Zombaio Announcement
 

Seems change is a coming. :winkwink:

That's no good...

whoa
 

I would think that having that reserve IS good.

I'm already used to it between year with Verotel, and my own merchant account.

I honestly thought this was going to be the Zombaio announcement about them no longer paying the $750.00 VISA fee. They had hinted that would be going away soon.
:Oh crap

I hope they start allowing eu direct debits asap, would more than make up for 5 percent

I wonder if Mastercard has any other changes in store for wallet / debt card companies.

Add it from Webbilling at no additional costs to you...:thumbsup

Off topic, but Zombaio missed a payment due on the 22nd of this month. I emailed and they said that payments were running late due to holidays. This is a wire payment, not sure how late they can run... but 6 days seems pretty unlikely.

The amount wasn't substantial, but the fact that they're starting to miss payments makes me nervous. I may be opening up a CCBill account again...

Hmm... so does that mean they'd be reserving 5% of just MC charges, or 5% of all charges for anyone that accepts MC?

Sounds more like they are rolling with the changes.

Yeah i ve heard the same thing lately... in the past few days

looks like they havent sent a wire out since the 22th

Europeans Billing Europe!
 

Thanks, Jimmy!

No set-up fees or EU entity or bank account requirements to add the Webbilling.com non-card solutions - we pretty much complement any other processor you are using - happy to meet with you in Vegas and go into detail :thumbsup

http://www.adultweblife.com/JoeD/ima...e Biller 2.jpg

was due a wire on 27th, said payout cleared but still no sign

money is falling down

Same here. I hope its just a holiday delay.

Zombaio has been doing prety good for me, saw the memo, only 5%.

could be worse, 5% isn't that bad..

Did anyone get the 12/27 wire?

Here's what they told me when I asked about a payment due on the 22nd

"We had some technical issues with the file uploading to our bank, usually this isn't a problem but with the holidays it caused a delay.

We apologize for any inconvenience this may have caused, you should receive this wire later this week or at the latest in the beginning of next week."

how I understand it they also raised the low volume processing fee to 8.9%

So in a week they jumped from 4.9% to 8.9% + 5% reserve... thats a big jump

Bait and switch tactic :Oh crap

Despite that the signed contract says 4.9%
This move does not look good.

correct they havent sent out any payouts since the 22th

That isn't cool... at all. That is total bullshit.

Weekly gross volume Rate (%)
0 - 1000 8.90 %
1000 - 25000 7.90 %
25000 - 50000 6.90 %
50000 - 75000 5.90 %
75000 - 100000 4.90 %
100000 - 150000 4.90 %
150000 - 200000 4.90 %
> 200000 4.90 %