GoFuckYourself.com - Adult Webmaster Forum - View Single Post - Joint Statement from IBill, CCBill and Epoch / Paycom

TheFLY · 10-02-2002, 01:31 PM

This is just more of the same Bin Laden bullshit... ever since 911 all the offshore banking shit has got more restricted because of "terrorism" -- yeah right... Like Brad said, I bet this is more about money laundering and scams... VISA will just hand over all this "reporting" info to the Feds/IRS so they can bust heads. The $750 fee is only there to keep the paperwork for them to a minimum.

This won't affect smaller paysites -- AVS is a better deal these days anyway -- the conversion ratios and retention is better -- the AVS will get get more sophisticated affiliate program (some do already)...

I think IBill, CCBill and Epoch will lose a lot of biz to AVS. I bet these companies are frantically working right now on their own AVS systems or partnerships so they don't lose biz to AVS!

My prediction is that this Globill "escape plan" is a red herring -- IBill, CCBill and Epoch aren't stupid -- if there was an escape from this -- they would have moved offshore too... Sounds to me like Epoch was just cut out of the loop of information -- and the axe will fall hard on them later -- we definitely aren't getting the full story here...

10-02-2002, 01:31 PM
TheFLY So Fucking Banned Join Date: Jan 2001 Location: http://www.thefly.net/ --- Quit your job and live off steady traffic. Posts: 11,856	This is just more of the same Bin Laden bullshit... ever since 911 all the offshore banking shit has got more restricted because of "terrorism" -- yeah right... Like Brad said, I bet this is more about money laundering and scams... VISA will just hand over all this "reporting" info to the Feds/IRS so they can bust heads. The $750 fee is only there to keep the paperwork for them to a minimum. This won't affect smaller paysites -- AVS is a better deal these days anyway -- the conversion ratios and retention is better -- the AVS will get get more sophisticated affiliate program (some do already)... I think IBill, CCBill and Epoch will lose a lot of biz to AVS. I bet these companies are frantically working right now on their own AVS systems or partnerships so they don't lose biz to AVS! My prediction is that this Globill "escape plan" is a red herring -- IBill, CCBill and Epoch aren't stupid -- if there was an escape from this -- they would have moved offshore too... Sounds to me like Epoch was just cut out of the loop of information -- and the axe will fall hard on them later -- we definitely aren't getting the full story here...