Merchants are great, and merchants are awful.

The one positive thing about running a third party processor is you rarely have to kick them in the ass more than once to fix something that isn't working right.

Everything else is much, much better with your own merchant account.

what a fucking moron

ok facts please

1. having your own merchant account and using a service like NetBilling buts the risk in your hands. You control what level of fraud protection you want to use for the countries that you sell to. Not someone else who TELLS you what you can and cannot take.

2. Does not mater if you have a third party or your own merchant account. you are held to a threshold for Fraud.

3. My conversions are Much better with my netbilling service and my own merchant account then any of the third party billers.

4. My Profit is greater with my netbilling account and my own merchant account paying as little as 4% to 7% of all transaction. Not 10.5 to 13% that some third party will charge. So if you are billing the minimum 35k a month that is $420,000 a year x 5% $21k a year in profit. not to mention increased sales. for those that bill out 10 mil that is 200+k a year.


Like many of you I have seen many changes over the years when it comes to nilling. From the days when 10% chargebacks was ok to now when 1% in no good. We have seen countless third parties go under or lose their merchant account including one of the largest in the world. The one thing that is solid and I can trust is my ability to manage our risk and our fraud controls to determine how much or how little we want to risk.

The point is I control what is best for MY business not someone else.

If you have 35K or more in volume and do not have a merchant account drop a note to my good friend [email protected] and he will add at least 5% to your bottom line and that is no joke and sales pitch. it is a fact.

oh and I am not a dolphin fan

Great facts and thanks very much for the very kind words. I will talk to you this afternoon.

Yes you are deep down inside

Mitch

Without a doubt. Programs are signing up with Paygea direct every week both small, mid, and large accounts. I think merchants may think that manage everything in-house is too cumbersome. However, when you weigh the benefits they are pretty big. For example, we charge at least half of what third party processors charge. We have extensive fraud controls, multi-currency, rebill support, and more.

If you need to get incorporated in the EU, we take care of that in-house for you with our attorney. Once that is live, we do the rest until you are live.

If the merchant needs customer support, PW management,etc, we are hooked up with Netbilling..

It is the way to go for sure. Plus, EU has high chargeback thresholds.

Bump for Patricia at Paygea! :thumbsup

I don't think many Floridians are anymore:-)

It is vital to find strong banks that not only take adult merchants, but are also friendly to the adult industry. Additionally, it is a very good idea to have multiple merchant accounts in more than one region.

We have 7 strong, adult friendly banks in 3 processing regions. You can never have too many merchant accounts. It pays to diversify your risk from any single point of failure.

You'd be hard pressed to find a more idiotic post on this board

L3 rocks!!!

Mitch

trolls. bahhhh

What CAMZ DAN said!

Would you be interested in testing us out too?

We'll handle everything incorps in house if you need it.

I agree with:

12clicks, folks can just as easily be shaved by people using third party

Dan Camz, Netbilling will increase profit

Mitch, Netbilling is awesome!

Varius, just as important to have back up processors

Mike B, an awesome guy, full of integrity, and the guy to talk to about getting a merch account.

:2 cents::2 cents::2 cents::2 cents::2 cents::2 cents:

We have integrated our merchant account solution with Netbilling's gateway for merchants who need additional features and I have to agree.... Mitch and Karen at Netbilling are great!:-)

so HE'S the reason Jewel was playing cards with us. Shit, I thought it was about me. :winkwink:

Time to chime in for fun

LMFAO

LMFAO at that burn. Oooooooh buuuuuuuuurn

Thanks man. I need to reach Becky. Can you send me her contact info please?

Thanks, Mitch

Hit me up I think we can do buisness

No problem, I'll get you two in touch tomorrow

Much appreciated

no but I do find it Ironic the dolphins hold the only undefeated season and that in a year that the Fins may not win a game the same year the Pats win all of them.

And you had to say this why?

this is completely incorrect. Its been common knowledge for at least 7 years that in the end there would be only 2 and they'd be epoch and ccbill.

so I don't know who this "everyone" is you speak of who was trusting their money with ibill.
:winkwink:

Good thread..

Merchant accounts are great (and so is Netbilling I might add). All of those people complaining about chargebacks etc., need to probably look at their sites. Think about this. What would happen if alot of the 3rd party processors did go under? The porn industry would be a much better place for porn. No more shitty sites, because the higher chargeback rate would put them under. Those who take the time to ensure their sites have higher quality content, maintain their sites appropriately etc would have nothing to worry about. It would change the way we do porn. Third party billers do nothing but give Joe Schmoe the ability to take photos of his ex-girlfriend and throw em on the web for $24.95.

this is also far off the mark.

How so? It was my opinion and a generalization, but also based off of experience, but please feel free to enlighten me. If someone provides a shitty product without a simple way to get processing done, they wont have a way to sell the product. Merchant accounts are much better for our business (mostly because fee's etc are lower, and we can decide who we want to process). Just like Camz_Dan stated, we wanted to be in control of our billing and our business. For our sites our chargeback ratio is damn near non-existant. Why? Because we offer a quality site for our members, custom content and great customer service. The few chargebacks we do get are either because they spouse found out or their kid got the card., either way its < 1% by far.

If owners of some of these sites took the time and quit trying to make 1 million sites that all look the same, they might actually make more money. Besides managing 1 really good site is 100x easier than managing 100 bad ones.

custom content, quality of sites, and great customer service are irrelevant to the overall chargeback picture in the current climate of adult and really have ZERO to do with 3rd party billing. :winkwink:
You're also confusing a couple different issues in an attempt to make your business model sound like the one everyone else should follow.

First off I am not saying our model is for everyone. Each person runs their business their own way. The comments were brought up in this thread about Merchant accounts and how there are so many charge backs and one would lose their merchant account.

To me our success in having a low charge back ratio is absolutely content, customer support which is where my statements were based. For third party processors, to me they are a rip off, do we use them in a cascade? Yes, but only if our primary merchant is off line. Why would I hand my money over to a 3rd party processor to do the exact same thing we can do better in house? BTW, I agree my comments were not as clear as they should have been, I have a tendency to do that on the boards. Maybe we have been lucky and our fraud ratio has been fairly low where other companies have a higher occurrence of fraud and thus meaning more charge backs.

Good discussion you guys are having

The only thing I would like to add is that I am glad that there are third party billing companies. I am not suggesting that no one use them. We cascade. it is a shame the the times have changed to exclude quality amateurs from starting a new site with their own merchant account that they have to go to a third party to build up volume to get an account of their own.

There are a lot of people (Joe Shmoe's) that started out with a web site of them and their wives. including me. What about great quality sites like some people in this thread. Venus, Awesome stuff and quality content. Another that comes to mind is Naughty Allie Naughtybank.com they run an excellent site and quality program. All started as small merchants now billing big numbers.

I hope that we do not create a system that squeezes out the productive individuals and make it a business that only organized corp's can start.

As someone who works directly with 400 amateurs with our CamZ network and AmateurCamZ it is important that they continue to have the ability to do their thing on their own.

Have fun.

Merry X Mas

I completely agree with you Dan. Of course, we can process for anyone but the restrictions lie at the bank level. For membership sites or other "high risk" businesses, banks do not want to take the risk on a startup or small merchant. However, we can easily place most merchants doing $40k per month or more offshore or domestically.

Of course for products both adult and mainstream, there is no minimum.

Mitch

There are some smaller third party processors out there like Verotel that have been around for years successfully but keep in mind that there are thousands of webmasters that do not read the boards that did not know Ibill was in trouble until it was too late and so many lost alot of money because of it.

We like to work with merchants that process over 30k per month but if you do 15-20k and are growing, we can incorp you in the EU and set you up with a merchant account. While we do provide our own gateway, we would recommend you use Jettis or Netbilling's gateway to take advantage of tools such as customer support, password management, and hosted join pages. This was, you have the lower rates and flexibility that come with having your own merchant account with us and at the same time, don't need to build an infrastructure in-house.

Thank you for the mention. We are happy to be working with you.