 08:37 PM

Quote:

Originally posted by gregtx
I received a call from Jeremy Downs yesterday... he assured me that nothing would change... they would continue to handle all of our cc processing for freshphotos etc...

Yeah? What song will he sing when the company policy that he enforces changes? The exact opposite.

foe · 07-09-2002, 09:16 PM

Paypal will not leave the adult industry, if it does there will be another company providing the same exact service that will quickly replace them

Jayson · 07-09-2002, 09:38 PM

Quote:

Originally posted by D_Nell

Lets do it! Lets show EBAY what they are missing out on. If you just target the Adult Industry and the Online Casino Industry we could take over all those clients and gain new ones!

The card company cartel is just becoming too hard to deal with. It is already one of PayPal's biggest problems.

There have been a lot of mandated changes to PayPal's systems because of the companies like the Quasi Cash option so they can flag it as a cash advance (which by they way you cant select if you are not US/Canada).

Besides what we all like to think, adult is just not big enough. I remember seeing what IBill were processing in a year listed in the announcement when they were bought and PayPal was already doing 10 times that and not profitable.

And for those that dont think that PayPal will stop doing adult, I would think again. Ebay still has around 60% of payments for auctions being made by cheque or money order. If they can tightly integrate PayPal into the process and get that extra 60% they will be doing very nicely.

Also, it will probably allieviate alot of card issuer troubles as you could then argue that they are not agregating merchant accounts which is what both Visa and Mastercard are trying to stamp out at the moment without running into Anti Trust issues. As I have said before, here in Australia and in alot of other countries you couldnt operate a CCBill/IBill/PayPal without breaching card scheme rules. Now you may get away with not having your merchant account terminated it by tying things up in courts on antitrust related issues but it isnt cheap to do that.

This transaction solves PayPals problem of having to try and become profitable while fixing Ebays Billpoint stuffup. There is no motivation that I can see for Ebay to want to own a PayPal type offering and keep it seperate.

Jayson

GonZo · 07-19-2002, 08:59 AM

Quote:

Originally posted by SykkBoy2

plus it's so much cheaper than wiring, fedexing, western union and shit...has anyone else ever tried to wire money through western union via the Internet...fucking near impossible...those are the ones who should fear PayPal. freaking western union and money gram......

so, who's going to step forward and create a strictly adult version of Paypal? ;) oo bad tokensystmes failed misrably, that could have worked well........

Sykkk! Long time no type..hell no radio!

I used tokensystems myself but I think they were too worried about ridding the world of free content/tgp/ tour sites and etc.

I like PayPal and Ive used it a lot. Hell they sent me a couple of their nifty credit cards. But I bet ya after they nuke gambling they will turn the screws to adult sites.

I couldnt help but respond to your rhetorical question of whos stepping forward with the adult version of paypal. I think Ive got an answer but its not quite along the model that paypal has followed.

What we are doing is prepaid. Our focus is on gambling and adult sites. We are trying to allow is a way for those folks that want to spend the cash on adult content or gaming to be able to spend that cash and remain anonymous.

I wont turn this into a long commercial but just say that we are starting to pre register webmasters and their sites now for the Sept. launch. If your interested in see what we are up to come over to the site and check it out and register so you can get the better portal placement.
The site is
www.6card.com

any questions anyone feel free to email me [email protected]

sweetcuties · 07-19-2002, 09:12 AM

Quote:

Originally posted by BrettJ
Damn. I was just in the midst of testing paypal out ... for alternative billing....

Yea, this sucks... I've got a few paypal customers

nuclei · 07-19-2002, 09:18 AM

Quote:

Originally posted by mike503

i'll code if someone (or some people) take the business lead on things and arrange the right hookups with the CC companies

Its already been coded, by several people.

07-09-2002, 01:45 PM	#1
Epoch Confirmed User Join Date: Jan 2002 Location: Marina del Rey, CA Posts: 193	Just in from Cardline.....Paypal Out of Adult? EBAY WILL RESTRICT PAYPAL'S USE, ANALYST SAYS: Online auctioneer eBay Inc.'so acquisition of leading person-to-person service PayPal Inc. will "dampen PayPal's rapid growth across the internet," says Avivah Litan, vice president and research director at Gartner Research. That's because eBay likely will restrict use of PayPal to the eBay site, she says. Although 60% of Mountain View, CA-based PayPal's business comes from eBay, PayPal has been trying to move beyond auction sites to recruit small businesses and other non-auction merchants, both in the U.S. and abroad. "The credit card companies can breathe a temporary sigh of relief," Litan says. "PayPal is not going to become this ubiquitous alternative to credit card systems." Already, San Jose-based eBay has announced it will stop supporting online gambling, "a big growth area" for PayPal, Litan says. Clay EPOCH - A Privately held adult processing company http://www.epochsystems.com/sales

07-09-2002, 01:49 PM	#2
kmanrox aka K-Man Industry Role: Join Date: Oct 2001 Location: The Gutter Posts: 29,292	that's the stupidest thing i've ever heard... hey, we own paypal now, let's fuck it up!! woohoo! =) __________________ Crypto HODLr Crypto mining Angel investor

07-09-2002, 01:50 PM	#3
kmanrox aka K-Man Industry Role: Join Date: Oct 2001 Location: The Gutter Posts: 29,292	how am i supposed to tip the hookers that Clay sends me at the conventions?!? damnit ;-) __________________ Crypto HODLr Crypto mining Angel investor

07-09-2002, 02:23 PM	#7
hyper Confirmed User Join Date: Mar 2002 Location: Mass Ass Posts: 5,294	so now all the cc processors are gonna try to scare everyone into signing up with them first ibill kathy and now epoch who's next? ccbill? __________________

07-09-2002, 02:33 PM	#10
nocostporn Confirmed User Join Date: Mar 2002 Location: Maryland Posts: 5,228	um I don't think anybody is that worried about it for processing but more so for the fact that you could send money without taking timeout to wire or fedex it... I hope that doesnt change paypal isn't even doing that many adult transaction are they? __________________ CashTheChecks.com -coming soon- "Exclusive sites for Exclusive Webmasters" ICQ-119966868,add me first don't message

07-09-2002, 01:57 PM	#4
Lensman GFY Chaperone Join Date: Jan 2001 Location: Adult.com Posts: 9,846	So you can only use Paypal to pay for Auctions? How messed up is that?

07-09-2002, 01:58 PM	#5
BrettJ ol' timer Industry Role: Join Date: Jan 2001 Location: Seattle WA Posts: 4,715	Damn. I was just in the midst of testing paypal out ... for alternative billing....

07-09-2002, 02:00 PM	#6
gregtx Confirmed User Industry Role: Join Date: Jan 2002 Location: Dallas, TX Posts: 1,929	I received a call from Jeremy Downs yesterday... he assured me that nothing would change... they would continue to handle all of our cc processing for freshphotos etc... peace greg

07-09-2002, 02:26 PM	#8
Kimmykim bitchslapping zebras!!!!! Industry Role: Join Date: Jun 2001 Location: In a shack by the beach Posts: 16,015	I would say that gambling sites are a much bigger concern to Paypal no matter who owns them at the moment As for Paypal, I'd still consider it a decent alternative processor but I certainly wouldn't put all my eggs in one basket with anyone -

07-09-2002, 02:27 PM	#9
Epoch Confirmed User Join Date: Jan 2002 Location: Marina del Rey, CA Posts: 193	I'm not trying to scare anyone, just sharing industry news. Stay with Paypal. Clay Epoch - Help We Need Business - Boo! http://www.epochsystems.com/sales

07-09-2002, 02:44 PM	#12
TheFLY So Fucking Banned Join Date: Jan 2001 Location: http://www.thefly.net/ --- Quit your job and live off steady traffic. Posts: 11,856	tnx greg for that great news -- that's encouraging.

07-09-2002, 03:37 PM	#14
mike503 Confirmed User Industry Role: Join Date: May 2002 Location: oregon. Posts: 2,243	i never did trust paypal __________________ php/mysql guru. hosting, coding, all that jazz.

07-09-2002, 03:38 PM	#16
BrettJ ol' timer Industry Role: Join Date: Jan 2001 Location: Seattle WA Posts: 4,715	Yup. I just got off with Jeremy too. cool guy. =) One thing that he said - was that buyout would probably take 6 mnths. Which you could read - even if they stop processing adult - ya got that lead time. But he doesn't think that will ever happen.

07-09-2002, 03:49 PM	#17
pr0 rockin tha trailerpark Industry Role: Join Date: May 2001 Location: ~Coastal~ Posts: 23,088	Lensman, quit giving away cars & use the money to start your own Adult Paypal type service! __________________ __________ Loadedca$h - get sum! - Revengebucks - mmm rebills! - webair (gotz sErVrz)

07-09-2002, 05:26 PM	#19
D_Nell Confirmed User Join Date: May 2002 Location: London, UK Posts: 1,264	With the market getting shittier you think that since paypal is growing in other areas that EBAY would allow this to continue! I find it hard to believe EBAY would cut the profits of PayPal to a limited use of just an Auction. Looks like we still have the dumb fucks as CEO's in corporate america! __________________ ITS TIME FOR SOME FREEHOSTING DAMN IT! CLICK HERE! ICQ# 98081374 \| [email protected]

07-09-2002, 05:34 PM	#23
hornybunny Confirmed User Join Date: Apr 2002 Posts: 155	COMING SOON! www.pornpal.com

07-09-2002, 06:12 PM	#25
mike503 Confirmed User Industry Role: Join Date: May 2002 Location: oregon. Posts: 2,243	Domain Name: PORNPAL.COM Created on..............: Sun, Jun 09, 2002 one month ago today odd __________________ php/mysql guru. hosting, coding, all that jazz.

07-09-2002, 08:01 PM	#27
Martin "Assassins" Industry Role: Join Date: Dec 2001 Location: At home Posts: 17,277	Hey Mr Epoch I can't get your stats page to load...

07-09-2002, 08:32 PM	#28
heymatty Confirmed User Join Date: Oct 2001 Location: Scottsdale :) Posts: 2,188	Ebay already make plenty of money with adult videos, dvds, wacko shit like panties, I fully understand them getting out of the casinos though. On a side note, Amex is reigning back paypal more each month and its not something they are discussing with paypal they are just stopping transactions. They imposed a limit a few months back and they cut it again this month. No doubt visa and mastecard are watching the situation. __________________ Cashlantis ~ Black Book Cash

07-09-2002, 09:16 PM	#31
foe Confirmed User Join Date: May 2002 Location: CT Posts: 5,246	Paypal will not leave the adult industry, if it does there will be another company providing the same exact service that will quickly replace them