IBILLS Webcast What did you think ?
 

What did you think ?

They were not too enthusiastic when reading the questions

was okay IMO, but I didn't get one thing. WHat I understood from IBILL is that in stead of JOIN OUR SITE now button, you have to use IBILL logo/ccbill LOGO etc.(so clickable logo of ISPS to the joinpage)

But in the ccbill email it says, you don't have to change a thing...WHat's up with that?

Andre

came in like shit.....but still informative none the less. Hard to hear, but i think i got most of it.

.85 is not too far from .1

interesting

Highly controlled !! Would of liked to see " The Real" questions that would of been flooding in....

Do you think Ibills complyance dept will be able to process all the merchant changes by the 22nd of August - I think not !!

can someone summerize? I tuned in a little late.

What are the other processors numbers?

You can replay it on the site

The "real" questions were being read, one of mine was read and answered. The other two I asked later didn't seem to make it to them before the end of the webcast.

Would be interesting to know

To be honest: I can read myself. Don't need an iBill executive to do that for me. Very poor webcast for a publicly listed corporation.

We'd like to thank you for taking the time to tune in. Unfortunately, were unable to answer all the questions that came in due to time constraints, and many good questions came in after we wrapped the webcast. We will give these questions our attention in the FAQ section of the website. This section of the site will be available tomorrow. The answers will appear in the MasterCard support section of our website.

iBill

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A few other interesting links:
http://www.ibill.com/support/mastercard/matrix.cfm
http://www.ibill.com/support/mastercard/setup.cfm
http://www.ibill.com/support/mastercard/Portal.swf

i missed it. are they going to send out an email summary of exactly what needs to be done or do i have to watch it and take fucking notes?

That's 0.85% and the MC rule is 1.0% by transactions or 2.5% by dollar value.

Its good to see that Ibills communication with the webmaster is finally improving !! These webcasts need to be more frequent and not as orchestrated..

They did not answer my question as to whether refunds + chargeback need to be under 1% (What Epoch has stated)

if I used an IPSP and did rebilling I would be terrified that if the IPSP exceeds 1% for 2 months I would not be able to rebill for one year!


Your business is truely in their hands now.

I would think the questions they answered were probabelly written by them, prior to the webcast:1orglaugh

From this page: http://www.ibill.com/support/masterc.../mcCompFaq.cfm

"Client website can no longer contain any specific price points, client website can only contain a price teaser, such as ?as low as $19.95? "

... Say what???

Ibill has employees?

Fucking amazing waste of time, didnt answer any questions about chargebacks web 900 what these changes will do to cut down on charge backs.

Its all a fraud.

I would assume that to be the case, I don't see why the rules would be different for iBill. The potential to lose rebilling for a year is very scary. I guess its time to do what MasterCard wants and get our own merchant account. Bleh!

We mention our price in a lot of our advertising, this could be a real killer. Maybe its time to open a series of site whose names are the prices: 10bucksporn.com, 30bucksporn.com and 50bucksporn.com

Go for it - not such a bad idea !

so it is cb + refunds? that really sucks.

does anyone know the overall % of mastercard vs visa use in purchasing adult subscriptions?

i'm also wondering about rebills - it says if you aren't compliant by the 22nd, that you can no longer accept mastercard signs. but it doesn't say your mc rebills will be canned.

and i just love the shopping cart thing. NOT.

my rep told me rebills are canned if you are not compliant.

I think it's meant to reinforce that:

"iBill must be accurately identified by itself and all of its suppliers as the merchant"

This is a concern:

"iBill must permit and facilitate the purchase of multiple products (whether from one or multiple suppliers) in a single transaction"

Does that mean if a surfer signs up to four sites, it appears as a single transaction on his card? Therefore if he charges back, all four sales are lost?

The Ibill system requires, when signing up for membership for you to go through a shopping mall.

So when I go to eat at Marios Pizza, and whip out the MC will I be presented with a full shopping experience? Or will I just buy my italian food and go home?

I'm not sure I need to see a full blown selection of products from Sears, JC Penney, Outback, Ling's Chinese Food, Pet World, and Stop And Shop when I buy Italian food.

It also requires one extra click than CC bill that one extra click could cost them a signifient amount of money over a year..

doesn't it only require the consumer to go through the mall if the choose continue shopping? I thought he said if they check out they are taken right to the pay page.

??

excellent point!!

so if someone has a shit site that they also signup to (via this laughable shopcart), and the customer wants to cb that site, we would be included even though we have nothing to do with the second site - since both sites appear as a single lump charge?

jesus.

Did I miss this, can someone confirm this to be true..

These are all just issues that each and every IPSP must adhere to

iBill doesnt want this as much as you do

MasterCard wants it, and demands it to be so

i believe so. it says something like, 'would you like to continue shopping'

here is a run through of a purchase:

http://www.ibill.com/support/mastercard/Portal.swf

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This is where I got it. The checkout button takes you right to the pay page and from what was said the continue shopping option is just an option...does not look mandatory

and? i think we all know this.

I've heard that overall usage (not just adult online) Mastercard is around 22%, Visa 70% and Discover/Amex/other is 8%.

hmm

Really that huge !

I will second that hmmm.