How much $$$ is enough for ibill??? - GoFuckYourself.com

necoeds · 12-11-2002, 06:04 PM

How much money do i need to be bringing in through ibill for them to lower their percentage cut???

Last month my only pay-site running through ibill grossed a little over $12k and my rep told me that they wouldn't lower it (It's currently 15% their cut, and 10% 6month reserve)

This month for the same site it's going to be over $15k.....

Has anybody else here had any experience with ibill..... i mean getting them to lower their rates????

GoGoBar · 12-11-2002, 06:43 PM

The easiest way is to switch to CCBill

LUCL0NELY · 12-11-2002, 06:45 PM

Quote:

Originally posted by necoeds
How much money do i need to be bringing in through ibill for them to lower their percentage cut???

Last month my only pay-site running through ibill grossed a little over $12k and my rep told me that they wouldn't lower it (It's currently 15% their cut, and 10% 6month reserve)

This month for the same site it's going to be over $15k.....

Has anybody else here had any experience with ibill..... i mean getting them to lower their rates????

i dont know

opflix · 12-11-2002, 06:48 PM

i just look @ it as a cost of doing business.... just like any other cc processing company (rates are pretty much the same across the board with variance only around 3-5 points). use the "loss" or expense for tax purposes... you can make it work for you or you can sit here & bitch about it. up 2 u! ;)

WiredGuy · 12-11-2002, 06:54 PM

Quote:

Originally posted by necoeds
How much money do i need to be bringing in through ibill for them to lower their percentage cut???

Last month my only pay-site running through ibill grossed a little over $12k and my rep told me that they wouldn't lower it (It's currently 15% their cut, and 10% 6month reserve)

This month for the same site it's going to be over $15k.....

Has anybody else here had any experience with ibill..... i mean getting them to lower their rates????

Tell them your going to go to CCBill or Globill if they can't lower their rates. They'll lower it to keep your business.

WG

[The Leader] · 12-11-2002, 07:06 PM

I don't know anything about ibill... is quiet around?

Quote:

Originally posted by opflix
i just look @ it as a cost of doing business.... just like any other cc processing company (rates are pretty much the same across the board with variance only around 3-5 points). use the "loss" or expense for tax purposes... you can make it work for you or you can sit here & bitch about it. up 2 u! ;)

lol, a difference of 3-5 points is a lot. It can mean hundreds of thousands or even millions of dollars. I'd say that's something to consider.

Rodent · 12-11-2002, 07:08 PM

Get your own merchant account and cut all the bullshit out.

www.freemerchantaccounts.com

localG · 12-11-2002, 07:09 PM

10,000 A PAY PERIOD and they will review your account and as long as its functioning well you will get reduced.

OneHungLo · 12-11-2002, 07:24 PM

forget it...we were doing 15k a day and they only dropped a point

BJ · 12-11-2002, 07:31 PM

process on your own... its fun!

Pornwolf · 12-11-2002, 08:08 PM

Pure Meds makkes it sound like soooo much fun!

Incognito · 12-12-2002, 02:45 AM

Damn dudes. Sometimes 15 people would post without a fucking real clue.

Ibill lowers down percentage automatically.

When Your statement is calculated the fee will be each time automatically chosen depending from Your sales IN PERIOD.
( in period, which means two weeks - that's kinda important and took some time to understand I remember).

They got the following stuff on their site:
$0-$9,999 15% 15.0%
$10,000-$24,999 14% 13.5%
$25,000-$49,999 13% 12.5%
$50,000-$99,999 12% 11.5%

That's again volume per two weeks.

Once You're over 10K per two weeks in sales - viola , 13.5% AUTOMATICALLY.
But, online checks sales dont count. You got to have over 10K in credit card sales.

Problem is when You go over 100K per two weeks. The shit doesnt change any longer to something lower automatically - You have to call, and that's , THAT'S a pain in ass.

Also sometimes this percentage goes different if chargebacks are high and also on big volumes it's a must to check each time how much they calculated automatically

because their system although quite rare may produce a bug in this calculation which can easily cost You 3K$.

I always wanted to know how to change reserve % from 10 to something lower since I have heard that people done that so if anyone knows anything please comment.

Alky · 12-12-2002, 03:14 AM

Quote:

Originally posted by Incognito
Also sometimes this percentage goes different if chargebacks are high and also on big volumes it's a must to check each time how much they calculated automatically because their system although quite rare may produce a bug in this calculation which can easily cost You 3K$.

a bug my ass, thats their "shave", hoping webmasters dont realize.

SpaceAce · 12-12-2002, 04:12 AM

People still use iBill?

SpaceAce

NetRodent · 12-12-2002, 04:30 AM

Quote:

Originally posted by Incognito
I always wanted to know how to change reserve % from 10 to something lower since I have heard that people done that so if anyone knows anything please comment.

We've got a 5% hold with iBill. I don't remember doing anything special to get it. We've just been with iBill a long time with good refund/chargeback numbers. It may also be a factor of volume.

Carrie · 12-12-2002, 04:38 AM

Ibill is now *requiring* your RevShare affiliates to hand over the name and address of the banks where they CASH their checks - and can't give a reasonable explanation of WHY they want this private information that is none of their business.

Speaking with Cathy of Ibill on the Pond's board, she couldn't give a reason, but did mention "registering the RevSharers" and "identifying the RevSharers". Makes it seem like they're accumulating this information to hand over to someone else.

If you've got affiliates, you might want to think about using a processor that doesn't *require* private information that is none of their business in order to send out the checks.

KingK7 · 12-12-2002, 04:43 AM

Quote:

Originally posted by LUCL0NELY

i dont know

Seriously, you are retarded, right?
I am still confused if you are a real person or not.

Shark · 12-12-2002, 10:10 AM

Quote:

Originally posted by Incognito
Problem is when You go over 100K per two weeks. The shit doesnt change any longer to something lower automatically - You have to call, and that's , THAT'S a pain in ass.

Some of us can only dream of that day

Incognito · 12-12-2002, 02:30 PM

Quote:

Originally posted by NetRodent

We've got a 5% hold with iBill. I don't remember doing anything special to get it. We've just been with iBill a long time with good refund/chargeback numbers. It may also be a factor of volume.

Well. I was there since 1999.
Less than 2% chargebacks normally. Around 1-1.5%. Refunds - that's more, 3% or so percent, although as far as I understand refunds should not be important.

Volume - I'd say it's ok.

What's Your chargeback/refund volume?

12-11-2002, 06:04 PM	#1
necoeds Confirmed User Industry Role: Join Date: Nov 2002 Location: Lincoln, Nebraska Posts: 2,453	How much $$$ is enough for ibill??? How much money do i need to be bringing in through ibill for them to lower their percentage cut??? Last month my only pay-site running through ibill grossed a little over $12k and my rep told me that they wouldn't lower it (It's currently 15% their cut, and 10% 6month reserve) This month for the same site it's going to be over $15k..... Has anybody else here had any experience with ibill..... i mean getting them to lower their rates???? __________________ Message me to promote nebraskacoeds + network sites...

12-11-2002, 06:48 PM	#4
opflix Confirmed User Join Date: Jul 2002 Location: HELL Posts: 1,428	i just look @ it as a cost of doing business.... just like any other cc processing company (rates are pretty much the same across the board with variance only around 3-5 points). use the "loss" or expense for tax purposes... you can make it work for you or you can sit here & bitch about it. up 2 u! ;) __________________ Social Escrow - Buying & Selling Accounts? Contact Me \| Social Escrow IG

12-11-2002, 07:08 PM	#7
Rodent Confirmed User Join Date: Mar 2001 Location: ReliableServers.Com Posts: 1,462	Get your own merchant account and cut all the bullshit out. www.freemerchantaccounts.com __________________ Choopa.com Colocation \| Cloud Servers \| Dedicated Servers \| CDN 1000 Gbps Network \| NJ DataCenters

12-11-2002, 07:09 PM	#8
localG Confirmed User Join Date: Nov 2002 Location: new jersey Posts: 490	10,000 A PAY PERIOD and they will review your account and as long as its functioning well you will get reduced. __________________ Fuck off.

12-11-2002, 08:08 PM	#11
Pornwolf Drunk and Unruly Join Date: Jan 2002 Location: Hollywood Posts: 22,712	Pure Meds makkes it sound like soooo much fun! __________________ I've trusted my sites to them for over a decade... Webair, bitches.

12-11-2002, 06:43 PM	#2
GoGoBar Confirmed User Join Date: Sep 2002 Location: NJ Posts: 1,439	The easiest way is to switch to CCBill

12-11-2002, 07:24 PM	#9
OneHungLo So Fucking Banned Industry Role: Join Date: May 2001 Location: Your mom's front hole Posts: 40,906	forget it...we were doing 15k a day and they only dropped a point

12-11-2002, 07:31 PM	#10
BJ Confirmed User Join Date: Mar 2002 Location: asia Posts: 5,590	process on your own... its fun!

12-12-2002, 02:45 AM	#12
Incognito Confirmed User Join Date: May 2001 Location: RU Posts: 371	Damn dudes. Sometimes 15 people would post without a fucking real clue. Ibill lowers down percentage automatically. When Your statement is calculated the fee will be each time automatically chosen depending from Your sales IN PERIOD. ( in period, which means two weeks - that's kinda important and took some time to understand I remember). They got the following stuff on their site: $0-$9,999 15% 15.0% $10,000-$24,999 14% 13.5% $25,000-$49,999 13% 12.5% $50,000-$99,999 12% 11.5% That's again volume per two weeks. Once You're over 10K per two weeks in sales - viola , 13.5% AUTOMATICALLY. But, online checks sales dont count. You got to have over 10K in credit card sales. Problem is when You go over 100K per two weeks. The shit doesnt change any longer to something lower automatically - You have to call, and that's , THAT'S a pain in ass. Also sometimes this percentage goes different if chargebacks are high and also on big volumes it's a must to check each time how much they calculated automatically because their system although quite rare may produce a bug in this calculation which can easily cost You 3K$. I always wanted to know how to change reserve % from 10 to something lower since I have heard that people done that so if anyone knows anything please comment. __________________ -=almost fucking incognito=-

12-12-2002, 04:12 AM	#14
SpaceAce Confirmed User Join Date: Jul 2002 Location: Magrathea Posts: 6,493	People still use iBill? SpaceAce

12-12-2002, 04:38 AM	#16
Carrie Confirmed User Join Date: Apr 2002 Location: Virgin - nee Posts: 3,162	Ibill is now requiring your RevShare affiliates to hand over the name and address of the banks where they CASH their checks - and can't give a reasonable explanation of WHY they want this private information that is none of their business. Speaking with Cathy of Ibill on the Pond's board, she couldn't give a reason, but did mention "registering the RevSharers" and "identifying the RevSharers". Makes it seem like they're accumulating this information to hand over to someone else. If you've got affiliates, you might want to think about using a processor that doesn't require private information that is none of their business in order to send out the checks.