GoFuckYourself.com - Adult Webmaster Forum - View Single Post

Bear · 07-28-2003, 07:06 PM

Globill and acpay close down. Both of them saying something like "due to pressure from Visa/Mastercard". But what is that pressure? Charge back ratio to 1% or Visa/MC ask the bank not to process them?

If it's pressure from Visa/Mastercard, I just afraid it might affect other existing processors as well. Since the business enivornment getting harder and harder. Will they also close down due to " pressure from Visa/Mastercard"?

Acpay and globill were using EU bank to process transactions. Will this thing happen to ibilleu or ccbilleu? If this thing can happen to AC and globill, why can't happen to other big processors? I just so afraid of that.

07-28-2003, 07:06 PM
Bear Confirmed User Join Date: Jul 2001 Posts: 261	Why processors close down? Globill and acpay close down. Both of them saying something like "due to pressure from Visa/Mastercard". But what is that pressure? Charge back ratio to 1% or Visa/MC ask the bank not to process them? If it's pressure from Visa/Mastercard, I just afraid it might affect other existing processors as well. Since the business enivornment getting harder and harder. Will they also close down due to " pressure from Visa/Mastercard"? Acpay and globill were using EU bank to process transactions. Will this thing happen to ibilleu or ccbilleu? If this thing can happen to AC and globill, why can't happen to other big processors? I just so afraid of that.