Fucked In The Ass By MasterCard - MC Now Charging $500 Fee. How Do I Chargeback? - GoFuckYourself.com

The Porn Nerd · 03-05-2013, 06:42 PM

The free ride is over for MasterCard online processing. Just got this email from Epoch and I'm wondering if CCBill and the rest will follow?

Here's the email. Prison-style, no lube:

:: Epoch News :: MasterCard's New Designation and You

MasterCard has created a designation for billing companies identifying them as Payment Facilitators. The MasterCard designation is quite similar to Visa's Internet Payment Service Provider (IPSP) program which began in 2002. Each Payment Facilitator is required to register their clients with MasterCard, as is already done with Visa. Epoch has taken all the necessary steps to ensure that you are fully compliant with the new rules.

The information that you have already provided for Visa registration will now also be submitted to MasterCard. There are no changes with your ability to process transactions with Epoch and business will continue seamlessly.

As with Visa, there is an annual fee for MasterCard registration. That fee is $500 and your account representative will contact you by email with further details as the due date approaches.

Within the new guidelines, sponsored merchants that process more than $100k per year in MasterCard sales will be required to sign a simple agreement acknowledging the terms and conditions of Epoch's banks. However, you will be able to continue to utilize all of the services, features and benefits of your Epoch account without any changes. Your account representative will contact you regarding this if it applies to you.

We appreciate being your payment solution of choice. Feel free to contact us if you have any questions.

The Team at Epoch

Why did MasterCard do this? Because they can?
Maybe they'll take $50 a month for 10 months?

JamesM · 03-05-2013, 07:29 PM

is this for eu region also ? or just for US just like VISA

VIXEN ESCORTS · 03-05-2013, 07:30 PM

It's for EU too, be interesting to see how CCbill deal with it

VIXEN ESCORTS · 03-05-2013, 07:35 PM

Actually this is a really good deal, in the UK we have to pay ATVOD for the privilege of NOT accepting DEBIT CARDS

The Porn Nerd · 03-06-2013, 12:19 PM

Lube me next time MC please!! Ouch ouch ouch.

seeandsee · 03-06-2013, 12:36 PM

What did they wait all this years?

Dirty F · 03-06-2013, 12:45 PM

Man, it's just 500 dollars. You act like they are asking for 1000's.

Grapesoda · 03-06-2013, 12:54 PM

Quote:

Originally Posted by MisterPeabody

The free ride is over for MasterCard online processing. Just got this email from Epoch and I'm wondering if CCBill and the rest will follow?

Here's the email. Prison-style, no lube:

:: Epoch News :: MasterCard's New Designation and You

MasterCard has created a designation for billing companies identifying them as Payment Facilitators. The MasterCard designation is quite similar to Visa's Internet Payment Service Provider (IPSP) program which began in 2002. Each Payment Facilitator is required to register their clients with MasterCard, as is already done with Visa. Epoch has taken all the necessary steps to ensure that you are fully compliant with the new rules.

The information that you have already provided for Visa registration will now also be submitted to MasterCard. There are no changes with your ability to process transactions with Epoch and business will continue seamlessly.

As with Visa, there is an annual fee for MasterCard registration. That fee is $500 and your account representative will contact you by email with further details as the due date approaches.

Within the new guidelines, sponsored merchants that process more than $100k per year in MasterCard sales will be required to sign a simple agreement acknowledging the terms and conditions of Epoch's banks. However, you will be able to continue to utilize all of the services, features and benefits of your Epoch account without any changes. Your account representative will contact you regarding this if it applies to you.

We appreciate being your payment solution of choice. Feel free to contact us if you have any questions.

The Team at Epoch

Why did MasterCard do this? Because they can?
Maybe they'll take $50 a month for 10 months?

if your biz can't eat $500 a year, you got many more issues than MC

NETbilling · 03-06-2013, 01:00 PM

We announced this to our merchants via newsletters and at the trade show seminars that we spoke at 2 months ago in LA and Vegas as well as at the Europe shows in September.

NETbilling · 03-06-2013, 01:02 PM

This completely levels the registration prices and playing fields between merchant account providers and 3rd party processors (IPSP). Also, if a merchant is processing over $100k per year in Mastercard and Maestro volume, they are required now to have their own merchant account according to the new rules.

NETbilling · 03-06-2013, 01:05 PM

Quote:

Originally Posted by seeandsee

What did they wait all this years?

Mastercard previously did not require registration for aggregated merchants but now they do.

Far-L · 03-06-2013, 01:06 PM

Quote:

Originally Posted by Grapesoda

if your biz can't eat $500 a year, you got many more issues than MC

Plus, it apparently only applies to a company that is doing over $100,000.00 in transactions per year.

Peabody - you probably do more than that per month so what are you getting all itchy and scratchy about?

NETbilling · 03-06-2013, 01:06 PM

This was announced Sept 2012...

Effective September 15th 2012, MasterCard is lowering their annual high-risk registration fee from $1,000 to $500. This means merchants who acquire a high-risk merchant account will pay an annual fee of $1,000 instead of $1,500 for Visa and MasterCard. When current merchants with a high-risk merchant account come up for renewal this new reduction will take effect.

MasterCard is also requiring all adult high-risk sub-merchants processing with a third party processor to be registered with MasterCard by September 15th. All high risk sub-merchants will have to pay an annual renewal fee of $500 for MasterCard. Starting this year the cost of registration fees for high risk merchants will be the same regardless of whether they have a direct high risk account or a high risk account under an aggregator or third party processor ($500 for Visa and $500 for MasterCard). In the past, MasterCard did not have any registration fees for sub-merchants the way they do for direct merchants.

Both Visa and MasterCard have rules regarding how much volume the sub-merchants should be processing on an annual basis. Visa has never enforced their rules regarding how much volume a sub-merchant can process under the IPSP model and since the program with MasterCard is new, we don’t know how strongly MasterCard will enforce their rules regarding volume. Both associations require the banks to provide how much the merchants will be processing for their card type on a monthly or annual basis as well as monthly or quarterly reporting throughout the year so they can monitor how much the sub-merchants are actually processing. MasterCard’s rules state that sub-merchants processing under a Payment Facilitator should be processing less than $100,000 in MasterCard volume on an annual basis and Visa’s rules state that sub-merchants processing under the IPSP model should be processing less than $100,000 in Visa volume on an annual basis.

MasterCard has said there was some flexibility for sub-merchants that were over the $100,000 annual threshold but merchants that far exceeded the threshold should have a direct merchant account. Both associations set up the aggregator models for the purpose of processing for small merchants that are either unable to get their own merchant account or prefer to have the aggregator handle the billing for them. Both associations’ expectations of merchants that process over $8,500 per month with each card brand or $100,000 annually with each card brand is that they should have their own merchant account.

Additionally, MasterCard is changing the current ECP thresholds related to the identification of both CMMs and ECMs. The Excessive Chargeback Program (ECP) is intended to encourage each merchant to closely monitor its chargeback performance and to determine promptly when a merchant has exceeded, or is likely to exceed, monthly chargeback thresholds.

The two types of ECP identification are Chargeback-Monitored Merchants (CMMs) and Excessive Chargeback Merchants (ECMs).

Effective August 15, 2012, MasterCard will revise the definitions for CMMs and ECMs as described below. All merchant data reported to the ECP after the effective date will be subject to the new criteria.

Chargeback-Monitored Merchant (CMM):
MasterCard is revising the definition of a CMM by changing the thresholds for CMM identification from a CTR in excess of 50 basis points and at least 50 chargebacks in a calendar month to a CTR in excess of 100 basis points and at least 100 chargebacks in a calendar month.

Excessive Chargeback Merchant (ECM):
MasterCard is revising the definition of an ECM by changing the thresholds for ECM identification from a minimum CTR of 100 basis points and at least 50 chargebacks in each of two consecutive calendar months to a minimum CTR of 150 basis points and at least 100 chargebacks in each of two consecutive calendar months.

The Porn Nerd · 03-06-2013, 01:47 PM

Quote:

Originally Posted by Grapesoda

if your biz can't eat $500 a year, you got many more issues than MC

That's not really the point. Of course I can handle the extra charges it's just I don't like how what was once "free" is now costing me money. Grrrr to that!!

Quote:

Originally Posted by Far-L

Plus, it apparently only applies to a company that is doing over $100,000.00 in transactions per year.

Peabody - you probably do more than that per month so what are you getting all itchy and scratchy about?

Not that much with MasterCard alone....the worrisome thing is not necassarily the cost (I spend more than $500 on fucking weed in a month) but rather the "new rules" MC is instituting regarding volume, chargebacks, etc etc.

For such a small percentage of sales that come from MasterCard - about 14% for me - the additional cost plus the added (potential) headaches/disruption is what's annoying me. That and the fucking SNOW in NYC. LOL

Doctor Dre · 03-06-2013, 02:12 PM

It's 500$ for christ sake... You're a cheap fuck ! lol

NETbilling · 03-06-2013, 02:30 PM

Quote:

Originally Posted by Far-L

Plus, it apparently only applies to a company that is doing over $100,000.00 in transactions per year.

Peabody - you probably do more than that per month so what are you getting all itchy and scratchy about?

Far-L

It is for every high risk Mastercard merchant. The 100k per year is a separate tule that if they process over that volume they must have their own merchant account.

Dirty F · 03-06-2013, 02:43 PM

Quote:

Originally Posted by MisterPeabody

That's not really the point. Of course I can handle the extra charges it's just I don't like how what was once "free" is now costing me money. Grrrr to that!!

Not that much with MasterCard alone....the worrisome thing is not necassarily the cost (I spend more than $500 on fucking weed in a month) but rather the "new rules" MC is instituting regarding volume, chargebacks, etc etc.

For such a small percentage of sales that come from MasterCard - about 14% for me - the additional cost plus the added (potential) headaches/disruption is what's annoying me. That and the fucking SNOW in NYC. LOL

Jesus man. You pay 500 bucks and it's done. That takes like 2 minutes if your time?

The Porn Nerd · 03-06-2013, 03:15 PM

Quote:

Originally Posted by Dirty F

Jesus man. You pay 500 bucks and it's done. That takes like 2 minutes if your time?

I know man, I know - again, it's the PRINCIPLE. Plus, MC has new rules, too, which will affect my business like requiring your own merchant account, etc.

Again, all this for 14% of transactions? And if CCBill follows, and Segpay, and Netbilling, and verotel, and Zombaio, and - you get the idea. So it's not just the $500 but $500 times x # of processers.

Rand · 03-06-2013, 03:37 PM

To clarify some misinformation on this thread. As we wrote in our announcement, Sponsored Merchants that process in excess of $100,000 per year in Master Card sales will need to sign a simple agreement to acknowledge the terms and conditions of Epoch's banks. This satisfies the MasterCard requirements and their processing will continue without change. There is absolutely no requirement that any Sponsored Merchants open a merchant account.

RyuLion · 03-06-2013, 03:54 PM

Quote:

Originally Posted by Rand

To clarify some misinformation on this thread. As we wrote in our announcement, Sponsored Merchants that process in excess of $100,000 per year in Master Card sales will need to sign a simple agreement to acknowledge the terms and conditions of Epoch's banks. This satisfies the MasterCard requirements and their processing will continue without change. There is absolutely no requirement that any Sponsored Merchants open a merchant account.

Thank you!

SwirlsGirl · 03-06-2013, 04:13 PM

Quote:

Originally Posted by NETbilling

This completely levels the registration prices and playing fields between merchant account providers and 3rd party processors (IPSP). Also, if a merchant is processing over $100k per year in Mastercard and Maestro volume, they are required now to have their own merchant account according to the new rules.

With respect I don't think the playing field will ever be level between 3rd party isp and merchant account providers because many of the individuals that run 3rd party billing companies are corrupt and shameless.

There are even those who run merchant account service companies that are corrupt and shameless.

You have a great reputation and so does your company and I know you know these words I speak to be true even if you do not agree with me publically...I don't blame you in your position.

Case and point....if a merchant account provider or company tells me I need to boost my revenue up to 10,000.00 a month before I qualify for a merchant account then we both know that a 3rd party provding ass hat will personally see to it that my processing account has a vertical sales limit and there amany ways this can be done.

Because why would the 3rd party company run the risk of losing my 20% in fees I pay to them as well as other *processing* benefits....why would the struggling 3rd party processor do anything to help my sales revenue get up to 10,000 so I could qualify for that merch account...

You see its a tangled web we weave when parasites practice to deceive and the chickens are coming home to roost and now everyone can see like peabody said that we are the industry but we must take it up the ass with no lube.

I say its been time to switch it and take back the power out of the hands of the middle men and return it to the merchants.

Life will be better for customers and merchants and not so wonderful for the middle men anymore....but I am a dreamer so I will keep dreaming...LOL

Some people just want to make their fair share of coin and be left the fuck alone but middle men and ass hats have cornered the market and will never cease to create more ways to nickel and dime us merchants...

it is the philosophy and genetic predisposition that bankers,pseduo bankers, and ass hats have no control over.

You have to feel sorry for them on one level because they could not function or make it thru the day if they were not ripping some one off.

Qbert · 03-06-2013, 04:19 PM

Now where the fuck did I leave my tinfoil hat?

Google Expert · 03-06-2013, 04:22 PM

if you feel that $500 = "fucked in the ass", then you have no place in this business

The Porn Nerd · 03-06-2013, 04:34 PM

Quote:

Originally Posted by Rand

To clarify some misinformation on this thread. As we wrote in our announcement, Sponsored Merchants that process in excess of $100,000 per year in Master Card sales will need to sign a simple agreement to acknowledge the terms and conditions of Epoch's banks. This satisfies the MasterCard requirements and their processing will continue without change. There is absolutely no requirement that any Sponsored Merchants open a merchant account.

Whew! That bit about needing a merch account was worrisome but thanks for clearing that up.

I did not blame Epoch (or CCBill or any other 3rd party processer) for this but said MC was doing the ass-fucking, and they are. NOT charging all this time then suddenly doing so means they are doing so simply because they CAN. And guess what? They DID.

Quote:

Originally Posted by M.A+

if you feel that $500 = "fucked in the ass", then you have no place in this business

I feel every poke in my butt regardless of how small the prick. The fact that you take an opposite view tells me your ass is like a saggy bag of potatoes from all the ass-fucking you've taken "in this business" so you can't feel it anymore.

Dirty F · 03-06-2013, 04:37 PM

Quote:

Originally Posted by SwirlsGirl

With respect I don't think the playing field will ever be level between 3rd party isp and merchant account providers because many of the individuals that run 3rd party billing companies are corrupt and shameless.

There are even those who run merchant account service companies that are corrupt and shameless.

You have a great reputation and so does your company and I know you know these words I speak to be true even if you do not agree with me publically...I don't blame you in your position.

Case and point....if a merchant account provider or company tells me I need to boost my revenue up to 10,000.00 a month before I qualify for a merchant account then we both know that a 3rd party provding ass hat will personally see to it that my processing account has a vertical sales limit and there amany ways this can be done.

Because why would the 3rd party company run the risk of losing my 20% in fees I pay to them as well as other *processing* benefits....why would the struggling 3rd party processor do anything to help my sales revenue get up to 10,000 so I could qualify for that merch account...

You see its a tangled web we weave when parasites practice to deceive and the chickens are coming home to roost and now everyone can see like peabody said that we are the industry but we must take it up the ass with no lube.

I say its been time to switch it and take back the power out of the hands of the middle men and return it to the merchants.

Life will be better for customers and merchants and not so wonderful for the middle men anymore....but I am a dreamer so I will keep dreaming...LOL

Some people just want to make their fair share of coin and be left the fuck alone but middle men and ass hats have cornered the market and will never cease to create more ways to nickel and dime us merchants...

it is the philosophy and genetic predisposition that bankers,pseduo bankers, and ass hats have no control over.

You have to feel sorry for them on one level because they could not function or make it thru the day if they were not ripping some one off.

Get help you fucking freak!

Sly · 03-06-2013, 04:55 PM

Quote:

Originally Posted by SwirlsGirl

With respect I don't think the playing field will ever be level between 3rd party isp and merchant account providers because many of the individuals that run 3rd party billing companies are corrupt and shameless.

There are even those who run merchant account service companies that are corrupt and shameless.

You have a great reputation and so does your company and I know you know these words I speak to be true even if you do not agree with me publically...I don't blame you in your position.

Case and point....if a merchant account provider or company tells me I need to boost my revenue up to 10,000.00 a month before I qualify for a merchant account then we both know that a 3rd party provding ass hat will personally see to it that my processing account has a vertical sales limit and there amany ways this can be done.

Because why would the 3rd party company run the risk of losing my 20% in fees I pay to them as well as other *processing* benefits....why would the struggling 3rd party processor do anything to help my sales revenue get up to 10,000 so I could qualify for that merch account...

You see its a tangled web we weave when parasites practice to deceive and the chickens are coming home to roost and now everyone can see like peabody said that we are the industry but we must take it up the ass with no lube.

I say its been time to switch it and take back the power out of the hands of the middle men and return it to the merchants.

Life will be better for customers and merchants and not so wonderful for the middle men anymore....but I am a dreamer so I will keep dreaming...LOL

Some people just want to make their fair share of coin and be left the fuck alone but middle men and ass hats have cornered the market and will never cease to create more ways to nickel and dime us merchants...

it is the philosophy and genetic predisposition that bankers,pseduo bankers, and ass hats have no control over.

You have to feel sorry for them on one level because they could not function or make it thru the day if they were not ripping some one off.

Sara I can call 10 people on my Skype list right now, without even thinking about it, that do more than $10,000 a DAY in transactions. In short, $10,000 a DAY in transactions, is peanuts.

There is only one person preventing you from doing $10,000 a month in transactions. Just one.

Go look in the mirror.

Dirty F · 03-06-2013, 05:30 PM

Quote:

Originally Posted by Sly

Sara I can call 10 people on my Skype list right now, without even thinking about it, that do more than $10,000 a DAY in transactions. In short, $10,000 a DAY in transactions, is peanuts.

There is only one person preventing you from doing $10,000 a month in transactions. Just one.

Go look in the mirror.

She is so fucking clueless it's almost scary.

TrafficRush · 03-06-2013, 05:34 PM

ouch ouch but $500 even times 4 processors for a big sponsor site is chump change don't you think? Pass it on to the members

Phoenix · 03-06-2013, 05:37 PM

$500 for the chance to make how much?

seems like an ok deal to me.

The Porn Nerd · 03-06-2013, 05:38 PM

Quote:

Originally Posted by TrafficRush

ouch ouch but $500 even times 4 processors for a big sponsor site is chump change don't you think? Pass it on to the members

LOL Believe me, I thought of that. :D But no, will absorb it, and it is minimal in the grand scheme of things...

But here I am, lookin' out for the LITTLE GUY, those Mom & Pops who only have a site or two. This will hurt them the most, I think.

Quote:

Originally Posted by Sly

Sara I can call 10 people on my Skype list right now, without even thinking about it, that do more than $10,000 a DAY in transactions. In short, $10,000 a DAY in transactions, is peanuts.

There is only one person preventing you from doing $10,000 a month in transactions. Just one.

Go look in the mirror.

A. I wanna hang out with whoever's on your Skype list.
B. I wanna be on your Skype list. LOL

(And I do way more than 10k a month in transactions but doing that in a DAY...well, there's a new Goal, eh?)

signupdamnit · 03-06-2013, 06:04 PM

Quote:

Originally Posted by TrafficRush

ouch ouch but $500 even times 4 processors for a big sponsor site is chump change don't you think? Pass it on to the members

Isn't it also per site and processor? That would add up fast for a sponsor with a large network of sites.

We really need to get free of these banks. Hopefully something like Bitcoins becomes a more realistic alternative soon.

Mark67 · 03-06-2013, 06:25 PM

How about ccbill and others take bitcoin, then no charges.

While that may sound silly, it may not be a bad way, and cuts out the problems credit card firms give.

3 months ago I would not have touched bitcoins, but now I am thinking it could be better than credit card payments.

2013 · 03-06-2013, 06:30 PM

Mark67 · 03-06-2013, 06:32 PM

Many may drop several processers and just have one such as ccbill rather than end up paying $500 times however many processers.

A lot of people run 5 or more sites so if its also per site, rthen it will get to be a lot of cash.

While for some $500 may be nothing, a lot of solo girl sites will not make much and $500 is a lot.

Of course some may think it gets rid of cometition, and yes it may be good for some.

One thought is that if they must take such charges, then one option is to charge per month, say $40 per month.

My Fucking Traffic · 03-06-2013, 06:36 PM

I have removed everyone in this thread who's bitching about paying $500 to MC that owns a affiliate program. If you are bitching about $500 for credit card processing, then I'd really hate to get the "but man, you sold too many memberships I can't pay you right now" messages.

Sly · 03-06-2013, 06:37 PM

Guys, it's not per site.

And having multiple processors should pay for the fees because you will pick up more sales by having a cascade. Unless you don't get any traffic. And if you don't have any traffic, then none of this matters.

NETbilling · 03-07-2013, 12:21 AM

Quote:

Originally Posted by Rand

To clarify some misinformation on this thread. As we wrote in our announcement, Sponsored Merchants that process in excess of $100,000 per year in Master Card sales will need to sign a simple agreement to acknowledge the terms and conditions of Epoch's banks. This satisfies the MasterCard requirements and their processing will continue without change. There is absolutely no requirement that any Sponsored Merchants open a merchant account.

Actually Rand with all due respect you are it correct. Based in our conversatns directly with MasterCard the rules are set forth here:

http://www.mastercard.com/us/merchant/pdf/BM-Entire_Manual_public.pdf

This section. States the rule:

5.4 Use of a Payment Facilitator

From Mastercard's bulletin originally released to the acquiring banks Feb 10, 2012 which was amended to the rules in the manual and was revised in September.

5.4 Use of a Payment Facilitator

The Acquirer is liable for all acts and omissions by a Payment Facilitator and any Sub-merchant.

A Payment Facilitator may not be a Sub-merchant of any other Payment Facilitator, nor may a Payment Facilitator be a Payment Facilitator for another Payment Facilitator.

Unless otherwise approved by the Corporation, any Sub-merchant that exceeds USD 100,000 in MasterCard and Maestro combined annual sales may not be or continue to be a Sub-merchant and must enter into a Merchant Agreement directly with a Customer.

***************

The "Corporation" is MasterCard, not a bank. They are they only ones hat can approve a high volume merchant to remain under the facilitator model and it is on a case by case basis.

Mitch

blofer80 · 03-07-2013, 02:19 AM

I like the snobs here who say: "If you cant 500$ a year so you are not in the right biz" .

Alot of Bla Bla shit from GFY losers who work for big companies who think they are smarter than anyone.

500$ per year, only for MC, for small-medium businneses that use few processors, is alot of money. It makes margin smaller, and its a BIG expense for most of users.

SGS · 03-07-2013, 02:33 AM

Quote:

Originally Posted by Mark67

Many may drop several processers and just have one such as ccbill rather than end up paying $500 times however many processers.

A lot of people run 5 or more sites so if its also per site, rthen it will get to be a lot of cash.

While for some $500 may be nothing, a lot of solo girl sites will not make much and $500 is a lot.

Of course some may think it gets rid of cometition, and yes it may be good for some.

One thought is that if they must take such charges, then one option is to charge per month, say $40 per month.

Are you dvtimes using a fake nic?

My Fucking Traffic · 03-07-2013, 02:46 AM

Quote:

Originally Posted by blofer80

I like the snobs here who say: "If you cant 500$ a year so you are not in the right biz" .

Alot of Bla Bla shit from GFY losers who work for big companies who think they are smarter than anyone.

500$ per year, only for MC, for small-medium businneses that use few processors, is alot of money. It makes margin smaller, and its a BIG expense for most of users.

I'll pay the fee yearly for any paysite that doesn't want to make the payment, but in exchange I get 10% of every sale made on the network.

NETbilling · 03-07-2013, 12:29 PM

Btw - the fees are per merchant meaning that you have to pay the fees for each IPSP that you use. If you have your own merchant account, you pay one time regardless of the processor that you use.

Google Expert · 03-07-2013, 12:44 PM

Quote:

Originally Posted by blofer80

I like the snobs here who say: "If you cant 500$ a year so you are not in the right biz" .

Alot of Bla Bla shit from GFY losers who work for big companies who think they are smarter than anyone.

500$ per year, only for MC, for small-medium businneses that use few processors, is alot of money. It makes margin smaller, and its a BIG expense for most of users.

you sound like a loser

The Porn Nerd · 03-07-2013, 03:07 PM

Quote:

Originally Posted by M.A+

you sound like a loser

NO. He sounds like a common sense businessman, looking out for the small-to-midsize company (like mine).

For those posting in here who are employees then, with all respect due you, STFU. You're not the Boss, you don't know what it's like, etc etc.....

Now for a million dollar plus company this is less of an issue as I'm sure they will have merch accounts etc all in place. Financially it's not a big deal. But when you start getting charged for something that was once free - REGARDLESS OF WHY - it should raise a red flag. Anything less and you're doing a lousy job of being a businessman IMHO.

blofer80 · 03-07-2013, 04:03 PM

Quote:

Originally Posted by M.A+

you sound like a loser

You sound like a designer

03-05-2013, 06:42 PM	#1
The Porn Nerd Living The Dream Industry Role: Join Date: Jun 2009 Location: Inside a Monitor Posts: 19,536	Fucked In The Ass By MasterCard - MC Now Charging $500 Fee. How Do I Chargeback? The free ride is over for MasterCard online processing. Just got this email from Epoch and I'm wondering if CCBill and the rest will follow? Here's the email. Prison-style, no lube: :: Epoch News :: MasterCard's New Designation and You MasterCard has created a designation for billing companies identifying them as Payment Facilitators. The MasterCard designation is quite similar to Visa's Internet Payment Service Provider (IPSP) program which began in 2002. Each Payment Facilitator is required to register their clients with MasterCard, as is already done with Visa. Epoch has taken all the necessary steps to ensure that you are fully compliant with the new rules. The information that you have already provided for Visa registration will now also be submitted to MasterCard. There are no changes with your ability to process transactions with Epoch and business will continue seamlessly. As with Visa, there is an annual fee for MasterCard registration. That fee is $500 and your account representative will contact you by email with further details as the due date approaches. Within the new guidelines, sponsored merchants that process more than $100k per year in MasterCard sales will be required to sign a simple agreement acknowledging the terms and conditions of Epoch's banks. However, you will be able to continue to utilize all of the services, features and benefits of your Epoch account without any changes. Your account representative will contact you regarding this if it applies to you. We appreciate being your payment solution of choice. Feel free to contact us if you have any questions. The Team at Epoch Why did MasterCard do this? Because they can? Maybe they'll take $50 a month for 10 months? __________________ My Affiliate Programs: Porn Nerd Cash \| Porn Showcase \| Aggressive Gold Over 90 paysites to promote! Now on Teams: peabodymedia

03-05-2013, 07:29 PM	#2
JamesM Confirmed User Industry Role: Join Date: Nov 2012 Posts: 732	is this for eu region also ? or just for US just like VISA __________________ Ex GF Films \| Grab Dollars Up To 80% Rev-Share \| 255 Day Cookie \| Legal Content \| Variety of Promo Tools \| CCBill Program \| GF Niche james[at]grabdollars[dot]com \| ICQ::611-99-zero-zero-20

03-06-2013, 12:19 PM	#5
The Porn Nerd Living The Dream Industry Role: Join Date: Jun 2009 Location: Inside a Monitor Posts: 19,536	Lube me next time MC please!! Ouch ouch ouch. __________________ My Affiliate Programs: Porn Nerd Cash \| Porn Showcase \| Aggressive Gold Over 90 paysites to promote! Now on Teams: peabodymedia

03-06-2013, 12:36 PM	#6
seeandsee Check SIG! Industry Role: Join Date: Mar 2006 Location: Europe (Skype: gojkoas) Posts: 50,945	What did they wait all this years? __________________ BUY MY SIG - 50$/Year Contact here

03-06-2013, 01:00 PM	#9
NETbilling Confirmed User Industry Role: Join Date: Jan 2002 Location: Huntington Beach, CA Posts: 8,580	We announced this to our merchants via newsletters and at the trade show seminars that we spoke at 2 months ago in LA and Vegas as well as at the Europe shows in September. __________________ Mitch Farber CEO - NETbilling, Inc. Email / Phone: 888-357-8166 / 661-252-2456 Transaction processing & 24/7 call center services with exceptional rates and flexibility, since 1998!

03-05-2013, 07:30 PM	#3
VIXEN ESCORTS Confirmed User Industry Role: Join Date: Oct 2003 Posts: 1,103	It's for EU too, be interesting to see how CCbill deal with it

03-05-2013, 07:35 PM	#4
VIXEN ESCORTS Confirmed User Industry Role: Join Date: Oct 2003 Posts: 1,103	Actually this is a really good deal, in the UK we have to pay ATVOD for the privilege of NOT accepting DEBIT CARDS

03-06-2013, 12:45 PM	#7
Dirty F Too lazy to set a custom title Industry Role: Join Date: Jul 2001 Posts: 59,204	Man, it's just 500 dollars. You act like they are asking for 1000's.

03-06-2013, 01:02 PM	#10
NETbilling Confirmed User Industry Role: Join Date: Jan 2002 Location: Huntington Beach, CA Posts: 8,580	This completely levels the registration prices and playing fields between merchant account providers and 3rd party processors (IPSP). Also, if a merchant is processing over $100k per year in Mastercard and Maestro volume, they are required now to have their own merchant account according to the new rules. __________________ Mitch Farber CEO - NETbilling, Inc. Email / Phone: 888-357-8166 / 661-252-2456 Transaction processing & 24/7 call center services with exceptional rates and flexibility, since 1998!

03-06-2013, 01:06 PM	#13
NETbilling Confirmed User Industry Role: Join Date: Jan 2002 Location: Huntington Beach, CA Posts: 8,580	This was announced Sept 2012... Effective September 15th 2012, MasterCard is lowering their annual high-risk registration fee from $1,000 to $500. This means merchants who acquire a high-risk merchant account will pay an annual fee of $1,000 instead of $1,500 for Visa and MasterCard. When current merchants with a high-risk merchant account come up for renewal this new reduction will take effect. MasterCard is also requiring all adult high-risk sub-merchants processing with a third party processor to be registered with MasterCard by September 15th. All high risk sub-merchants will have to pay an annual renewal fee of $500 for MasterCard. Starting this year the cost of registration fees for high risk merchants will be the same regardless of whether they have a direct high risk account or a high risk account under an aggregator or third party processor ($500 for Visa and $500 for MasterCard). In the past, MasterCard did not have any registration fees for sub-merchants the way they do for direct merchants. Both Visa and MasterCard have rules regarding how much volume the sub-merchants should be processing on an annual basis. Visa has never enforced their rules regarding how much volume a sub-merchant can process under the IPSP model and since the program with MasterCard is new, we don’t know how strongly MasterCard will enforce their rules regarding volume. Both associations require the banks to provide how much the merchants will be processing for their card type on a monthly or annual basis as well as monthly or quarterly reporting throughout the year so they can monitor how much the sub-merchants are actually processing. MasterCard’s rules state that sub-merchants processing under a Payment Facilitator should be processing less than $100,000 in MasterCard volume on an annual basis and Visa’s rules state that sub-merchants processing under the IPSP model should be processing less than $100,000 in Visa volume on an annual basis. MasterCard has said there was some flexibility for sub-merchants that were over the $100,000 annual threshold but merchants that far exceeded the threshold should have a direct merchant account. Both associations set up the aggregator models for the purpose of processing for small merchants that are either unable to get their own merchant account or prefer to have the aggregator handle the billing for them. Both associations’ expectations of merchants that process over $8,500 per month with each card brand or $100,000 annually with each card brand is that they should have their own merchant account. Additionally, MasterCard is changing the current ECP thresholds related to the identification of both CMMs and ECMs. The Excessive Chargeback Program (ECP) is intended to encourage each merchant to closely monitor its chargeback performance and to determine promptly when a merchant has exceeded, or is likely to exceed, monthly chargeback thresholds. The two types of ECP identification are Chargeback-Monitored Merchants (CMMs) and Excessive Chargeback Merchants (ECMs). Effective August 15, 2012, MasterCard will revise the definitions for CMMs and ECMs as described below. All merchant data reported to the ECP after the effective date will be subject to the new criteria. Chargeback-Monitored Merchant (CMM): MasterCard is revising the definition of a CMM by changing the thresholds for CMM identification from a CTR in excess of 50 basis points and at least 50 chargebacks in a calendar month to a CTR in excess of 100 basis points and at least 100 chargebacks in a calendar month. Excessive Chargeback Merchant (ECM): MasterCard is revising the definition of an ECM by changing the thresholds for ECM identification from a minimum CTR of 100 basis points and at least 50 chargebacks in each of two consecutive calendar months to a minimum CTR of 150 basis points and at least 100 chargebacks in each of two consecutive calendar months. __________________ Mitch Farber CEO - NETbilling, Inc. Email / Phone: 888-357-8166 / 661-252-2456 Transaction processing & 24/7 call center services with exceptional rates and flexibility, since 1998!

03-06-2013, 03:37 PM	#19
Rand Industry Vet Industry Role: Join Date: Jan 2002 Location: Santa Monica, CA Posts: 2,663	To clarify some misinformation on this thread. As we wrote in our announcement, Sponsored Merchants that process in excess of $100,000 per year in Master Card sales will need to sign a simple agreement to acknowledge the terms and conditions of Epoch's banks. This satisfies the MasterCard requirements and their processing will continue without change. There is absolutely no requirement that any Sponsored Merchants open a merchant account.

03-06-2013, 04:19 PM	#22
Qbert Confirmed User Industry Role: Join Date: Jun 2004 Location: Dark Side of the Moon Posts: 813	Now where the fuck did I leave my tinfoil hat?

03-06-2013, 04:22 PM	#23
Google Expert Webmaster Industry Role: Join Date: Jun 2004 Posts: 14,294	if you feel that $500 = "fucked in the ass", then you have no place in this business

03-06-2013, 05:34 PM	#28
TrafficRush See My SIG! Industry Role: Join Date: Dec 2003 Location: Sunny Paradise Posts: 2,099	ouch ouch but $500 even times 4 processors for a big sponsor site is chump change don't you think? Pass it on to the members __________________ INTRALINK DSP \| SIGNUP TO MAKE BANK NOW Skype: Traffic-RushHour \| ICQ: 467617514

03-06-2013, 05:37 PM	#29
Phoenix BACON BACON BACON Industry Role: Join Date: Nov 2002 Location: Poems everybody, the laddie fancies himself a poet Posts: 35,457	$500 for the chance to make how much? seems like an ok deal to me. __________________ Skype Phoenixskype1 Telegram PhoenixBrad https://quantads.io

03-06-2013, 06:25 PM	#32
Mark67 So Fucking Banned Industry Role: Join Date: Feb 2013 Location: At Home Posts: 269	How about ccbill and others take bitcoin, then no charges. While that may sound silly, it may not be a bad way, and cuts out the problems credit card firms give. 3 months ago I would not have touched bitcoins, but now I am thinking it could be better than credit card payments.

03-06-2013, 06:30 PM	#33
2013 So Fucking Banned Industry Role: Join Date: Jan 2013 Location: lollling Posts: 4,390

03-06-2013, 06:32 PM	#34
Mark67 So Fucking Banned Industry Role: Join Date: Feb 2013 Location: At Home Posts: 269	Many may drop several processers and just have one such as ccbill rather than end up paying $500 times however many processers. A lot of people run 5 or more sites so if its also per site, rthen it will get to be a lot of cash. While for some $500 may be nothing, a lot of solo girl sites will not make much and $500 is a lot. Of course some may think it gets rid of cometition, and yes it may be good for some. One thought is that if they must take such charges, then one option is to charge per month, say $40 per month.

03-06-2013, 06:36 PM	#35
My Fucking Traffic So Fucking Banned Industry Role: Join Date: Jun 2004 Posts: 996	I have removed everyone in this thread who's bitching about paying $500 to MC that owns a affiliate program. If you are bitching about $500 for credit card processing, then I'd really hate to get the "but man, you sold too many memberships I can't pay you right now" messages.

03-06-2013, 06:37 PM	#36
Sly Let's do some business! Industry Role: Join Date: Sep 2004 Location: Austin, TX Posts: 31,296	Guys, it's not per site. And having multiple processors should pay for the fees because you will pick up more sales by having a cascade. Unless you don't get any traffic. And if you don't have any traffic, then none of this matters. __________________ Vacares - Web Hosting, Domains, O365, Security & More - Paxum and BTC Accepted Windows VPS now available - just $50/mo Wanted: CCBill pay sites for sale

03-07-2013, 02:19 AM	#38
blofer80 Confirmed User Industry Role: Join Date: Sep 2002 Posts: 932	I like the snobs here who say: "If you cant 500$ a year so you are not in the right biz" . Alot of Bla Bla shit from GFY losers who work for big companies who think they are smarter than anyone. 500$ per year, only for MC, for small-medium businneses that use few processors, is alot of money. It makes margin smaller, and its a BIG expense for most of users.

03-07-2013, 12:29 PM	#41
NETbilling Confirmed User Industry Role: Join Date: Jan 2002 Location: Huntington Beach, CA Posts: 8,580	Btw - the fees are per merchant meaning that you have to pay the fees for each IPSP that you use. If you have your own merchant account, you pay one time regardless of the processor that you use. __________________ Mitch Farber CEO - NETbilling, Inc. Email / Phone: 888-357-8166 / 661-252-2456 Transaction processing & 24/7 call center services with exceptional rates and flexibility, since 1998!