Interesting comment from Ron Cadwell (CCBill) about CAL bank IL - GoFuckYourself.com

webmasterchecks · 12-03-2009, 09:36 PM

comment from another board, thought it was worth posting out over here for those that are not aware

Quote:

Originally Posted by RonC

KK

This is the one statement that will DEFINE 2009 in the Adult industry

"Bad apples, good apples, there aren't many apples left in the basket as far as banks"

I just amazes me that more people don't realize how huge this is. You have the largest high risk bank in the WORLD. Saying goodbye to 500+ million per month in processing. THIS IS HUGE!!!! You also have every other high risk bank in the world on NOTICE to not accept or be very careful who they take in as a new/existing client. Make no mistake ICC did not just wake up and decide they would stop making a TON of Money in high risk processing. They WERE FORCED to stop.

The one question nobody has brought up is will merchants get their last week+ of transactions wired to them. Will the bank hold them and their reserves for years to protect against losses. Will ISO just pocket the money and never pay the merchants. Time will tell but I think we will start hearing stories shortly just like the Ibill days just a lot more and Larger.

Anybody want to guess how many post per week we will see about Whatever program no paying.

Will rest assured that CCbill checks will continue to go out ON TIME just like they have for the last 10+ years.

Ron C
___________
CEO

CCbill.com
Cavecreek.com

Agent 488 · 12-03-2009, 09:47 PM

not a very objective viewpoint tbh. it ends with a sales pitch.

Barefootsies · 12-03-2009, 09:51 PM

Quote:

Originally Posted by Agent 488

not a very objective viewpoint tbh. it ends with a sales pitch.

Agreed.

BFT3K · 12-03-2009, 10:02 PM

I don't mind the pitch, as long as the optimistic self-confidence CCBill exudes, proves true long-term. As goes CCBill, so goes this industry.

webmasterchecks · 12-03-2009, 10:11 PM

Quote:

Originally Posted by Agent 488

not a very objective viewpoint tbh. it ends with a sales pitch.

i took that as his subtle way of saying ccbill is not affected by the CAL issue

Adam_M · 12-03-2009, 10:11 PM

Quote:

Originally Posted by Agent 488

not a very objective viewpoint tbh. it ends with a sales pitch.

Agree +1

Ron is a smart and nice guy, but he to is here to make money!

Zombaio_Tomas · 12-03-2009, 10:46 PM

I agree with Ron. This is huge.

We will probably see alot of direct ma dropping for the 'free trial' = 'get robbed' pps programs the comming weeks. This was just a matter of time.

For the records; Zombaio is not processing under ICC-CAL or any other shady bank.

Barefootsies · 12-03-2009, 10:49 PM

Quote:

Originally Posted by Zombaio_Tomas

For the records; Zombaio is not processing under ICC-CAL or any other shady bank.

Les Grossman · 12-04-2009, 01:47 AM

Quote:

Originally Posted by Barefootsies

Do you do anything other than agree with people and say, see sig nig?

The best reply to this rhetorical question would be,

and SEE SIG NIG!

WebCashMaker · 12-04-2009, 04:00 AM

Good thing we are still with CCBILL

12-03-2009, 10:46 PM	#7
Zombaio_Tomas Confirmed User Join Date: Nov 2008 Location: Zombaio.com Posts: 382	I agree with Ron. This is huge. We will probably see alot of direct ma dropping for the 'free trial' = 'get robbed' pps programs the comming weeks. This was just a matter of time. For the records; Zombaio is not processing under ICC-CAL or any other shady bank. __________________

12-04-2009, 04:00 AM	#10
WebCashMaker Confirmed User Join Date: Feb 2008 Posts: 1,726	Good thing we are still with CCBILL __________________

12-03-2009, 09:47 PM	#2
Agent 488 Registered User Industry Role: Join Date: Feb 2006 Posts: 22,511	not a very objective viewpoint tbh. it ends with a sales pitch.

12-03-2009, 10:02 PM	#4
BFT3K Too lazy to set a custom title Industry Role: Join Date: Dec 2005 Location: Narnia Posts: 10,764	I don't mind the pitch, as long as the optimistic self-confidence CCBill exudes, proves true long-term. As goes CCBill, so goes this industry.