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iBill is all style - MasterCard Announcement
I have been aware for some time regarding the "NEW" MasterCard changes coming soon, that are really designed to fuck our industry up
The Visa issues are harsh, but you all aint seen nothin yet. So whilst many of you were smashing iBill to death on this and other boards, iBill has been quietly and efficiently working its ass off to get themselves into gear for our needs So to all you iBill naysayers : :321GFY And to all the iBill supporters - now is the time to get behind your IPSP - speak out mates ******************************* URGENT: MasterCard Compliance Information MasterCard has recently announced significant new requirements for merchants who use IPSPs to accept MasterCard as a form of payment. These requirements affect iBill as well as all IPSPs. iBill has developed a solution that has been accepted by MasterCard and will allow our merchants to continue to accept MasterCard as a payment type. The purpose of this notice is to notify iBill clients that we will be hosting a web cast on Wednesday, July 23 from 6:00 to 7:00 PM eastern time to communicate these changes. The web cast will serve as a forum during which iBill will outline the MasterCard requirements, explain the impact to clients and demonstrate how clients become MasterCard compliant in the new operating environment. iBill is committed to supporting our customers through the compliance process. Following the web cast, iBill clients can expect comprehensive ongoing communication including access to a compliance discussion forum on our iBill Website. As soon as the details related to the web cast are determined, you will be notified as to how you can participate. Please understand that we are not prepared at this time to offer details of the requirements or the iBill solution via customer service, client service, sales, or CMI. Calls to us at this time will not result in additional information beyond what is being shared here. iBill is working diligently to prepare our service and sales associates to address your questions following the web cast. We ask that at this time our clients reserve their inquiries regarding this matter; detailed information will be made available at the time of the web cast. Until then, we urge you to participate in the web cast as a means of receiving the most current information possible. iBill has put forth considerable effort and resources to negotiate a viable alternative for our clients to ensure they can continue to accept MasterCard as a payment type. We look forward to sharing the details of that effort with our merchants next week. We thank you for your patience as we work though this issue. iBill |
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Oh boy... major shakeup in this business coming soon.
WG |
damn those 2 week waits for checks, i want them now! lol
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The dream is over :(
The sky is falling *fills out McDonald's application* |
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We all had to pay the 750 because Visa was the dominating force on the web.You can survive without Visa we were told. I say stop accepting MC, everyone I know who has a MC has a Visa card.
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I could see that happening in 2004 |
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One that I am sure is NOT going to go ahead is a suggested Rollback of adult processing. Visa can't be stupid enough to give up that income, so thats one rumor I don't buy. |
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I do bash Ibill enough, but I also give credit when credit is due - Ibill deserves a kudos for this - *just* in giving their clients a heads-up advance notice and for scheduling an actual webcast to discuss it.
Once we find out what their proposed measures are, then we'll see if they get more kudos for that. Don't start kissing ass until you find out just how far over they want you to bend. ;) And hey Sausage - you need to be doing some whispering over this way :P |
I dont understand why the other two havent said anything. Is ibill the only one that knows?
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BIZZARE! I had quote that message to add: If they only start paying their webmasters what they owe them then you'll move up to c- status..but for some strange reason, that "comment" didn't "take". PARANOIA!!:helpme :helpme |
This is why I don't come to GFY every day. Too much bad news lately...
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Ibill is great in many ways, no question. When they put their effort into some aspect of the business model, they go all out and usually do it right. Being paid from Ibill nearly always on time has said a lot to me over the years as well. But........ and there IS a but..... I'm sorry, but there are far far too many webmasters who have come forward and compained about Ibill's lack of good customer service and horrible support over the past few years to ignore.
New projects and announcements are great, and much appreciated usally, but Ibill needs to work on their weaknesses too, and start listening to webmasters instead of ignoring them like they often do. A quick search of this and many other boards will show anyone just how severe Ibill's downfalls can be. |
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Make special note of this and read it carefully to fully understand what they're saying here without saying it directly...
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The thing I'm wondering is - how many program owners will really care? Seems the only real focus is Visa; what %age of transactions are MC? |
I don't know the out come of all of this all I know is Evil Dan is a billing guru who has been in this business since before most of you were done wearing gym shorts in high school and even cared where money came from. Ehhh what do I know???
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Wonder why they never had a webcast over the lose 900# monies.
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But this is what I said: http://www.pornhotshots.com/webmasters/prepare.html |
Btw that was written for a group of newbies in BetaBrigade who were getting a bit worried about the stuff going on back in March. So it's basically aimed at newbies.
I've actually been thinking about updating it with a list of dates and big shit that's happened since then, like WSB going tits up, Brightpay going tits up, AVS making changes to their names, Visa's 1% rule, etc etc. Would be interesting to keep track of the timeline. |
Thanks Cassie - great article
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who remembers during bush vs gore how everyone was posting about john ashhahahahaha and all the big fed raids to come.
always a lot of speculation, and talk, rumors, etc. lots of people getting scared, dont listen and don't worry.. if shit happens, then it happens, and theres nothing you can do about it anyways.. no way to prepare either (as seen with the fact that thhe IPSPs come down with the rules after the news). the adult net will not vanish overnight, the changes occurring now I think are for the better.. when you have sites that trick the surfer into paying by them thinking they are getting something for free, and then noticing a charge of 40 bucks on their CC, of course they are fucking gonna charge back.. In fact, I salute Visa for making the steps, they are doing the right thing IMO. As for the recurring model going away, I highly doubt that, thats like killing all subscription-based sites on the net, think about it, not even adult, those mp3 sites, news sites, etc. :2 cents: |
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( f.e. 0.5% ) ? |
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they've got 12 computerised stores open in the US already :1orglaugh |
Nah the sky's not falling. There will be a new market leader from either the current list if ipsp's or adult companies who steps forward with something that works.
People still want to stroke the carrot to porn online. Don't tell me the free sites are gonna stay up when they aren't making any sales. :) It will all work out. :Graucho |
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HardProfits is a mate to Straight webmasters as BOYBUCK$ is to Gay webmasters. Most Importantely - My Mates go - that inch further. . to please:thumbsup |
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one would think that if they announce the 1% max. cb rule, they want to reduce cb's because they are a problem for them... pornsites that are able to maintain that rate, will be ok for them, whether they rebill they customers or not, whereas pornsites that won't be able to maintain that rate, will pay fines and after a few months won't be allowed to process Visa ( = they will go out of business, since their competition still will accept Visa )... problem would be solved... ! |
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IBILL is going with a conference call on this because the MC compliance issues are very complex, as are the solutions that MC has accepted from IBILL. It would have been cheaper to just post on the boards, but IBILL wanted to do this in conference call manner because they believed it would be more effective in helping their clients to understand what is going to be happening. |
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and to add to this, and as I have been saying on "Many" other threads, iBill is a public company, and cannot just disperse any piece of shit comment on the fly. Every major announcement needs to be fully managed and controlled. Something our industry doesnt quiet yet understand, but will have to very very soon. Again I repeat these words for sponsors and affilaites looking for "reputable" sponsors - "Best Billing Practices". And to Resolute - Please dont call me straight - I prefer a little bent ;-) |
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i cant believe that people here on GFY are willing to take anything that Ibill says at face value. this is a company built on spam and denial and nothing else.
:disgust :disgust :disgust :disgust |
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