Why can't Epoch, CCBill, IBill & Co. ... - GoFuckYourself.com

Slinx · 07-06-2004, 10:14 AM

... bill European customers in Euro?

It is very difficult to find a satisfying billing solution for Euro-billing. A lot of EU customers want to pay in their home currency. At the moment they get an added value because of the low US Dollar.
But if the Dollar rises they will request to get billed in Euro.

Where is the problem for the processing companies to charge in Euro?

Slinx · 07-06-2004, 02:14 PM

Nobody? Plz

chipmunk · 07-06-2004, 02:19 PM

Hello Slinx,
Billing in other currencies is extremely complex. I know from experience due to SEXMoney.com being coded from the ground up, offering both US and EU currency options.
Also besides billing the customer in their native currency, the webmasters must also be put into consideration. I know we pay our North American & Australian Webmasters in USD, and those outside the US in Europe are paid in Euros. Its rather complex as the signup amounts must be converted over within the system, and then the appropriate webmaster payout amounts from that conversion and so forth.

I would be glad to discuss this in much grater length if you wish via ICQ, phone or email...

Warm regards,
--=Chipmunk=--

Validus · 07-06-2004, 02:20 PM

Quote:

Originally posted by Slinx
Nobody? Plz

Processing in multiple currencies is not as easy as it sounds. The back-end and databases need to support multiple currencies; the merchant account also needs to support multiple currencies. It is more complex then one would think. There is much much more to take into consideration.

I hope that answered your question a little.

Validus · 07-06-2004, 02:21 PM

Quote:

Originally posted by chipmunk
Hello Slinx,
Billing in other currencies is extremely complex. I know from experience due to SEXMoney.com being coded from the ground up, offering both US and EU currency options.
Also besides billing the customer in their native currency, the webmasters must also be put into consideration. I know we pay our North American & Australian Webmasters in USD, and those outside the US in Europe are paid in Euros. Its rather complex as the signup amounts must be converted over within the system, and then the appropriate webmaster payout amounts from that conversion and so forth.

I would be glad to discuss this in much grater length if you wish via ICQ, phone or email...

Warm regards,
--=Chipmunk=--

Right on, LOL. Good answer!

chipmunk · 07-06-2004, 02:25 PM

Quote:

Originally posted by Validus
Processing in multiple currencies is not as easy as it sounds. The back-end and databases need to support multiple currencies; the merchant account also needs to support multiple currencies. It is more complex then one would think. There is much much more to take into consideration.

I hope that answered your question a little.

Right on Validus !!! I think we can conclude thats its really really really complex

DutchTeenCash · 07-06-2004, 02:29 PM

Quote:

Originally posted by Slinx
... bill European customers in Euro?

It is very difficult to find a satisfying billing solution for Euro-billing. A lot of EU customers want to pay in their home currency. At the moment they get an added value because of the low US Dollar.
But if the Dollar rises they will request to get billed in Euro.

Where is the problem for the processing companies to charge in Euro?

weve got a lot of EU customers, must say in all those years i never got 1 request of billing in EU, so why do you think they want that ? 20 cents more or less doesnt make the world difference for a 24,95 signup, most ppl pay a lot more on interest on their cc statements...

Slinx · 07-06-2004, 02:36 PM

Quote:

Originally posted by chipmunk
Hello Slinx,
Billing in other currencies is extremely complex. I know from experience due to SEXMoney.com being coded from the ground up, offering both US and EU currency options.
Also besides billing the customer in their native currency, the webmasters must also be put into consideration. I know we pay our North American & Australian Webmasters in USD, and those outside the US in Europe are paid in Euros. Its rather complex as the signup amounts must be converted over within the system, and then the appropriate webmaster payout amounts from that conversion and so forth.

I would be glad to discuss this in much grater length if you wish via ICQ, phone or email...

Warm regards,
--=Chipmunk=--

Thanks for the answer. Yes, I can imagine the work for database coding and so on. A lot of Sexmoney's clients are from Europe and you have reacted to the needs of the customers.

I will bookmark this thread and will remember your offer to have a small chat about this issue.
I hope some other webmasters are interested in this theme too.

andrej_NDC · 07-06-2004, 02:41 PM

Quote:

Originally posted by thinkx
20 cents more or less doesnt make the world difference for a 24,95 signup, most ppl pay a lot more on interest on their cc statements...

20 cents?

Slinx · 07-06-2004, 02:44 PM

Quote:

Originally posted by thinkx
weve got a lot of EU customers, must say in all those years i never got 1 request of billing in EU, so why do you think they want that ? 20 cents more or less doesnt make the world difference for a 24,95 signup, most ppl pay a lot more on interest on their cc statements...

I'm interested in a Euro solution. And it's not only 20 cents. At the moment the Europeans pay for a $24,95 signup around 20 Euro. But the times will change and the conversion ratio will drop. Then the EU's will calculate twice if they have to pay 30 Euro for a $25 sign up.
And: If you could charge them in Euro at the moment you would have 20% money in your pockets.

andrej_NDC · 07-06-2004, 02:49 PM

Quote:

Originally posted by Slinx
Then the EU's will calculate twice if they have to pay 30 Euro for a $25 sign up.

LOL you expect 50% increase in value of US dollar?????

sperbonzo · 07-06-2004, 02:51 PM

Quote:

Thanks for the answer. Yes, I can imagine the work for database coding and so on. A lot of Sexmoney's clients are from Europe and you have reacted to the needs of the customers.

It has much less to do with the database coding, and much more to do with banking procedures and credit card regulations. In order to charge in Euro's, the BANK must charge in Euro's. This typically involves using an EU bank. According to cross-border acquiring rules, the processor, the bank, and the merchant must all be located in the same region. Once you find a bank that will accept IPSP merchant accounts, and bills in Euro's, you THEN have to find one that is willing to bill in Dollars also (since 70%+ of credit card transactions online are in Dollars).

Finding a bank that will do all this is virtually impossible, especially given the complexities of tracking and seperating the origin of the transactions and also conpensating for changing exchange rates in dealing with the Processor. THEN the processor would have to deal with exchange rates in dealing with the merchants, etc, etc, etc.....

The problems become immense.

BTW.....Hi Chipmonk! How are things going with you?

Slinx · 07-06-2004, 02:53 PM

Quote:

Originally posted by andrej_NDC
LOL you expect 50% increase in value of US dollar?????

Not in the short term. But currencies fluctuate and in the past there was a exchange rate of 1,20 Euro for one Dollar.

Let's Greenspan the interest rate raise and Kerry the election win and then we can speak again

chipmunk · 07-06-2004, 02:58 PM

Sperbonzo How the heck are ya man!!!!

Good seeing you out in San Diego

Thanx for the detailed info there.... Much appreciated!

The Laptop Saga is still going... Long long story!

Talk to you soon man!

---=Chipmunk=---

andrej_NDC · 07-06-2004, 03:04 PM

Quote:

Originally posted by Slinx
Not in the short term. But currencies fluctuate and in the past there was a exchange rate of 1,20 Euro for one Dollar.

Let's Greenspan the interest rate raise and Kerry the election win and then we can speak again

well, that would be a dream also for me, few years back I got for US dollar 50% more, when I think about that and the income I have now...Damn I could be already rich still getting as much. But I hope at least it will be a little better with Kerry, hope he win, please god!

Global Dialers · 07-06-2004, 03:05 PM

Quote:

Originally posted by Validus
Processing in multiple currencies is not as easy as it sounds. The back-end and databases need to support multiple currencies; the merchant account also needs to support multiple currencies. It is more complex then one would think. There is much much more to take into consideration.

so you are saying that manstream processors have figured this out but adult ones havent

come on if they can do it easily in mainstream considerig they usually take from us it shouldnt be to hard for us to take from them for a change lol

lacorporacione · 07-07-2004, 01:48 AM

See sig....We can supply processing to almost anything!

NETbilling · 07-18-2004, 08:44 PM

Sorry for the delayed post. I have been out of town.

Netbilling can set you up with a Euro merchant account that will bill and settle in Euros This is not a problem for us to do but you must have a Euro corp.

Let me know if you are interested.

Thank you, Mitch Farber

Drake · 07-18-2004, 09:57 PM

Are there no other 3rd party billing processors located outside of the US other than Verotel?

Why are Euro webmasters always in need of a US based 3rd party processor? Can anybody shed some light? I'm in darkness.

FlyingIguana · 07-18-2004, 10:03 PM

i wanna get paid in euro

us $ is turning into monopoly money

TheDoc · 07-18-2004, 10:19 PM

Epoch now process euro dollars. It's on every epoch join from from what I gather. I think they guarantee the rate for 3 months.

viocard · 07-19-2004, 01:43 AM

VICOARD.COM works with both European and American banks-equirers and accepts international businesses. Having a VIOCARD Merchant Account allows you to accept foreign currencies.

If you are interested, contact our sales representative for more information.

psyko514 · 07-19-2004, 01:51 AM

Quote:

Originally posted by Slinx
I'm interested in a Euro solution. And it's not only 20 cents. At the moment the Europeans pay for a $24,95 signup around 20 Euro. But the times will change and the conversion ratio will drop. Then the EU's will calculate twice if they have to pay 30 Euro for a $25 sign up.
And: If you could charge them in Euro at the moment you would have 20% money in your pockets.

personally, if i was billing in euro and usd, i'd make sure the charge was always the same no matter what the currency. if my site was $19.99 USD, i'd also make sure it was the equivalent price in euros.

it wouldn't make sense otherwise.

Gunni · 07-19-2004, 02:00 AM

Quote:

Originally posted by Slinx
Not in the short term. But currencies fluctuate and in the past there was a exchange rate of 1,20 Euro for one Dollar.

Let's Greenspan the interest rate raise and Kerry the election win and then we can speak again

That would be sweet!
I'd be very happy if I got more euros for my dollars

07-06-2004, 10:14 AM	#1
Slinx Confirmed User Join Date: May 2003 Posts: 823	Why can't Epoch, CCBill, IBill & Co. ... ... bill European customers in Euro? It is very difficult to find a satisfying billing solution for Euro-billing. A lot of EU customers want to pay in their home currency. At the moment they get an added value because of the low US Dollar. But if the Dollar rises they will request to get billed in Euro. Where is the problem for the processing companies to charge in Euro?

07-06-2004, 02:19 PM	#3
chipmunk Confirmed User Industry Role: Join Date: Sep 2002 Location: South Florida Posts: 1,039	Hello Slinx, Billing in other currencies is extremely complex. I know from experience due to SEXMoney.com being coded from the ground up, offering both US and EU currency options. Also besides billing the customer in their native currency, the webmasters must also be put into consideration. I know we pay our North American & Australian Webmasters in USD, and those outside the US in Europe are paid in Euros. Its rather complex as the signup amounts must be converted over within the system, and then the appropriate webmaster payout amounts from that conversion and so forth. I would be glad to discuss this in much grater length if you wish via ICQ, phone or email... Warm regards, --=Chipmunk=-- __________________ Matthew "Chipmunk" Sclier Skype: ChipmunkLF AvenueLink.com Personal Loan Offers & Data Management

07-06-2004, 02:58 PM	#14
chipmunk Confirmed User Industry Role: Join Date: Sep 2002 Location: South Florida Posts: 1,039	Sperbonzo How the heck are ya man!!!! Good seeing you out in San Diego Thanx for the detailed info there.... Much appreciated! The Laptop Saga is still going... Long long story! Talk to you soon man! ---=Chipmunk=--- __________________ Matthew "Chipmunk" Sclier Skype: ChipmunkLF AvenueLink.com Personal Loan Offers & Data Management

07-07-2004, 01:48 AM	#17
lacorporacione Confirmed User Join Date: May 2004 Location: Australia Posts: 252	See sig....We can supply processing to almost anything! __________________ SIG TOO BIG! Maximum 120x60 button and no more than 3 text lines of DEFAULT SIZE and COLOR. Unless your sig is for a GFY top banner sponsor, you may use a 624x80 instead of a 120x60. Let me repeat... A 120 x 60 button and no more that 3 lines of DEFAULT SIZE AND COLOR text.

07-18-2004, 08:44 PM	#18
NETbilling Confirmed User Industry Role: Join Date: Jan 2002 Location: Huntington Beach, CA Posts: 8,584	Sorry for the delayed post. I have been out of town. Netbilling can set you up with a Euro merchant account that will bill and settle in Euros This is not a problem for us to do but you must have a Euro corp. Let me know if you are interested. Thank you, Mitch Farber __________________ 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!

07-06-2004, 02:14 PM	#2
Slinx Confirmed User Join Date: May 2003 Posts: 823	Nobody? Plz

07-18-2004, 09:57 PM	#19
Drake Hello world! Industry Role: Join Date: Mar 2003 Posts: 12,508	Are there no other 3rd party billing processors located outside of the US other than Verotel? Why are Euro webmasters always in need of a US based 3rd party processor? Can anybody shed some light? I'm in darkness.

07-18-2004, 10:03 PM	#20
FlyingIguana aspiring banker Join Date: Mar 2002 Location: toronto Posts: 10,870	i wanna get paid in euro us $ is turning into monopoly money

07-18-2004, 10:19 PM	#21
TheDoc Too lazy to set a custom title Industry Role: Join Date: Jul 2001 Location: Currently Incognito Posts: 13,827	Epoch now process euro dollars. It's on every epoch join from from what I gather. I think they guarantee the rate for 3 months. __________________ ~TheDoc - ICQ7765825 It's all disambiguation

07-19-2004, 01:43 AM	#22
viocard Registered User Join Date: Oct 2003 Posts: 43	VICOARD.COM works with both European and American banks-equirers and accepts international businesses. Having a VIOCARD Merchant Account allows you to accept foreign currencies. If you are interested, contact our sales representative for more information. __________________ SIG TOO BIG! Maximum 120x60 button and no more than 3 text lines of DEFAULT SIZE and COLOR. Unless your sig is for a GFY top banner sponsor, then you may use a 624x80 instead of a 120x60.