Re: Verotel and Probilling here to stay?
 

http://www.theadultpress.com/news.php?show=29

I received a response from Verotel and basically it said that they were fine and were in NO danger of being 'next in line'.

I figured I should post here in Re: to my story since everyone is entitled to their side being heard.

In running the piece yesterday I was shedding light on the mood of the industry being paranoid about others falling into trouble being outside the US, etc. But Verotel did give a professional and believable response so in my personal opinion I think things with Verotel and Probilling should be fine.


Cheers,
Daymare

Good to hear but what else can they say?

I guess Mr. Zuurbier is not showing his problems to the world

They are the next two to go. If you asked glo-bill a month ago if they were one of the next to go, they would have denied it up and down.
ZoiNk

So true. You can't really believe what anyone says these days.

But Verotel is NOT breaking any rules and they don't try to avoid any regulations set by VISA.
Globill was a US company and tried to fool VISA. But VEROTEL?
They don't have to pay the $750 fee because it's not required in Europe. If you sign up with CCBillEU you also don't have to pay it.
I see no reason why VEROTEL should be the next victim...

in my opinion, verotel will stay, it not affiliated in any way with fucking VISA US and MC US

Dutchbilling, a company owned by verotel just got axed about a week ago. ACpay (EGS pay) isn't accepting any new transactions, just processing rebills. Glo-bill is gone, so is websitebilling. Guess what. None of those were required for the $750 fee either, now look at them all.
ZoiNk

It doesn't really matter what any company says.

Even some processors who were widely viewed as compliant have turned out to have major problems with the card associations.

You don't know. Nobody knows. It's not like any processor is going to tell you the full story (until, of course, it's too late.)

Hell, even if they are "compliant," whatever that means, Visa and MC can turn on them in a second.

So no one can predict this one.

Both Globill and ACPay were really based in the US though and more than likely had additional problems with VISA US... IMO

Dutchillling - different story.... If VISA does not want any connection to the type of content Dutchbilling was allowing through, that's could well be a VISA wide issue and I don't think that's much to do with cross border regs.

Who knows what's gonna happen... it's too unstable to see which ones are being targetted because we ain't got the full story.

You can add Yambo to the list...

Just to clarify...Dutchbilling is/was not owned by Verotel or vice-versa.

The main reason that Dutchbilling cracked was FRAUD done by Russian people.

They knew in March that Russian people are putting stolen creditcards into the system and that the program of Verotel was not tracking them down, so they get CRAZY and put in a shit-load of false transactions. Verotel's lack of respond to this blows the chargeback ration up to 5%. That puts them on the list of Visa USA....

If they reacted that time correctly (in March) to these false transactions .......... So it has nothing to do with an European company using US merchant accounts. Dutchbilling was clearing by Interpay The Netherlands. Of course Visa is telling that they do not want to have illegal content on their brand but the content IS legal in The Netherlands. The program of Verotel sucks. It was very easy to put an hold on these transactions.

Anyway the story is over for them but I think it will effect the complete market and I guess there must be a lot of webmasters now crying out their eyes.

Darryl,

Dutchbilling was USING the program of Verotel.

The domainname was registrated by Dutchbilling but they used your software!!

Dutchbilling was licensed to use our software but it was not configured exactly the same as ours at their request. Also, every billing company has a risk management dept. that monitors trends, patterns and "things out of the ordinary" which in addition to the software catches fraudulent transactions. With that being said there are other factors which can contribute to the "big picture" - contrary to popular belief there is no 100% foolproof system/software otherwise you end up with an enormous decline rate - ask any billing company!

Let's just say that having a trigger happy risk management dept. sometimes has it's advantages. ;-)

I think the only processors that will fold are the ones don't run their bussiness well etc. A lot of webmasters are just sumizing that Verotel etc will fold due to the Visa issues, there are no facts being statet by anyone.

I use Verotel and certainly hope they don't go the way of Globill but I doubt it as they seem to be very good operators.

Spooky

Does it really matter where a company is located or whether or not they're charging the fee?
No... CCBill could be gone tomorrow if their cb's went sky-high. Any of them could.

It's all at Visa's whim, and Visa isn't done passing down the regulations.

Pretty Funny. DutchBilling wasn't owned by Verotel? Yea Right .... Then why when I purchased a trial membership to a website billing with DUTCHBILLING, was my credit card actually billed by VEROTEL?

If Visa didn't like the sites DUTCHBILLING was processing, and Verotel's name was on those billings using Visa ... then how can you possibly expect us to believe, Mr. Verotel guy, that your ass isn't next in line to be in the fire with VISA?

DUTCHBILLING, VEROTEL, 2 names --- doesn't matter --- one was billing under your name, VEROTEL, & I suspect that your company will (despite what you claim, so you can keep screwing webmasters knowing you're next in line to go under) disappear as did the others.

If I am wrong, I will personally kiss your ass!
YOU CAN NOT BELIEVE ANY BILLING COMPANY to honestly tell you their pending future ---- ACPAY (EGSPAY) knew they were having problems for the last 3+ weeks & weren't billing new memberships (putting them in queue); but they only recently came out of their silence & told webmasters ... oh, hey, guess what ... we're no longer going to continue billing new memberships .... so sorry, but you can transfer your pending new memberships we've been placing in queue to another process (which is bullshit, no processor will touch their pending memberships they've been screwing us out of for the last 3 weeks --- those sales are just LOST).

Lancelot, AdultRated, WebsiteBilling, GloBill, etc etc etc --- they all said they were fine & that there was "NOTHING TO WORRY ABOUT" (just like you at Verotel) ---- well guess what ... where are they now?

LOL

I can't tell you how much I'm looking forward to that!

Depending on where you are, you may want to reserve your plane ticket now to save on the airfare.

Why even take chances nowadays?

ccbill, ibill and epoch are not going anywere.

From pass history am inclined to agree with you. I really hope your not right for all the people using them.

Dutchbilling not affiliated with Verotel ?????????????????????????????????????????????????? ?????????????????????????????????????????????????? ?????????????????????????????????????????????????? ??????????

Go CCBill :thumbsup

Oh yeah, Ibill is rock solid....

I will come along and make pictures he he

Damn right there solid, they had there problems like the rest of them. Ibill has been around longer then any of them.


Ibill is not going anywhere. There visa compliant, there a public company, they have a LOT of cash flow.... nuff said...

Jettis??

:Graucho

My little finger tells me that verotel and probilling will bite the dust pretty soon...

I'm waiting... :Kissmy

Actually.. part of the Visa rules is that you cannot acquire across borders! Verotel is processing for US clients, not just EU. This is against the rules. :winkwink: Learn before you speak young grasshopper.

Not really, you can process in any zone as long as you have an acquiring bank in that zone.

farbie

Actually.. part of the Visa rules is that you cannot acquire across borders! Ibill is processing for EU clients, not just US. This is against the rules. Learn before you speak young grasshopper

The above quote can be found here: http://www.gofuckyourself.com/showth...hreadid=172112

They are processing for US clients without charging the US registration fee for Visa and without complying with the new M/C regulations. They are going to either a) stop processing for US clients or b) get an acquiring back in the US dumb enough to process for them (and their clients 9 year old modeling sites) or c) do a glo-bill.

uhm... iBill EU is processing for EU clients.. It's a european company with european banking relations.. wtf are you talking about?

Jeff, I think they're next but not necessarily in that order. Stick with CCBill and Paycom... and in 3 months time you can switch to my new solution :winkwink:

Brad