Glo-Bill's Secret Tactic?
 

I really hate beating a dead-horse here - and I agree this is getting old. I just made a simple observation at Glo-Bill's site and it may be their new business model. It may not be. I am clearly ignorant on this entire topic but I am striving to be informed. Here's what I found:

"Glo-Bill pays you a standard commission* for every membership you sell"

No, there was no asterisk (*) explaining this but it seems to me, and this is where I might very well be wrong, their new business model makes THEM not only the IPSP, but also the one and only "Sponsored Merchant." Are we all resellers of our *own product* under their "new business paradigm?" That would be very clever indeed, but also open them to very high potential risk.

Is every "IPSP" set up like this? Am I right or WAYYYYYYYY off base here? Thoughts?

good question

I think all of em have the same type of language.

hmm you might be on the money with that one.

If Globill acts as a master account "Sponsor Merchant" and isps.. they only have to pay 1 set of fees and can have an unlimited sites. VISA does say only 1 registration per company not per URL and it doesn't say that the URLs don't have to be owned by you.

Very risky though because basically they have to monitor chargebacks ever second so that 1 client doesn't fuck it up for everyone.

ouch.

If thats the case, I gotta assume globill has investigated it, to make sure its above board. I mean, they may not be the "big 3" but its not "Bob's credit card processing" either.

hmm but would that action classify them as an IPSP if they are processing for other sites ? Don't you think VISA will suspect something when 1 sponsor merchant has 10,000 paysites? All different, all differnet companies that own them?

If that's the case, it won't last long.

VISA will close the loophole in a hurry.

Sounds like a very strange and desperate tactic.
I doubt Globill would risk so much.

hmm interesting... maybe, but im quite sure they have investigated it though...at least i hope so

A. Martin

Is this your idea?

Lets see if I can summarize the facts that have been posted

1. Visa made new rules.
2. All other 3rd party billers stated rules effect them, and fees involved.
3. Globill is somehow not going to have to follow them
4. Fines for not following the rules was like 25k per webmaster
5. Visa has obviously spent a lot of time and money to create
these rules for the adult industry
6. Last night someone confirmed Paypal will also have to follow
the rules
7. CCbill and other IPSP have got letters from Visa stating Globill
Will have to follow IPSP rules

Personally I think it is extremely arrogant to think that you will be able to force some loophole down Visa's throat. They are just like Augusta National Country Club (No Women Allowed). They are both private and they can decide who they want to except as a merchant or member. I feel sorry for all your customers when you decide to play Russian Roulette with Visa.

A. Martin So who will pay the fines if Visa says your idea is wrong.

It's an interesting discussion. I know Glo-Bill isn't going to come in and say, "you guys figured it out" - but I also venture to say they really DO have a way around the new VISA regulations. I further surmise that they are definitely brilliant if they do - but it also has to be something that isn't too hard to figure out.

I like my theory :thumbsup

And as m0rph3us stated in his first reply, "they have to monitor chargebacks ever(y) second so that 1 client doesn't fuck it up for everyone." Wouldn't they be the "first line of defense" anyway? I mean, they are the processing company - they would surely know the chargeback activity and they could "self-monitor" the situation and still "pull weeds" just like VISA would be doing. They are merely eliminating a step - the costly step - in the process.

This furthers the discussion as to why the "Big3" haven't been shutting guys down with huge chargeback ratios? Everyone knew that chargebacks would eventually be the downfall of the industry - and that has come to roost here and now - why weren't they more proactive? Or were they? I ask because I do not neccessarily know the answer to that question.

I am sorry johnl2 - this is my idea and my idea alone. I have no idea who exactly A. Martin is other than he is representing one of the "Big3." I cannot recall which.

Nice to come out attacking me, an innocent party trying to have a discussion, with your very first post :thumbsup

Viper

I was not attacking you. I was talking about A. Martin of Globill.
I have been reading all the post for the last few days. I just want to learn as a businessman what the truth is about.

I just find it very hard to believe that the big 3 as they are referred to, and paypal beleive these rules and Globill can come out and make slick marketing pitch and everyone just believes them with no facts. This is the amazing part. People are willing to believe that Visa will not smack them down with huge fines or worse close them down period for violating their rules.

I just signed up with globill, a couple of weeks ago, and I think that I have already figured out some of the differences.

I can see that in order for the other companies to do this, they would have to overhaul their way of doing things completely

why do you keep making assumptions while you are lacking basic info necessary for valid statements? Give things some time.

I am sure we all want to know what exactly is going on. But I also believe no one will really know until someone gets ass-whipped by the new regulations. It won't be until then that we know exactly how to put it all into perspective.

Will the ass-whipping come down on Glo-Bill? Will the ass-whipping be a surprise to all the webmasters involved in the mass exodus to Glo-Bill, from Glo-Bill (or VISA)? Will the ass-whipping be a major program getting slapped around by higher than allowed chargeback ratios?

I mean, what do we really KNOW other than there will be a bunch of fees if we do business with one of the US based "Big3?" Do we really KNOW what that all means to us in the long run?

What's next?

Who knows? :winkwink:

It is true that we will probably not know for a few weeks or till after Nov 15.

The funny part is that all the larger smart webmasters have rebills at the big 3. They will pay the $750.00 to keep their rebills going.

Since they have paid their is no reason to take the chance and switch for even a year. No money savings. When Visa Bitch-slaps
Globill with huge fines, or closes them a whole new group little looser that switched will wake up with no rebills, no payment due to fines. Now they will not even have the $750 to go back to the big 3.

The Good news is this means even less pay site owners and more little bitches to send us traffic.

can u translat this into Thai for me pls, thx

johnl2. I see that you registered your handle in Oct 2002. I see that you talk exactly like one of the "big 3" third-party billers. I see that you are trying to whip up fear in people's minds about switching from the big3.

Your posts are pretty transparent. You ain't no legit webmaster, you're a fucking stoolie for the Axis of Evil. Whoever you are, Clay, Ron, Chris or some other flunkie of the Unholy Alliance, be a man and just post under your own fucking name!!!

Man, you guys are fucking desparate.....

and pathetic!

:321GFY

I just want to see some lawsuits against Visa :)

Wooo BLAM BLAM

If he isn't no doubt some are.

I had been thinking the same thing but I did not want to say anything publicly.

Globill already runs a tight ship. They will tell you if you charge too much for your site and not let you make the price higher until you add more content ! I know from my experience with them that I don't have chargebacks.

:)

Honeyslut, can I have your ICQ.... I'd like to ask you some things if that's cool... :)

YES!

I have been using them for about a year now and that is very very true.. Shit .. they are not very leaninent.. when it comes to pricing and all...that shit.. So you have an idea.. for anything priced under $9 they tend to charge WAY more comissions.. to discourage all those 3 days for 2.95 then rebill at 40+... so yes, I would say glo bill is an excellent biller...

Ibill and ccbill didn't stop the clients with the large chargebacks because those clients made so much money for them. For instance, freenetpass.com's tactics and other similar sites have many chargebacks but their revenue is still so much greater that the processors ignore it.

I believe this assumption is exactly correct.

If you also note, it doesnt appear that Globill will be changing their descriptors away from just Globill, where all the other billers are Biller*SiteName.

Someone tell me why this is any different to say AdultRevenueService. They dont own their sites any more, simply bill clients and run and affiliate program when you boil it down. None of the billers are just a billing company as they offer affiliate programs and stats tracking etc so I really cant see how they couldnt have all gotten around this.

And I wouldnt be suprised to see an AdultRevenueService company pop out of the woodwork and offer services for a bunch of small paysites - would make a ton of sense.