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mmcfadden

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#1

visa fee cleared up!

01-21-2010, 02:51 PM

Well not yet. Keep reading.

After 3 years now processing cc's with ccbill I still do not understand why I need to pay a visa fee again if I go with a secondary processor.

Does visa not recognize my company ein number and that the fee was paid already? 3 years ago this is how I understood it and explained to me.

Appreciate any technical responses reworded in lamens terms.
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Playboy-Deak

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#2

01-21-2010, 03:01 PM

I'm also finna get a secondary processor. My eye is on segpay...
What secondary processor youi going with that's charging an extra visa fee?

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xenigo

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#3

01-21-2010, 03:05 PM

Supposedly the "VISA fee" doesn't go to VISA to begin with. So that would basically answer your question. It goes to the IPSP.
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mmcfadden

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#4

01-21-2010, 03:08 PM

Originally posted by Playboy-Deak

I'm also finna get a secondary processor. My eye is on segpay...
What secondary processor youi going with that's charging an extra visa fee?

I'm thinking about netbilling. I researched several months ago and all of them wanted the visa fee again.

Zamboi claims to not have it at all but I went through the signup process and remember differently.
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#5

01-21-2010, 03:09 PM

Originally posted by mmcfadden

I'm thinking about netbilling. I researched several months ago and all of them wanted the visa fee again.

Zamboi claims to not have it at all but I went through the signup process and remember differently.

I process with them and I never paid the VISA fee. There's been no problems.
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#6

01-21-2010, 03:10 PM

Originally posted by mmcfadden

Well not yet. Keep reading.

After 3 years now processing cc's with ccbill I still do not understand why I need to pay a visa fee again if I go with a secondary processor.

Does visa not recognize my company ein number and that the fee was paid already? 3 years ago this is how I understood it and explained to me.

Appreciate any technical responses reworded in lamens terms.

Our latest studies in regards to the visa fees have provided us with information showing that Visa charge you a fee to go with a secondary processor because they can.
Visa does recognize your ein number and is counting all the money you are paying.
Our most recent market research have shown that after your fourth fee, you may get a birth date card from them.

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mmcfadden

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#7

01-21-2010, 03:36 PM

Originally posted by xenigo

Supposedly the "VISA fee" doesn't go to VISA to begin with. So that would basically answer your question. It goes to the IPSP.

Where does it go? I'm on my phone and googling IPSP would take a really long time.
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BV

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#8

01-21-2010, 03:59 PM

Originally posted by mmcfadden

Where does it go? I'm on my phone and googling IPSP would take a really long time.

ipsp = ccbill, epoch etc etc
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mmcfadden

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#9

01-21-2010, 04:10 PM

Originally posted by BV

ipsp = ccbill, epoch etc etc

So its a processor fee masking visa as the reason?

Just want to understand where my money goes.
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BV

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#10

01-21-2010, 04:23 PM

Originally posted by mmcfadden

So its a processor fee masking visa as the reason?

Just want to understand where my money goes.

I have no idea exactly where the money goes, but I think the ipsp is required by VISA to have a "visa dept." checking stuff. And the fee finances this dept. And I think this is only for US based ipsp's.

I could be totally wrong, but this is what I have reasoned in my mind based on tidbits of information I have read over the past 6 or 7 years when all this shit started.
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#11

01-21-2010, 04:29 PM

23K bitches!
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mmcfadden

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#12

01-21-2010, 04:34 PM

From recollection when I was initiating a new processor the reason explained to me is that the site(s) had to be rechecked again because a new processor.

If that is the reason, why do I not pay a 750 dollar fee each time a new site is added? Doesn't visa have to check each site?
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#13

01-21-2010, 04:44 PM

Originally posted by V_RocKs

23K bitches!

Congrats V

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#14

01-21-2010, 05:00 PM

Originally posted by BV

I have no idea exactly where the money goes, but I think the ipsp is required by VISA to have a "visa dept." checking stuff. And the fee finances this dept. And I think this is only for US based ipsp's.

I could be totally wrong, but this is what I have reasoned in my mind based on tidbits of information I have read over the past 6 or 7 years when all this shit started.

I find it kinda funny that the fee has always been negotiable, based on whether you're a serious webmaster or not.

That's why I'm sure it doesn't go to VISA.
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mmcfadden

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#15

01-21-2010, 05:11 PM

Originally posted by xenigo

I find it kinda funny that the fee has always been negotiable, based on whether you're a serious webmaster or not.

That's why I'm sure it doesn't go to VISA.

I've never been opted out of the fee. Not sure waht to think.

I process over 100k and below 1 mil, is there a serious button?

I seriously do not want to piss money... Can that happen?
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12clicks

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#16

01-21-2010, 05:25 PM

I wipe my ass with the visa fee.
How many years as a small time punk have you worried about the visa fee?

I'm not a dinosaur, I'm a crocodile. I've seen dinosaurs come and go and I'm left unimpressed.
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mmcfadden

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#17

01-21-2010, 05:31 PM

Originally posted by 12clicks

I wipe my ass with the visa fee.
How many years as a small time punk have you worried about the visa fee?

Your toilet paper just broke. You have no idea what this thread is about
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#18

01-21-2010, 07:55 PM

Originally posted by mmcfadden

Your toilet paper just broke. You have no idea what this thread is about

That's fucking funny.

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mmcfadden

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#19

01-22-2010, 04:43 PM

I guess what makes the most sense is BV's reason.

The processor pays visa something and we are just under there umbrella.

So say 1000 site owners are paying 750 +/- the first year and now 500 +/- every year after. That is well over 1 mil a year in a fee (per processor) imposed supposedly by visa. Seems like a lot with these "hypothetical" numbers.

Someone in the know not working for a processor surely must have the answer to this question.
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#20

01-22-2010, 05:58 PM

You will get no real answers because you are not ready yet... In due time you will receive the knowledge you crave!

“If you can convince the lowest white man he’s better than the best colored man, he won’t notice you’re picking his pocket. Hell, give him somebody to look down on, and he’ll empty his pockets for you.”
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mmcfadden

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#21

01-22-2010, 06:05 PM

Originally posted by CryBaby

You will get no real answers because you are not ready yet... In due time you will receive the knowledge you crave!

Ahhh... I think the answers will come in this thread shortly... Or not
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#22

01-22-2010, 07:02 PM

Originally posted by mmcfadden

I guess what makes the most sense is BV's reason.

The processor pays visa something and we are just under there umbrella.

So say 1000 site owners are paying 750 +/- the first year and now 500 +/- every year after. That is well over 1 mil a year in a fee (per processor) imposed supposedly by visa. Seems like a lot with these "hypothetical" numbers.

Someone in the know not working for a processor surely must have the answer to this question.

What does not make sense?
It makes Visa money. Why is it is so hard to believe that they charge a fee to make more money ?

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mmcfadden

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#23

01-22-2010, 07:15 PM

Originally posted by Press Release Pro

What does not make sense?
It makes Visa money. Why is it is so hard to believe that they charge a fee to make more money ?

My op was about paying the same fee again with another processer.

So either my company is recognized by visa for paying the fee or it is not. If the later, then it is grouped under the processor who is collecting it.

Either way, I want to know where my money goes because every processor states it is a visa fee and I, quite frankly, don't think it is.
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#24

01-22-2010, 07:34 PM

Originally posted by mmcfadden

My op was about paying the same fee again with another processer.

So either my company is recognized by visa for paying the fee or it is not. If the later, then it is grouped under the processor who is collecting it.

Either way, I want to know where my money goes because every processor states it is a visa fee and I, quite frankly, don't think it is.

You say you can't understand why you should pay the same fee again, I just answered you. Because it makes them money.

If you create more work by creating 2 accounts, why shouldn't you pay twice ?

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Barefootsies

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#25

01-22-2010, 11:20 PM

Originally posted by mmcfadden

Zamboi claims to not have it at all but I went through the signup process and remember differently.

First, that is Zombaio.

Second, your 'recollection' would be incorrect.

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