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-   -   Epic Cash moves to its own merch acct!!!!!!!!!!! (https://gfy.com/showthread.php?t=475132)

p1mpdogg 06-01-2005 08:31 AM

Epic Cash moves to its own merch acct!!!!!!!!!!!
 
I will personally guarantee that we will double our sales and make our webmasters double. details will be disclosed shortly on the new3 changes made in the best intrest of Epic Cash and our webmasters so we all make more... look for our newsletter very soon. possibly late today

justsexxx 06-01-2005 08:32 AM

SO you are getting 50% denials now from your cascade billing structure? Strange...That is pretty high.

xclusive 06-01-2005 08:34 AM

Thats awesome p1mpdogg I hope to see a lot more money from you guys now:)

TheDoc 06-01-2005 08:34 AM

I had heard through the grapevine that 15% more sales is normal on your own merchant account. The biggest difference was things became steady, rather than bouncing all over the place. But, if your CB's are low, you could adjust your personal scrub to increase sales slowly.

brand0n 06-01-2005 08:36 AM

congrads, just carefull with those chargebacks

Ice 06-01-2005 08:37 AM

nice on Trey.... good job

Fetish 06-01-2005 09:16 AM

Having your own merchant account through Netbilling is the only way to go IMO. Are you using them too? We have for a long time now and have excellent conversions.

Manowar 06-01-2005 09:18 AM

sweet!. everyone go sign up

BVF 06-01-2005 09:36 AM

Hey what corporate name does epiccash use on their checks? I don't remember ever seeing a check from epiccash and I've had some banners up for a couple of months now. HOwever, I get checks from unknown corporate names and one of them could be you.

Fetish 06-01-2005 09:37 AM

Quote:

Originally Posted by TheDoc
I had heard through the grapevine that 15% more sales is normal on your own merchant account. The biggest difference was things became steady, rather than bouncing all over the place. But, if your CB's are low, you could adjust your personal scrub to increase sales slowly.

You are absolutely correct

Nicky 06-01-2005 09:42 AM

sounds good Trey :thumbsup

chadglni 06-01-2005 09:44 AM

Personal merchant accounts rock for this business and definatly pad the bottom line.

p1mpdogg 06-01-2005 09:50 AM

we use netbilling


bvf hit me up

icq 141588569

Lace 06-01-2005 09:57 AM

Good shit Trey. Hope it works out for the better.

Kimmykim 06-01-2005 10:00 AM

I'm certainly all for merchant accounts, after all, I do write them -- doubling your sales without doubling your traffic by changing to a merchant account isn't realistic though.

:)

chadglni 06-01-2005 10:02 AM

Quote:

Originally Posted by Kimmykim
I'm certainly all for merchant accounts, after all, I do write them -- doubling your sales without doubling your traffic by changing to a merchant account isn't realistic though.

:)

Perhaps if he quits redirecting his foreign traffic to a dialer and sends them through the new system instead? I know when I push cams a huge number of signups come from countries that can't use a credit card through the IPSPs.

stev0 06-01-2005 10:03 AM

that's awsome news man!

SplitInfinity 06-01-2005 10:04 AM

Good Move Trey! Thats gonna be a breadwinning move.
:-)

Furious_Male 06-01-2005 10:05 AM

Sounds real good. I will bring my dormant account out of hiding for this and send you guys some traffic.

WiredGuy 06-01-2005 10:06 AM

How do you find the transactions are compared to going through Epoch or another IPSP?
WG

Kimmykim 06-01-2005 10:15 AM

Quote:

Originally Posted by chadglni
Perhaps if he quits redirecting his foreign traffic to a dialer and sends them through the new system instead? I know when I push cams a huge number of signups come from countries that can't use a credit card through the IPSPs.

Actually the last time I checked, the number of banned countries with Paycom and CCBill were a little over 30 each, with most of them being the same. And for very good reason... some countries are chargeback nightmares -- and doubling your sales while doubling (or worse) your chargebacks isn't necessarily a gain overall when you take into account chargeback limits and the fine potentials.

Donny 06-01-2005 10:16 AM

As one person already asked, will you be using netbilling?

Donny 06-01-2005 10:17 AM

Quote:

Originally Posted by p1mpdogg
we use netbilling


bvf hit me up

icq 141588569

I should have hit "refresh" before asking. LOL

BradShaw 06-01-2005 10:17 AM

IMHO there is a reason so few big programs use their own merchant accounts. Few can do it sucessfully, I know I have always steered away from it. If you guys can pull it off, hats off to you.

chadglni 06-01-2005 10:20 AM

Quote:

Originally Posted by Kimmykim
Actually the last time I checked, the number of banned countries with Paycom and CCBill were a little over 30 each, with most of them being the same. And for very good reason... some countries are chargeback nightmares -- and doubling your sales while doubling (or worse) your chargebacks isn't necessarily a gain overall when you take into account chargeback limits and the fine potentials.

Hmmm, ok. I don't have a ton of experience with 3rd party billers but my ratios were always much worse. I always heard it was "scrub". :/

Kimmykim 06-01-2005 10:29 AM

Quote:

Originally Posted by chadglni
Hmmm, ok. I don't have a ton of experience with 3rd party billers but my ratios were always much worse. I always heard it was "scrub". :/

I realize everyone always wants to blame it on the scrub, but that doesn't really make sense if you look at it.

When does a processor (be it third party or gateway) make money? On the % they take when you process a transaction. If you aren't processing transactions, then they aren't making money on you.

NO processor that I know of (and I do know the IPSPs rather well) wants to turn down good transactions. They don't profit from that at all.

What they do want, which isn't rocket science, is the largest number of transactions that fall into certain risk parameters that they can get their hands on in a given time period.

There's also a reason that certain countries are banned from certain processors. It's called risk management. If you have a history of certain countries or BINs being nothing but trouble, why on earth would you risk those countries -- which make such a minor portion of the sales, causing you to incur fines of $50 to $100 PER CHARGEBACK on ALL chargebacks?

You don't let a few bad apples spoil the lot, you cull them out and make a pie from the good apples.

NETbilling 06-01-2005 10:42 AM

Quote:

Originally Posted by BradShaw
IMHO there is a reason so few big programs use their own merchant accounts. Few can do it sucessfully, I know I have always steered away from it. If you guys can pull it off, hats off to you.

Brad,

Actually, there are more and more "large programs" using their own merchant accounts more now, than in the past several years. We are here to help them manage them successfully. And once you finally do, you will see the difference too. I'm not knocking 3rd party at all but their comes a time where many business owners want to "take control" of their money. With the tools and services that we offer, you can easily achieve that control and increase your bottom line. Merchants are smart enough these days to be responsible with their merchant accounts, keep the scrub levels where they should be and provide quality content, while providing good customer service or having us (or another gateway/call center) do it for them.

Mitch

Donny 06-01-2005 10:46 AM

Quote:

Originally Posted by Kimmykim
I realize everyone always wants to blame it on the scrub, but that doesn't really make sense if you look at it.

When does a processor (be it third party or gateway) make money? On the % they take when you process a transaction. If you aren't processing transactions, then they aren't making money on you.

NO processor that I know of (and I do know the IPSPs rather well) wants to turn down good transactions. They don't profit from that at all.

What they do want, which isn't rocket science, is the largest number of transactions that fall into certain risk parameters that they can get their hands on in a given time period.

There's also a reason that certain countries are banned from certain processors. It's called risk management. If you have a history of certain countries or BINs being nothing but trouble, why on earth would you risk those countries -- which make such a minor portion of the sales, causing you to incur fines of $50 to $100 PER CHARGEBACK on ALL chargebacks?

You don't let a few bad apples spoil the lot, you cull them out and make a pie from the good apples.


Oh for God's sake stop making sense! This is GFY!

chadglni 06-01-2005 10:48 AM

Quote:

Originally Posted by DonovanPhillips
Oh for God's sake stop making sense! This is GFY!

Well let me make a little sense. For WHATEVER the reason may be, I make more money sending to companies with their own merchant accounts. It really doesn't matter the reason but I can't go from good conversions to shitty conversions on the same type of site and be expected to keep sending traffic.

BradShaw 06-01-2005 10:49 AM

We have considering trying it out. First time we were turned down, next time they wanted too much paperwork including a full personal financial statement.

Terry 06-01-2005 10:50 AM

That is GREAT news! Congrats!

ArkansasDave 06-01-2005 10:51 AM

Nice work guys!

chowda 06-01-2005 10:54 AM

Quote:

Originally Posted by NetBilling
Brad,

Actually, there are more and more "large programs" using their own merchant accounts more now, than in the past several years. We are here to help them manage them successfully. And once you finally do, you will see the difference too. I'm not knocking 3rd party at all but their comes a time where many business owners want to "take control" of their money. With the tools and services that we offer, you can easily achieve that control and increase your bottom line. Merchants are smart enough these days to be responsible with their merchant accounts, keep the scrub levels where they should be and provide quality content, while providing good customer service or having us (or another gateway/call center) do it for them.

Mitch

do u guys process in euros and can handle switch solo uk debit cards?

D-Money 06-01-2005 10:54 AM

Quote:

Originally Posted by NetBilling
Brad,

Actually, there are more and more "large programs" using their own merchant accounts more now, than in the past several years. We are here to help them manage them successfully. And once you finally do, you will see the difference too. I'm not knocking 3rd party at all but their comes a time where many business owners want to "take control" of their money. With the tools and services that we offer, you can easily achieve that control and increase your bottom line. Merchants are smart enough these days to be responsible with their merchant accounts, keep the scrub levels where they should be and provide quality content, while providing good customer service or having us (or another gateway/call center) do it for them.

Mitch

I've only heard great things about Netbilling.

NETbilling 06-01-2005 10:55 AM

Quote:

Originally Posted by BradShaw
We have considering trying it out. First time we were turned down, next time they wanted too much paperwork including a full personal financial statement.

Since it is your merchant account, the bank is taking risk on you. When you have a high volume account, you must back it up with financials. It is what it is.


Mitch

Kimmykim 06-01-2005 11:00 AM

Quote:

Originally Posted by NetBilling
Brad,

Actually, there are more and more "large programs" using their own merchant accounts more now, than in the past several years. We are here to help them manage them successfully. And once you finally do, you will see the difference too. I'm not knocking 3rd party at all but their comes a time where many business owners want to "take control" of their money. With the tools and services that we offer, you can easily achieve that control and increase your bottom line. Merchants are smart enough these days to be responsible with their merchant accounts, keep the scrub levels where they should be and provide quality content, while providing good customer service or having us (or another gateway/call center) do it for them.

Mitch

This isn't rocket science, and Mitch is quite right. It's up to the merchant account holder to manage their own scrub, at least to a degree. With the new Mastercard agreement that we use, the bank and the gateway is on the hook just like the merchant (to a degree) so it's in everyone's best interests to manage the throughput wisely.

Banks aren't stupid these days either, there are reasons they want to see what kind of risk a merchant might become.

bigdog 06-01-2005 11:07 AM

p1mpdogg will you guys have your own cross sells with your own merchant account?

NETbilling 06-01-2005 11:09 AM

Quote:

Originally Posted by Kimmykim
This isn't rocket science, and Mitch is quite right. It's up to the merchant account holder to manage their own scrub, at least to a degree. With the new Mastercard agreement that we use, the bank and the gateway is on the hook just like the merchant (to a degree) so it's in everyone's best interests to manage the throughput wisely.

Banks aren't stupid these days either, there are reasons they want to see what kind of risk a merchant might become.

You and I should start a company together :-)

Mitch

NETbilling 06-01-2005 04:36 PM

Quote:

Originally Posted by p1mpdogg
we use netbilling


bvf hit me up

icq 141588569

It is great to have you live with us. Let me know if you need anything at all!

Mitch

Fetish 06-02-2005 09:02 PM

So how have sales been since switching?


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