Verotel: Not just surviving, but THRIVING? - GoFuckYourself.com

jawanda · 03-21-2005, 03:52 PM

I've heard a lot of negative talk about Verotel on GFY over the years, much of it for good reason. But after all this time and the downfall of many other big processors, Verotel is still up and kicking, and coming up with new features / upgrades all the time.

Have to say I'm very impressed and hope they keep it up for years to come.

-P

BVF · 03-21-2005, 03:53 PM

I gotta give it to them. I didn't think they would last.

jawanda · 03-21-2005, 04:13 PM

Quote:

Originally Posted by BVF

I gotta give it to them. I didn't think they would last.

I think a lot of people had them slated as the next to crumble ...

pleasant surprise indeed.

-P

Shooting_Manic · 03-21-2005, 04:17 PM

Just makes me nervous about companies holding my money that are off shore. At least with the U.S companies, I can show up on their doorstep and/or sue if needed.

Kevin2 · 03-21-2005, 04:18 PM

We have been using Verotel on one of our sites for about 2 years now and have never had a problem with support or payouts.

jawanda · 03-21-2005, 04:37 PM

been hearing comments like that a lot lately. The fact that they keep adding new features / billing options gives me a bit of comfort as well.

andrej_NDC · 03-21-2005, 05:22 PM

Quote:

Originally Posted by Shooting_Manic

Just makes me nervous about companies holding my money that are off shore. At least with the U.S companies, I can show up on their doorstep and/or sue if needed.

sue ibill...

pet kangaroo · 03-21-2005, 05:28 PM

Quote:

Originally Posted by Shooting_Manic

Just makes me nervous about companies holding my money that are off shore. At least with the U.S companies, I can show up on their doorstep and/or sue if needed.

I understand your concerns. But some of us don't have any choice and have felt that way about U.S. companies in the past and been burnt.

Shooting_Manic · 03-21-2005, 05:33 PM

Quote:

Originally Posted by andrej_NDC

sue ibill...

Thank god I dont have to. Made a good choice on two processors three years ago in CCbill and Paycom. Never even looked at ibill.

Tat2Jr · 03-21-2005, 05:43 PM

Paycom since '98 (Oh, excuse me - Epoch). CCBill since '04. Been very happy. Next step is my own merchant account.

Shoplifter · 03-21-2005, 06:21 PM

We have used Verotel since 2002 with no issues whatsoever. The new currency selection features rock.

Webby · 03-21-2005, 07:14 PM

Quote:

Originally Posted by Shooting_Manic

Just makes me nervous about companies holding my money that are off shore. At least with the U.S companies, I can show up on their doorstep and/or sue if needed.

BTW.. Verotel are not offshore. They are based in Amsterdam.

Also... I am not gonna claim this is an asset - because "assets" can vanish overnight :-) But, unlike some existing "big" third party processors, Verotel do have an escrow service in place for the security of client funds.

tony286 · 03-21-2005, 07:17 PM

Quote:

Originally Posted by Webby

BTW.. Verotel are not offshore. They are based in Amsterdam.

Also... I am not gonna claim this is an asset - because "assets" can vanish overnight :-) But, unlike some existing "big" third party processors, Verotel do have an escrow service in place for the security of client funds.

I think thats still considered offshore and i think all processors should have a escrow service.

chupacabra · 03-21-2005, 07:25 PM

Quote:

Originally Posted by tony404

I think thats still considered offshore and i think all processors should have a escrow service.

being based in the Netherlands does not constitute being "offshore", at least not in the usual sense of the term... offshore usually refers to places such as Gibraltar, St. Kitts, Caymans, etc..

Webby · 03-21-2005, 07:28 PM

Quote:

Originally Posted by tony404

I think thats still considered offshore and i think all processors should have a escrow service.

Amsterdam is "offshore"? :-) It may be offshore from the US if that is what is mean't, but certainly is not an offshore company in the true sense.

But they are governed by the laws of Holland and can be sued easily.

Sure.. they should have escrow or other security in place. Oddly a few EU processors have an escrow service in place. But so far, I've never seen one in the US that has this security.

chupacabra · 03-21-2005, 07:34 PM

i said over a year ago that i thought it very possible that "Verotel could be the last one standing...", and lots of people laughed. heh, as the noose tightens here w/in the US i don't see as many people laughing now..

rowan · 03-21-2005, 07:35 PM

Quote:

Originally Posted by Shooting_Manic

Just makes me nervous about companies holding my money that are off shore. At least with the U.S companies, I can show up on their doorstep and/or sue if needed.

It costs a mere $USD12.50 to wire payments, if they shut down suddenly then you lose 2 weeks worth of transactions.

Webby · 03-21-2005, 07:39 PM

Quote:

Originally Posted by chupacabra

i said over a year ago that i thought it very possible that "Verotel could be the last one standing...", and lots of people laughed. heh, as the noose tightens here w/in the US i don't see as many people laughing now..

Nothing is certain anywhere chupacabra when it comes to third party processing

It's can be a profitable but risky biz when the elements that control the payment process change the rules.

But yea... I've also thought the next major processing area would be within the EU and it sure is heading that way now - even with elements of iBill. The slight difference, which is to the benefit of webmasters, is there are accountability laws in the EU when handling other people's money.

Shooting_Manic · 03-21-2005, 08:12 PM

Quote:

Originally Posted by rowan

It costs a mere $USD12.50 to wire payments, if they shut down suddenly then you lose 2 weeks worth of transactions.

Two weeks of payments is a new car and I'm not talking some $20,000 car here. Why would I risk that type of money over a 750 Visa fee and $2.50 on a wire fee?

Webby · 03-21-2005, 08:19 PM

Quote:

Originally Posted by Shooting_Manic

Two weeks of payments is a new car and I'm not talking some $20,000 car here. Why would I risk that type of money over a 750 Visa fee and $2.50 on a wire fee?

It ain't about $750 VISA fees SM - it's about who is stable and who have security of funds. The $750 VISA fee has not helped anyone owed by iBill - that's just another cost only applicable to VISA North America - it's not some status symbol or entitlement to get paid. No other banking region accepted that crap.

It would be nice to see CCBill now adopt some security of webmaster funds - especially considering the current iBill saga.

Shooting_Manic · 03-21-2005, 08:28 PM

Quote:

Originally Posted by Webby

It ain't about $750 VISA fees SM - it's about who is stable and who have security of funds. The $750 VISA fee has not helped anyone owed by iBill - that's just another cost only applicable to VISA North America - it's not some status symbol or entitlement to get paid. No other banking region accepted that crap.

It would be nice to see CCBill now adopt some security of webmaster funds - especially considering the current iBill saga.

Sorry, but you are not going to change my mind and I doubt the minds of any ccbill or paycom webmasters here. We all know what the 750 fee is about and of course it does not offer extra security. Im very happy with where I am at and will not leave. If I go anywhere, it will be to my own merchant account.

I also take issue with many of the sites that Vertol has seen themself clear to process for. I'm not going to give my money to a company that would support sites that feature models under the age of 18.

.02

rowan · 03-21-2005, 08:38 PM

Quote:

Originally Posted by Shooting_Manic

Two weeks of payments is a new car and I'm not talking some $20,000 car here. Why would I risk that type of money over a 750 Visa fee and $2.50 on a wire fee?

Ok, so you've got oodles of money. I still look at it in a relative sense: losing 2 weeks worth is better than losing (say) 2 months worth.

If you were pushing that many transactions you wouldn't/shouldn't be using a single processor anyway.

chupacabra · 03-21-2005, 08:46 PM

Quote:

Originally Posted by Shooting_Manic

Sorry, but you are not going to change my mind and I doubt the minds of any ccbill or paycom webmasters here. We all know what the 750 fee is about and of course it does not offer extra security. Im very happy with where I am at and will not leave. If I go anywhere, it will be to my own merchant account.

I also take issue with many of the sites that Vertol has seen themself clear to process for. I'm not going to give my money to a company that would support sites that feature models under the age of 18.

.02

you do realize that ccBill used to process for underage model sites as well, that isn't a badge that only Verotel carries around in its past..

BV · 03-21-2005, 08:50 PM

Quote:

Originally Posted by rowan

It costs a mere $USD12.50 to wire payments, if they shut down suddenly then you lose 2 weeks worth of transactions.

UH , I think you are forgetting about the rebills..

jawanda · 03-21-2005, 08:50 PM

Quote:

Originally Posted by Shooting_Manic

I also take issue with many of the sites that Vertol has seen themself clear to process for. I'm not going to give my money to a company that would support sites that feature models under the age of 18.

.02

They did away with all of those sites at the end of 2004, I believe.

-P

Zprogramz · 03-21-2005, 08:53 PM

Quote:

Originally Posted by Tat2Jr

Paycom since '98 (Oh, excuse me - Epoch). CCBill since '04. Been very happy. Next step is my own merchant account.

IMO having your own merchant account is really the best way to go and Netbilling is really the best company to manage it with.

Z

Shooting_Manic · 03-21-2005, 08:53 PM

Quote:

Originally Posted by rowan

If you were pushing that many transactions you wouldn't/shouldn't be using a single processor anyway.

I dont.

Quote:

you do realize that ccBill used to process for underage model sites as well, that isn't a badge that only Verotel carries around in its past..

chupacabra, yes I am aware ccbill used to process for that. On Nov 15 2002 CCbill made a clear business decision to stop processing for sites that feature underage models. Verotel continues to do so. If they have changed that, it's been in the recent past.

I'm not bashing them at all. They have a market and they have done a good job, but it's just not for me.

Webby · 03-21-2005, 08:55 PM

Quote:

Originally Posted by Shooting_Manic

Sorry, but you are not going to change my mind and I doubt the minds of any ccbill or paycom webmasters here. We all know what the 750 fee is about and of course it does not offer extra security. Im very happy with where I am at and will not leave. If I go anywhere, it will be to my own merchant account.

I also take issue with many of the sites that Vertol has seen themself clear to process for. I'm not going to give my money to a company that would support sites that feature models under the age of 18.

.02

I sure am not interested in changing your mind! :-) It was more to do with security of funds than anything and I'm not speaking on behalf of Verotel or any third party processor.

Gotta agree.. probably the better step forward is with a merchant account!

chupacabra · 03-21-2005, 08:55 PM

Quote:

Originally Posted by Shooting_Manic

I dont.

chupacabra, yes I am aware ccbill used to process for that. On Nov 15 2002 CCbill made a clear business decision to stop processing for sites that feature underage models. Verotel continues to do so.

I'm not bashing them at all. They have a market and they have done a good job, but it's just not for me.

unless something has changed in the last month, they definitely are not still processing for such sites, owners of said sites were here on GFY raising hell when they all got shit-canned at once..

jawanda · 03-21-2005, 09:03 PM

I'm not trying to promote Verotel here, especially not saying that they are better than any other processor, just pointing out how well they've done (seemingly) against so many odds.

-P

Shooting_Manic · 03-21-2005, 09:03 PM

Quote:

Originally Posted by chupacabra

unless something has changed in the last month, they definitely are not still processing for such sites, owners of said sites were here on GFY raising hell when they all got shit-canned at once..

That would be good to hear!

BIGTYMER · 03-21-2005, 09:06 PM

They rock!

Nader · 03-21-2005, 09:06 PM

I opened an account with then and they rejected me because we
where opening a affiliate program. Thank god they closed my account
in the beginning.

Zprogramz · 03-21-2005, 09:20 PM

Quote:

Originally Posted by NichePay_Nader

I opened an account with then and they rejected me because we
where opening a affiliate program. Thank god they closed my account
in the beginning.

They don't allow affiliate programs? They must have mostly pretty small webmasters then.

Z

tony286 · 03-21-2005, 09:27 PM

Quote:

Originally Posted by Webby

Amsterdam is "offshore"? :-) It may be offshore from the US if that is what is mean't, but certainly is not an offshore company in the true sense.

But they are governed by the laws of Holland and can be sued easily.

Sure.. they should have escrow or other security in place. Oddly a few EU processors have an escrow service in place. But so far, I've never seen one in the US that has this security.

sued easily you know a dutch lawyer lol

jawanda · 03-21-2005, 09:27 PM

Quote:

Originally Posted by Zprogramz

They don't allow affiliate programs? They must have mostly pretty small webmasters then.

Z

They do have an affiliate system, but it's pretty rudimentary in some ways.

Don't know why they would reject you on those grounds.

rowan · 03-21-2005, 10:08 PM

Quote:

Originally Posted by BV

UH , I think you are forgetting about the rebills..

I was talking about minimising the direct losses of a sudden cessation of services. If the processor has lost their merchant account or has gone out of business then they won't be processing rebills anyway.

BV · 03-21-2005, 10:58 PM

Quote:

Originally Posted by rowan

If the processor has lost their merchant account or has gone out of business then they won't be processing rebills anyway.

Exactly my point.

Loosing all your rebills is a much bigger hit IMO that 2 weeks of transactions.

spooky181 · 03-21-2005, 11:41 PM

They have been brilliant for us ever since we moved from CCbill. They convert so many more sales than them, and that's all that matters to me...

xclusive · 03-22-2005, 02:09 AM

Glad to see them make it...

reynold · 03-22-2005, 02:16 AM

Sig placement.

PHPdude · 03-22-2005, 03:05 AM

I am hapy for them. Best of luck!

solonline · 03-22-2005, 03:15 AM

we using verotel on some of our sites and have been great! For EU Webmasters rock as we can now bill in multi currencies - the dollar has fucking crippled us this past year and its good to bill joe user in pounds or euros - and from what I see they have cleaned the house so to speak.

V_RocKs · 03-22-2005, 04:16 AM

Quote:

Originally Posted by chupacabra

you do realize that ccBill used to process for underage model sites as well, that isn't a badge that only Verotel carries around in its past..

Verotel stopped processing for them at the same time or about the same time CCBILL did... neither processes for them and I do believe that Verotel locked the accounts of the affiliates and the sites themselves (keeping the money for 6 months).

But.. the kudos goes to Visa, not the processors.. VISA is the one that told them to knock it off or they can't process VISA cards anymore.

Verotel · 03-23-2005, 08:36 AM

Quote:

Originally Posted by Shooting_Manic

chupacabra, yes I am aware ccbill used to process for that. On Nov 15 2002 CCbill made a clear business decision to stop processing for sites that feature underage models. Verotel continues to do so. If they have changed that, it's been in the recent past.

I'm not bashing them at all. They have a market and they have done a good job, but it's just not for me.

Well, let's clarify something here, CCBill stopped billing for "teen model sites" on Nov 15, 2002 which was exactly the time that Visa/MC came town and hammered CCBill and iBill with the new IPSP regs (I know because I had just started working for Verotel a month earlier and we were jumping for joy because so many iBill and CCBill webmasters were moving over) and then all those sites moved over to GloBill, WebsiteBilling and Globosale until they ended up getting kicked off the porch, at which time they all moved over to Verotel. And btw, Verotel stopped billing for those sites also when the IPSP regs came to Europe in March 2004 - not so recent past.

Given the history, it may be a bit presumptuous to call it a "clear business decision" which implies that CCBill stopped processing for those types of sites on their own accord. I'm not bashing CCBill or anything just trying to paint a clearer picture as to what most likely prompted that clear business decision.

jawanda · 03-23-2005, 11:13 AM

Quote:

Originally Posted by Verotel

Well, let's clarify something here, CCBill stopped billing for "teen model sites" on Nov 15, 2002 which was exactly the time that Visa/MC came town and hammered CCBill and iBill with the new IPSP regs (I know because I had just started working for Verotel a month earlier and we were jumping for joy because so many iBill and CCBill webmasters were moving over) and then all those sites moved over to GloBill, WebsiteBilling and Globosale until they ended up getting kicked off the porch, at which time they all moved over to Verotel. And btw, Verotel stopped billing for those sites also when the IPSP regs came to Europe in March 2004 - not so recent past.

Given the history, it may be a bit presumptuous to call it a "clear business decision" which implies that CCBill stopped processing for those types of sites on their own accord. I'm not bashing CCBill or anything just trying to paint a clearer picture as to what most likely prompted that clear business decision.

So, what you're saying is that CCBill, Ibill, Verotel, you guys all would have kept processing undersage modeling sites if you could ... but Visa laid the smack down.

lol shit.

-P

Thee Johnclave · 03-23-2005, 12:24 PM

Quote:

Originally Posted by Verotel

Well, let's clarify something here, CCBill stopped billing for "teen model sites" on Nov 15, 2002 which was exactly the time that Visa/MC came town and hammered CCBill and iBill with the new IPSP regs (I know because I had just started working for Verotel a month earlier and we were jumping for joy because so many iBill and CCBill webmasters were moving over) and then all those sites moved over to GloBill, WebsiteBilling and Globosale until they ended up getting kicked off the porch, at which time they all moved over to Verotel. And btw, Verotel stopped billing for those sites also when the IPSP regs came to Europe in March 2004 - not so recent past.

Given the history, it may be a bit presumptuous to call it a "clear business decision" which implies that CCBill stopped processing for those types of sites on their own accord. I'm not bashing CCBill or anything just trying to paint a clearer picture as to what most likely prompted that clear business decision.

And some processors never made that deal with the devil. Congrats on what prompted YOUR clear business decision.

John

RyuLion · 03-28-2005, 12:08 PM

Quote:

Originally Posted by Verotel

Well, let's clarify something here, CCBill stopped billing for "teen model sites" on Nov 15, 2002 which was exactly the time that Visa/MC came town and hammered CCBill and iBill with the new IPSP regs (I know because I had just started working for Verotel a month earlier and we were jumping for joy because so many iBill and CCBill webmasters were moving over) and then all those sites moved over to GloBill, WebsiteBilling and Globosale until they ended up getting kicked off the porch, at which time they all moved over to Verotel. And btw, Verotel stopped billing for those sites also when the IPSP regs came to Europe in March 2004 - not so recent past.

Given the history, it may be a bit presumptuous to call it a "clear business decision" which implies that CCBill stopped processing for those types of sites on their own accord. I'm not bashing CCBill or anything just trying to paint a clearer picture as to what most likely prompted that clear business decision.

This is good news, we're going to signup with you next.

Rui · 03-28-2005, 12:32 PM

Quote:

Originally Posted by Shooting_Manic

Just makes me nervous about companies holding my money that are off shore. At least with the U.S companies, I can show up on their doorstep and/or sue if needed.

^^ naive reasoning to say the least...

Webby · 03-28-2005, 12:40 PM

Quote:

Originally Posted by tony404

sued easily you know a dutch lawyer lol

Yes, I know two - you want one?

Basically court action in the EU.. in *almost* any country (there are exceptions!) is far easier than dealing with, eg iBill in Florida.

There are also orgs and oversight authorities who are interested in intervening in instances of the conduct of their members - and don't stand for the shit saga that occurred with people like iBill.

iBill had no "org" or oversight authority - it's like trading in the wild west.

03-21-2005, 03:52 PM	#1
jawanda Confirmed User Join Date: Feb 2003 Posts: 6,040	Verotel: Not just surviving, but THRIVING? I've heard a lot of negative talk about Verotel on GFY over the years, much of it for good reason. But after all this time and the downfall of many other big processors, Verotel is still up and kicking, and coming up with new features / upgrades all the time. Have to say I'm very impressed and hope they keep it up for years to come. -P

03-21-2005, 03:53 PM	#2
BVF Black Vagina Finder Join Date: Jan 2002 Location: The Midwest Posts: 13,975	I gotta give it to them. I didn't think they would last. __________________ Black Pussy Click On Mr Cosby..CCbill, 60/40, 136 FHG's....The Cos Loves Black Ghetto Pussy!!

03-21-2005, 04:17 PM	#4
Shooting_Manic Too lazy to set a custom title Join Date: Jan 2005 Location: NY Posts: 1,740	Just makes me nervous about companies holding my money that are off shore. At least with the U.S companies, I can show up on their doorstep and/or sue if needed. __________________ 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. Last edited by Shooting_Manic; 03-21-2005 at 04:19 PM..

03-21-2005, 04:18 PM	#5
Kevin2 Confirmed User Join Date: May 2003 Location: Australia Posts: 1,429	We have been using Verotel on one of our sites for about 2 years now and have never had a problem with support or payouts. __________________ Webmasters Trade Traffic!!!

03-21-2005, 05:43 PM	#10
Tat2Jr Confirmed User Join Date: Feb 2001 Location: Sunny California Posts: 4,882	Paycom since '98 (Oh, excuse me - Epoch). CCBill since '04. Been very happy. Next step is my own merchant account. __________________ NICHE MONEY >> Ass Worship • Panties • Solo Teen • Pantyhose Serving up exclusive fetish sites since 1997!

03-21-2005, 04:37 PM	#6
jawanda Confirmed User Join Date: Feb 2003 Posts: 6,040	been hearing comments like that a lot lately. The fact that they keep adding new features / billing options gives me a bit of comfort as well.

03-21-2005, 06:21 PM	#11
Shoplifter Richest man in Babylon Industry Role: Join Date: Jan 2002 Location: Posts: 10,002 Posts: 5,725	We have used Verotel since 2002 with no issues whatsoever. The new currency selection features rock.

03-21-2005, 07:34 PM	#16
chupacabra Confirmed User Join Date: Sep 2002 Posts: 3,626	i said over a year ago that i thought it very possible that "Verotel could be the last one standing...", and lots of people laughed. heh, as the noose tightens here w/in the US i don't see as many people laughing now..

03-21-2005, 09:03 PM	#30
jawanda Confirmed User Join Date: Feb 2003 Posts: 6,040	I'm not trying to promote Verotel here, especially not saying that they are better than any other processor, just pointing out how well they've done (seemingly) against so many odds. -P

03-21-2005, 09:06 PM	#32
BIGTYMER Junior Achiever Industry Role: Join Date: Nov 2004 Location: Walled Garden Posts: 17,066	They rock!

03-21-2005, 09:06 PM	#33
Nader Confirmed User Industry Role: Join Date: Dec 2003 Location: Los Angeles, Ca Posts: 5,086	I opened an account with then and they rejected me because we where opening a affiliate program. Thank god they closed my account in the beginning.

03-21-2005, 11:41 PM	#39
spooky181 Confirmed User Join Date: Jul 2003 Location: back of beyond Posts: 2,951	They have been brilliant for us ever since we moved from CCbill. They convert so many more sales than them, and that's all that matters to me...

03-22-2005, 02:09 AM	#40
xclusive Too lazy to set a custom title Join Date: Apr 2004 Location: Buffalo, NY Posts: 35,218	Glad to see them make it... __________________ I support MediumPimpin.com / Shemp's Outlawtgp.com /

03-22-2005, 02:16 AM	#41
reynold Too lazy to set a custom title Join Date: Oct 2002 Location: Global Traveler Posts: 51,271	Sig placement.

03-22-2005, 03:05 AM	#42
PHPdude Confirmed User Join Date: Aug 2004 Posts: 1,164	I am hapy for them. Best of luck! __________________ 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.

03-22-2005, 03:15 AM	#43
solonline Confirmed User Join Date: Jan 2003 Location: EU- Posts: 718	we using verotel on some of our sites and have been great! For EU Webmasters rock as we can now bill in multi currencies - the dollar has fucking crippled us this past year and its good to bill joe user in pounds or euros - and from what I see they have cleaned the house so to speak.