![]() |
![]() |
![]() |
||||
Welcome to the GoFuckYourself.com - Adult Webmaster Forum forums. You are currently viewing our boards as a guest which gives you limited access to view most discussions and access our other features. By joining our free community you will have access to post topics, communicate privately with other members (PM), respond to polls, upload content and access many other special features. Registration is fast, simple and absolutely free so please, join our community today! If you have any problems with the registration process or your account login, please contact us. |
![]() ![]() |
|
Discuss what's fucking going on, and which programs are best and worst. One-time "program" announcements from "established" webmasters are allowed. |
|
Thread Tools |
![]() |
#1 |
Confirmed User
Join Date: Oct 2002
Location: B.C, Canada
Posts: 136
|
New Canadian Visa/Ibill Rules
I'm based in Canada and my visa rebills are being processed just fine. I'm also processing
initial visa sales. My initial thought was that Ibill let my account slip through the cracks somehow. I called Ibill this morning and talked to a rep. He told me that on the 14th Visa changed it's rules. Basically what he told me was if you have existing visa rebills they will keep processing. Visa now feels that they want to keep their existing subscribers instead of cutting them off. They have also taken it a step further and are now allowing initial sales as well. As long as you have filled out the registration form Ibill will automatically deduct the $750 fee from your account. The rep I was talking to didn't seem to know all the exact details, so I will be calling again on monday to talk to my sales rep. If anyone else has any more information, please post. |
![]() |
![]() ![]() ![]() ![]() ![]() |
![]() |
#2 |
Richest man in Babylon
Industry Role:
Join Date: Jan 2002
Location: Posts: 10,002
Posts: 5,726
|
Some of the Australian guys have mentioned the same.
Did they get your $750 yet? I knew it would end up like this. Special decision on the 14th lol. |
![]() |
![]() ![]() ![]() ![]() ![]() |
![]() |
#3 |
Confirmed User
Industry Role:
Join Date: Feb 2002
Posts: 205
|
Well, Im lost for words !
Looks like this may have been the biggest joke of all, afterall. I guess those that walked away from their rebills and took their new business elsewhere will be smiling now ![]() Also, it was my understanding that only VISA US clients would be charged the $750 at this stage.. |
![]() |
![]() ![]() ![]() ![]() ![]() |
![]() |
#4 |
GFY HALL OF FAME DAMMIT!!!
Join Date: Jan 2002
Location: that 504
Posts: 60,840
|
neato.
__________________
![]() Want an Android App for your tube, membership, or free site? Need banners or promo material? Hit us up (ICQ Fletch: 148841377) or email me fletchxxx at gmail.com - ![]() |
![]() |
![]() ![]() ![]() ![]() ![]() |
![]() |
#5 |
Confirmed User
Join Date: Oct 2002
Location: B.C, Canada
Posts: 136
|
Well.... I have been told two different things from Ibill.
1) That the $750 fee will be waived 2) The $750 fee will be deducted from my account I'll have to call in on monday and get a straight answer from my sales rep |
![]() |
![]() ![]() ![]() ![]() ![]() |
![]() |
#6 |
we'll miss you our friend. RIP
Industry Role:
Join Date: Sep 2001
Location: Fernie, BC
Posts: 25,115
|
you probably won't have to pay it. i didn't.
__________________
we'll miss you our friend. RIP |
![]() |
![]() ![]() ![]() ![]() ![]() |
![]() |
#7 |
Confirmed User
Join Date: Oct 2002
Location: B.C, Canada
Posts: 136
|
Quiet, are you based out of Canada?
|
![]() |
![]() ![]() ![]() ![]() ![]() |
![]() |
#8 |
Richest man in Babylon
Industry Role:
Join Date: Jan 2002
Location: Posts: 10,002
Posts: 5,726
|
Quiet did you do your application as Canadian?
|
![]() |
![]() ![]() ![]() ![]() ![]() |
![]() |
#9 | |
we'll miss you our friend. RIP
Industry Role:
Join Date: Sep 2001
Location: Fernie, BC
Posts: 25,115
|
Quote:
|
|
![]() |
![]() ![]() ![]() ![]() ![]() |
![]() |
#10 | |
we'll miss you our friend. RIP
Industry Role:
Join Date: Sep 2001
Location: Fernie, BC
Posts: 25,115
|
Quote:
__________________
we'll miss you our friend. RIP |
|
![]() |
![]() ![]() ![]() ![]() ![]() |
![]() |
#11 |
Richest man in Babylon
Industry Role:
Join Date: Jan 2002
Location: Posts: 10,002
Posts: 5,726
|
It will be hilarious if all that stress and expense was for nothing.
Forget $750 I am sure it cost me $7500. ![]() |
![]() |
![]() ![]() ![]() ![]() ![]() |
![]() |
#12 | |
we'll miss you our friend. RIP
Industry Role:
Join Date: Sep 2001
Location: Fernie, BC
Posts: 25,115
|
Quote:
__________________
we'll miss you our friend. RIP |
|
![]() |
![]() ![]() ![]() ![]() ![]() |
![]() |
#13 | |
So Fucking Banned
Join Date: Jan 2002
Location: Hanging by the neck until dead.
Posts: 4,660
|
Quote:
|
|
![]() |
![]() ![]() ![]() ![]() ![]() |
![]() |
#14 | |
we'll miss you our friend. RIP
Industry Role:
Join Date: Sep 2001
Location: Fernie, BC
Posts: 25,115
|
Quote:
__________________
we'll miss you our friend. RIP |
|
![]() |
![]() ![]() ![]() ![]() ![]() |
![]() |
#15 |
lol
Industry Role:
Join Date: Jan 2002
Posts: 15,969
|
those cocksuckers at visa want every penny they can squeeze out of us.
|
![]() |
![]() ![]() ![]() ![]() ![]() |
![]() |
#16 | |
So Fucking Banned
Join Date: Jan 2002
Location: Hanging by the neck until dead.
Posts: 4,660
|
Quote:
|
|
![]() |
![]() ![]() ![]() ![]() ![]() |
![]() |
#17 |
we'll miss you our friend. RIP
Industry Role:
Join Date: Sep 2001
Location: Fernie, BC
Posts: 25,115
|
believe me, shoplifter and i were doing all the worrying and stressing - about our rebills. not ibill lol.
anyway, it looks like all the bs and hoops we went through may have been completely pointless.
__________________
we'll miss you our friend. RIP |
![]() |
![]() ![]() ![]() ![]() ![]() |
![]() |
#18 | |
Richest man in Babylon
Industry Role:
Join Date: Jan 2002
Location: Posts: 10,002
Posts: 5,726
|
Quote:
I would have thought that Ibill would provide specific instructions to their larger clients as to how to maintain their accounts at Ibill, but nothing like that happened. Everyone large or small was left to guess what to do and to try to read between the lines. And many have left them. I previously made a claim that I thought they might lose as much as 50% of their revenues over this whole mess. I wonder if I may have been right, and someone somewhere blinked. It will be interesting to see what is up with this on Monday. |
|
![]() |
![]() ![]() ![]() ![]() ![]() |
![]() |
#19 | |
GFY HALL OF FAME DAMMIT!!!
Join Date: Jan 2002
Location: that 504
Posts: 60,840
|
Quote:
![]()
__________________
![]() Want an Android App for your tube, membership, or free site? Need banners or promo material? Hit us up (ICQ Fletch: 148841377) or email me fletchxxx at gmail.com - ![]() |
|
![]() |
![]() ![]() ![]() ![]() ![]() |
![]() |
#20 |
Too lazy to set a custom title
Industry Role:
Join Date: Sep 2002
Posts: 34,431
|
from Oprano, interesting reading about IBILL.
************************************************** * have you seen intercepts 10k they filed today, do a search on ibill in it, is interesting. Sure people on Oprano would want to know. http://biz.yahoo.com/e/021114/icpt10-q.html ************************************************** *
__________________
I moved my sites to Vacares Hosting. I've saved money, my hair is thicker, lost some weight too! Thanks Sly!
|
![]() |
![]() ![]() ![]() ![]() ![]() |
![]() |
#21 |
we'll miss you our friend. RIP
Industry Role:
Join Date: Sep 2001
Location: Fernie, BC
Posts: 25,115
|
We may have difficulty in complying with a new Visa rule, and the implementation of that rule could materially affect our revenues from Visa transactions.
Visa has implemented a new rule effective November 15, 2002. This rule identifies iBill as an internet payment service provider, and requires iBill to register all of its clients as ?sponsored merchants.? A registration fee will be assessed to iBill for each sponsored merchant, and iBill will in turn collect a registration fee from the sponsored merchant. If merchants are unwilling to pay this registration fee and decline to accept Visa credit cards, our revenues may decline significantly and we may lose customers. In addition, the geographic location of each sponsored merchant will be disclosed to the internet consumer. Additionally, we will not be able to acquire transactions on behalf of foreign sponsored merchants, unless it is from an acquirer within the sponsored merchant?s region. We are in the process of establishing relationships with foreign banks to serve as iBill?s acquiring banks. If we fail to comply with the new Visa rule, Visa may fine our acquiring bank, which will in turn seek indemnification from us. hmm.
__________________
we'll miss you our friend. RIP |
![]() |
![]() ![]() ![]() ![]() ![]() |
![]() |
#22 |
we'll miss you our friend. RIP
Industry Role:
Join Date: Sep 2001
Location: Fernie, BC
Posts: 25,115
|
In the third quarter of 2001 and the first quarter of 2002,
Visa determined that iBill violated its operating rules by having excessive charge-backs, which resulted in fines. Also, MasterCard is currently reviewing our charge-back ratios. If MasterCard or Visa determine that our charge-back percentages exceed their limits, it could result in additional fines or the termination of our ability to accept credit cards for payment, either of which would materially adversely affect our financial condition and results of operations. very interesting.
__________________
we'll miss you our friend. RIP |
![]() |
![]() ![]() ![]() ![]() ![]() |
![]() |
#23 |
Suck it!
Industry Role:
Join Date: Jun 2001
Location: Who wants to know?
Posts: 4,432
|
In March 2002, MasterCard implemented a new rule that requires
all banks who submit transactions on behalf of a merchant to have a valid merchant agreement with that merchant. This rule applies whether the card is presented directly to the merchant or to a third-party payment facilitator, such as iBill. MasterCard has notified Wachovia Bank, iBill?s acquiring bank for MasterCard transactions, that it has acquired transactions from merchants without the required merchant agreements. As a result of this noncompliance, MasterCard has stated that it will impose assessments on Wachovia Bank in the amount of $2,500 per day, retroactive to the day that the first noncompliant transaction was acquired by Wachovia Bank through iBill. The total amount of this fine to date is approximately $75,000. iBill anticipates that Wachovia Bank will seek indemnification for this amount. MasterCard has also requested that Wachovia Bank and iBill submit a plan for compliance with this rule and provide a listing of all merchants selling goods and services through iBill and the URLs associated with those merchants. Although iBill intends to submit the required plan to MasterCard, the failure to submit the plan or the submission of plan that does meet MasterCard?s requirements will result in additional fines and could result in the inability of iBill to process MasterCard transactions. This keeps getting better and better...
__________________
![]() ![]() ![]() |
![]() |
![]() ![]() ![]() ![]() ![]() |
![]() |
#24 |
Richest man in Babylon
Industry Role:
Join Date: Jan 2002
Location: Posts: 10,002
Posts: 5,726
|
"MasterCard has notified Wachovia Bank, iBill?s acquiring bank for
MasterCard transactions, that it has acquired transactions from merchants without the required merchant agreements. As a result of this noncompliance, MasterCard has stated that it will impose assessments on Wachovia Bank in the amount of $2,500 per day, retroactive to the day that the first noncompliant transaction was acquired by Wachovia Bank through iBill. " Did you take a look at their charts? I pity the employees that have options there. There is certainly something up, and it looks like Ibill just can't afford to lose it's clients. I wonder if Ibill has determined that it is better to take their chances with fines than lose the revenues from foreign webmasters. |
![]() |
![]() ![]() ![]() ![]() ![]() |
![]() |
#25 |
Suck it!
Industry Role:
Join Date: Jun 2001
Location: Who wants to know?
Posts: 4,432
|
We could be sued for patent infringement. In particular, as
described in Part II, Other Information, Item 1, Legal Proceedings below, iBill is presently defending two patent infringement lawsuits. If all or any portion of our service were found to infringe a patent and we were unable to obtain a license, or if a preliminary injunction were issued, we could be required to restructure our payment system, stop offering our payment product altogether, or pay substantial damages, which could have a material adverse effect on our business, prospects, results of operations and financial condition. Even if we prevail in a lawsuit, litigation can be expensive and can consume substantial amounts of management time and attention. Fuck me, if I had stock in that place it would be too late to dump it...
__________________
![]() ![]() ![]() |
![]() |
![]() ![]() ![]() ![]() ![]() |
![]() |
#26 |
we'll miss you our friend. RIP
Industry Role:
Join Date: Sep 2001
Location: Fernie, BC
Posts: 25,115
|
hmm.
__________________
we'll miss you our friend. RIP |
![]() |
![]() ![]() ![]() ![]() ![]() |
![]() |
#27 | |
we'll miss you our friend. RIP
Industry Role:
Join Date: Sep 2001
Location: Fernie, BC
Posts: 25,115
|
Quote:
__________________
we'll miss you our friend. RIP |
|
![]() |
![]() ![]() ![]() ![]() ![]() |
![]() |
#28 |
Suck it!
Industry Role:
Join Date: Jun 2001
Location: Who wants to know?
Posts: 4,432
|
And the fucking capper
![]() Because some of the transactions we process are for the adult entertainment industry, our reputation with our customers and in the investment community may be harmed and the price of our common stock may decline. We process transactions for merchants in many different industries, including the adult entertainment industry. Certain current and potential customers as well as investors, lenders, and others may be reluctant or refuse to do business with us, participate in the market for our common stock, provide financing, or offer related services because we process transactions for the adult entertainment industry. This may negatively affect our business, financial results, the price of our common stock or limit our ability to raise capital in the future. Get ready to see the big kiss off...
__________________
![]() ![]() ![]() |
![]() |
![]() ![]() ![]() ![]() ![]() |
![]() |
#29 |
Confirmed User
Join Date: May 2002
Posts: 4,982
|
Very interesting.
__________________
Surrender all your independent thinking and Click Here for re-programming. |
![]() |
![]() ![]() ![]() ![]() ![]() |
![]() |
#30 |
Confirmed User
Industry Role:
Join Date: May 2001
Posts: 8,313
|
WHOA this is really messed up. Anybody know if Ccbill, Epoch, or Jettis are still processing the non compliant accounts?
|
![]() |
![]() ![]() ![]() ![]() ![]() |
![]() |
#31 |
Confirmed User
Join Date: May 2002
Posts: 4,982
|
The part that I thought was interesting was how iBill got fined for having excessive chargebacks. With all their transactions and scrubbing, they still couldn't keep their average under the required percentage? Unless of course they puposely went over because they knew the fine wouldn't be very much $$$, but I doubt that.
__________________
Surrender all your independent thinking and Click Here for re-programming. |
![]() |
![]() ![]() ![]() ![]() ![]() |
![]() |
#32 | |
Confirmed User
Join Date: Jan 2002
Location: Marina del Rey, CA, USA
Posts: 679
|
Quote:
All: Visa did not, repeat NOT change the rules. The fees have been paid by Epoch and we have registered our clients, in compliance with Visa Regs. I spoke to Ron Cadwell at CCBill this morning and he represented that he too has paid the registration fees and has filed the required documents registering his clients as well. Garrett Bender represented to me and Ron that iBill was compliant. I have read differently on this and other threads, but I have no reason to believe otherwise. Whoever told you on the phone that the rules changed on the 14th was on crack. It is simply untrue. I can assure you all that transaction processing at Epoch is running fine, no change, no problem and we are 100% Visa and MasterCard compliant in every respect. Chris CEO EPOCH |
|
![]() |
![]() ![]() ![]() ![]() ![]() |
![]() |
#33 |
Confirmed User
Join Date: May 2002
Posts: 4,982
|
I thought this thread was about iBill?
__________________
Surrender all your independent thinking and Click Here for re-programming. |
![]() |
![]() ![]() ![]() ![]() ![]() |
![]() |
#34 | |
bitchslapping zebras!!!!!
Industry Role:
Join Date: Jun 2001
Location: In a shack by the beach
Posts: 16,015
|
Quote:
|
|
![]() |
![]() ![]() ![]() ![]() ![]() |
![]() |
#35 | |
Suck it!
Industry Role:
Join Date: Jun 2001
Location: Who wants to know?
Posts: 4,432
|
Quote:
![]()
__________________
![]() ![]() ![]() |
|
![]() |
![]() ![]() ![]() ![]() ![]() |
![]() |
#36 | |
Registered User
Join Date: Sep 2002
Location: -
Posts: 500
|
Quote:
Sammy |
|
![]() |
![]() ![]() ![]() ![]() ![]() |
![]() |
#37 | |
Too lazy to set a custom title
Industry Role:
Join Date: Oct 2002
Location: Montreal, Quebec
Posts: 29,680
|
Quote:
When I have to speak to them and get understood, I do a line.... ![]() |
|
![]() |
![]() ![]() ![]() ![]() ![]() |
![]() |
#38 | |
HAL 9000
Industry Role:
Join Date: May 2001
Posts: 34,515
|
Quote:
|
|
![]() |
![]() ![]() ![]() ![]() ![]() |
![]() |
#39 |
Confirmed User
Join Date: Mar 2001
Location: Toronto
Posts: 2,441
|
Large companies dont get their fees waved.
Platinum Bucks paid the fees to both Epoch and iBill no one offered to pay it for us. or wave it. They think they process that much they can afford the money, so why should we wave it. Its True. why should they wave it for us? they should help the smaller guys.... that will be big as us in a few years |
![]() |
![]() ![]() ![]() ![]() ![]() |
![]() |
#40 |
Richest man in Babylon
Industry Role:
Join Date: Jan 2002
Location: Posts: 10,002
Posts: 5,726
|
Did anyone call Ibill and find out what is up with this?
|
![]() |
![]() ![]() ![]() ![]() ![]() |
![]() |
#41 |
Confirmed User
Join Date: Oct 2002
Location: European Union
Posts: 1,752
|
Have you noticed the changes in IBills paypages?
It says now: Your purchase will be billed as IBILLCS.com*'somename' and sometimes, not all the times a second line is also added: 'somename' is located in 'country' |
![]() |
![]() ![]() ![]() ![]() ![]() |