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-   -   What % of VISA earnings does our business represent? (https://gfy.com/showthread.php?t=810815)

gandalfuy 02-26-2008 12:03 PM

What % of VISA earnings does our business represent?
 
i was just wondering...

Jens Van Assterdam 02-26-2008 12:09 PM

less then 10% id say..

LiveDose 02-26-2008 12:11 PM

Very small compared to their overall volume.

ADL Colin 02-26-2008 12:14 PM

Real ballpark here.

Say Visa does about $1 trillion in debit and prepaid transactions annually.

Then say internet porn sales are about $5 billion and say half of those are visa (compared to MC, checks, whatever)

You are looking at about 1/4 of 1%.

gandalfuy 02-26-2008 12:21 PM

Quote:

Originally Posted by Machete Rodriguez (Post 13835931)
less then 10% id say..

less than 10% was still a lot

Quote:

Originally Posted by ADL Colin (Post 13835957)
Real ballpark here.

Say Visa does about $1 trillion in debit and prepaid transactions annually.

Then say internet porn sales are about $5 billion and say half of those are visa (compared to MC, checks, whatever)

You are looking at about 1/4 of 1%.

but 0.25 :disgust

so, should we worry about VISA going public?
is that a fact? would it go public?

aLe.-

spunkmaster 02-26-2008 02:10 PM

The last I heard it was 1%

But, chargebacks from adult were 40% of the overall chargebacks.

WiredGuy 02-26-2008 02:11 PM

Between 1-3%.
WG

TheDoc 02-26-2008 02:34 PM

Isn't VISA a 3-4trillion dollar global company? So if globally we did 20 billion, that's like a half a percent. So I agree with colin, 1/4 of 1% sounds about right.

spunkmaster, our industry has a rather low cb %, 1 %. The standard merchant account has a much higher limit. Most department stores, gas stations, all types of shit, even more so around the holidays, can sky rocket in cb's - far past the levels of our industry.

Azoy? 02-26-2008 03:58 PM

Quote:

Originally Posted by gandalfuy (Post 13835897)
i was just wondering...

who cares is a better responce.
coin is coin no matter where it is coming from.

mikesouth 02-26-2008 04:58 PM

WAY less than 1% in fact its miniscule

Wizzo 02-26-2008 05:13 PM

Little to none... less than 1%...:pimp

D 02-26-2008 05:15 PM

multicolored machine tools.

ADL Colin 02-26-2008 05:22 PM

Quote:

Originally Posted by D (Post 13837222)
multicolored machine tools.

What are GFY nicknames?

Due 02-26-2008 05:23 PM

It is not a question on how big a % the adult represent of their global revenues, more how big a % of the visa cardholders use the card for adult services that is important :thumbsup
Then again more than 75% of the porn surfers today have no credit card (visa / mc or similar) to pay with

V_RocKs 02-26-2008 05:24 PM

We don't even show up on the map...

D 02-26-2008 05:28 PM

Quote:

Originally Posted by ADL Colin (Post 13837253)
What are GFY nicknames?

lol

:thumbsup

baddog 02-26-2008 05:50 PM

if we left, they would never notice . . . except a vast majority of their problems would disappear.

shuki 02-26-2008 07:45 PM

Quote:

Originally Posted by baddog (Post 13837332)
if we left, they would never notice . . . except a vast majority of their problems would disappear.

And that is not a good thing for this industry

AlienQ - BANNED FOR LIFE 02-26-2008 07:54 PM

Ya people are missing something though.

Account for the interest rate the card user's are paying.

I am willing to bet it comes to a pretty substantial amount monthly.
Any Accruing interest rate is undocumented gold to Creditors especially these days as many people are well over 24% and the average "joe" lookin at 20%.

However Adult transaction itself compared to mainstream I would say is fairly small when compared to the economic world as a whole.

AlienQ - BANNED FOR LIFE 02-26-2008 08:01 PM

But then you can also look at it another way...

People pay Internet providers monthly an average of 70 bucks a month and use it to access Adult Entertainment ( Most of it free ).

Many use there Computers daily to access stored adult content.
A PC they own mind you that steals your content daily.

I mean the line to where Adult Ends and Mainstream begins is a complex web of costs and here we all are today fuskering each other as each of us gives it away free.

I would say the winners in all this are the major internet providers and creditors. The wealth in an Adult profession will never hold a candle to the profits made by those outside the industry yet attatched to the hip at the heart of it all to each of us.

I would be willing to bet that if Adult was removed from the net ( Draconically Speaking ) the Internet would be a very boring place not worth really looking at except to get charts, data information and family albums and music videos.

spunkmaster 02-26-2008 11:27 PM

Quote:

Originally Posted by TheDoc (Post 13836492)
Isn't VISA a 3-4trillion dollar global company? So if globally we did 20 billion, that's like a half a percent. So I agree with colin, 1/4 of 1% sounds about right.

spunkmaster, our industry has a rather low cb %, 1 %. The standard merchant account has a much higher limit. Most department stores, gas stations, all types of shit, even more so around the holidays, can sky rocket in cb's - far past the levels of our industry.



Visa's numbers not mine !

Mutt 02-26-2008 11:30 PM

tiny - a fraction of 1%

NETbilling 02-26-2008 11:31 PM

Quote:

Originally Posted by spunkmaster (Post 13836401)
The last I heard it was 1%

But, chargebacks from adult were 40% of the overall chargebacks.

Less than 1% but you are right with the chargebacks


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