GoFuckYourself.com - Adult Webmaster Forum - View Single Post - Zombaio [OFFICIAL] ACH/SEPA/IBAN Release!

Squirm · 10-18-2011, 01:04 PM

I just can't express how glad I am that this has finally happened. A couple of months ago, I was actually working up a detailed written criticism to post here, and then I learned of the ACH trial. (I was invited to join, but then nothing came of it.)

ACH has been promised since I signed up with Zombaio back in January of 2010, "coming soon" for 2 years now. But if these lower fees genuinely apply to future payouts, I'll be much happier.

Some folks may shrug off various transfer fees as a cost of doing business, but what those fees actually do is raise the effective rate of processing.

It may be irrelevant now, but here's the math:

Take a hypothetical medium-performance adult site: Suppose you have your payout threshold set to $1000, and suppose your volume is just shy of $1,000/week. Under Zombaio's advertised rate structure for new customers, the processing cost is 10.9%. "Way back" 2 years ago, it was advertised as 4.9%, and then crept up to 8.9%, which I suspect is what a lot of you are paying these days. So I'll use 8.9% in this calculation.

But 8.9% isn't the end of it: A wire transfer costs $22 to originate from Zombaio, the intermediate bank takes about $20, and the receiving bank usually has a fee as well, in this case let's use $25. That's $67 lost out of every $1000 payout, or 6.7%.

Add that to 8.9% and the effective processing rate is (was) 15.6%! For those that started at 4.9% and watching the rates and fees slowly creep up, that's quite a difference!

But now, the advertised $3.50 fee for ACH payouts only works out to 0.35% of every $1,000, far far better. If you were getting 4 payouts a month and losing $268 in fees ($67 x 4), now that falls to just $14 in fees ($3.50 x 4), a savings of $254/month, or $3,048 per year! That's a new Kia every 3 years lost in fees!

So, if this works, I'll feel much happier about using Zombaio and may start directing more of my traffic and web clients there.

Now if only Zombaio would cut a break to those of us who signed up at 4.9% and have very, very low chargeback ratios.

10-18-2011, 01:04 PM
Squirm Registered User Industry Role: Join Date: Aug 2011 Posts: 17	I just can't express how glad I am that this has finally happened. A couple of months ago, I was actually working up a detailed written criticism to post here, and then I learned of the ACH trial. (I was invited to join, but then nothing came of it.) ACH has been promised since I signed up with Zombaio back in January of 2010, "coming soon" for 2 years now. But if these lower fees genuinely apply to future payouts, I'll be much happier. Some folks may shrug off various transfer fees as a cost of doing business, but what those fees actually do is raise the effective rate of processing. It may be irrelevant now, but here's the math: Take a hypothetical medium-performance adult site: Suppose you have your payout threshold set to $1000, and suppose your volume is just shy of $1,000/week. Under Zombaio's advertised rate structure for new customers, the processing cost is 10.9%. "Way back" 2 years ago, it was advertised as 4.9%, and then crept up to 8.9%, which I suspect is what a lot of you are paying these days. So I'll use 8.9% in this calculation. But 8.9% isn't the end of it: A wire transfer costs $22 to originate from Zombaio, the intermediate bank takes about $20, and the receiving bank usually has a fee as well, in this case let's use $25. That's $67 lost out of every $1000 payout, or 6.7%. Add that to 8.9% and the effective processing rate is (was) 15.6%! For those that started at 4.9% and watching the rates and fees slowly creep up, that's quite a difference! But now, the advertised $3.50 fee for ACH payouts only works out to 0.35% of every $1,000, far far better. If you were getting 4 payouts a month and losing $268 in fees ($67 x 4), now that falls to just $14 in fees ($3.50 x 4), a savings of $254/month, or $3,048 per year! That's a new Kia every 3 years lost in fees! So, if this works, I'll feel much happier about using Zombaio and may start directing more of my traffic and web clients there. Now if only Zombaio would cut a break to those of us who signed up at 4.9% and have very, very low chargeback ratios.