08-19-2003, 11:51 PM
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Confirmed User
Join Date: Dec 2002
Posts: 495
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Quote:
Originally posted by A.Martin
Ron,
Thank you very much for your opinion on our corporate strategy. You have spun an interesting projection based on your understanding of the new rules and based on your experience running one of the best third-party billing companies on the internet (no sarcasm, I mean that, btw). But there are some incorrect assumptions in your post that I would like to point out. Most importantly, I can assure that Glo-Bill is NOT misinformed about anything.
Without giving away the full game-plan on our strategy, I will say that it revolves around more than a simple jurisdictional issue. It were simply jurisdictional then, as you pointed out earlier, all third-party billers would have simply moved to some other country. We did our homework for months and implemented what we feel is the best all-round solution. Under the CURRENT rules, Glo-Bill forsees no problem with its current business model and it is business as usual for us. We are not employing a "run, hide and stall" strategy as your description seems to imply. We have openly discussed changes to our business model and jurisdictional issues with both the banks and credit card companies over the course of months. We have across-the-board approval for our way of doing business under the current regime. If the credit card companies decide to ammend their rules at some future time or implement a whole new set of regulations, then the only thing we can promise is that we will be on top of it, as we were this time, and try to once again come up with the best solution for our clients.
I will reiterate what I stated in previous posts:
We will not divulge the full details on our strategies for obvious reasons. We will say that we saw the writiing on the wall many months ago and started taking proactive measures since then to protect our clients' businesses to the best of our ability. The bottom line: it is business as usual at Glo-Bill, meaning:
- No set-up fees
- No monthly or annual fees
- No reporting of your private information to any outside entity
- Websites from foreign countries welcome as always without special requirements
- No Big Brother style registration forms and no scrutiny of your website by other entities
- We help you maintain your chargebacks at very low levels WITHOUT blindly declining good signups
- Still no free trials and proud of it!
Again, Ron, I would like to thank you for your post and your opinion of Glo-Bill. I think that in this time of change for the industry that certain companies are standing out for the way they are attempting to keep webmasters informed. Your presence on this board is certainly appreciated by many, including myself, and I think that speaks for itself. I know that CCBill is here to stay and is an anchor for the industry. And, if I may be so presumptuous to state, so is Glo-Bill.
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Add no payment to that list.
http://www.gofuckyourself.com/showth...hreadid=165988
(old news but would like to see A.Martin's response) |
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