Visa/Mastercard
 

Globill, Dutchbilling, ACPay inside one week. If we're not seeing predatory and unfar use of market power by the card associations then what are we seeing ?

Visa and Mastercard are virtulally essential to living in modern western society, this means that regulatory authorities have an obligation to ensure fair and equal access to them.

Is it time to start whinging to the FTC in the USA or ACCC in Australia about this ?

No its time to do what I'm saying in my other post thread. We need our OWN system. Fuck reliance on Visa and Mastercard.

Agreed.

Or debit cards worldwide.

KRL, I agree entirely. I have an idea I think could work, if you want to employ me and give me a couple of programmers, good web developer and some sales people and offices, I'll have it turning over millions within a year :)

logical to the bone!

totaly agree... can't wait to happen

??? debit cards are affected by the same VISA/MC rules as credit cards

Yep,
Must be something like global PayPal where people can deposit cash , checks and ACH not CC ( no chbcks - no problem ) .
But you must have a bank and bazzilions of $$$ to do it .
You can contact me for ideas , I'm the thinker
:glugglug

so basically an adult version of firepay

The thing is, people have to get their hands on some kind of internet payment system for porn which is totally seperate from the big boys.

Bad thing is, new surfers will not get this tool. "Mr Buyer" is used to internet transaction and probably will. As for The newbie well he feels very "unsafe".

We are having troubles making them buy stuff over the net with VISA/MASTER

Now imagine if they need to get something else which they DON'T already got in their wallets.

Fuck.........:2 cents:

It would be a big mistake to start a new payment system and limit it to porn.

I curious on why you say that OzMedia?

Damm Visa Rules

If there are serious people planning an independant billing system that would be backed by some big guys from the industry, you may count on me. I have lots of software development know-how plus some money to invest.

Me too!

Can invest also if needed

I'm loseing so much business by not haveing visa. They don't offer it to Canadian porn webmasters. Does anyone know of a solution?

It would be a mistake to build a new payment system and limit it to porn?

Sure - we can all envision Wal-Mart selling a card to visit adult web sites. Or hey, Amazon, we got this new payment card over here and we can use it to buy a book or jerk off. You interested?

I very much like the <A Href="http://www.paysafecard.com/en/">PaySafeCard</A> system which is also attractive to sufers. No reblings though.

And of course -- like all alternative systems -- it laks support & footprint. Something our industry would be able to change within days.

Sorry to burst your bubble but, I don't see how you can receive payment for anything without Visa/MC.

Consumers aren't going to trust a payment system built by the porn industry.

They don't really trust the porn industry as it is.

This is great mental masturbation, but that's all.

Unfortunately I am afraid that in less than a year from now this will be the only way to survive. Apparently the CC companies have agreed to kill us.

And yes, I got my own Visa merchant acct. today; but I am pretty sure this just happened because Visa is a big multi-national corporation with very ineffective internal communication. It was a mistake, so to say.

Nothing beats cash. We need porno vending machines right next to every Coke and Twinkie machine.

jenny, i think your being over pessimistic here to be honest... the latest happenings don't really come as to much of a surprise to me (and many others here on the fora i assume from past discussions), all of the billing outfits that attempted to curcumvent VISA's decree about cross-border acquisition and regional merchant localization are all being dealt w/ and driven out of business wholesale... these guys knew the rules and made the decision to conduct their business in violation, and took a lot of hardworiking webmasters w/ them in the process. i personally think that most of these failed processors knew that they were running on borrowed time, but were hell-bent on accumulating one last good haul of funds, and the webmasters who they made money off of be damned.

i know that being a non-US outfit is becoming more and more difficult in these times, but biting the proverbial bullet and incorporating in the US so you can make use of the solid processor offerings (ccBill for sure) would really make your life less stressful... it is nice to sleep w/out such worries.

the industry is being changed forcedly for sure though, it is looking more and more like to continue doing business everyone will have to think very carefully about who they choose to throw their lot in w/, and how they conduct their business..

The reason that I think it would be a mistake to limit a new payment system to porn rests on a few points.

1. If you want to link your system to other services to facilitate payments (either deposits by customers or payments to webmasters) you are more likely to gain positive alliances if you are seen as a universal payment service.

2. Similarly to (1) if the system were seen as universal it would be less open to being targeted by regulation.

3. For a new payments system to work it needs to be as widespread as possible. While the porn industry is big, it is only a small part of overall commerce. You need as many people to use the new system for as many things as possble.

From previous posts I understand you not only need a U.S. corporation but also an SSN to get a U.S. merchant account.

hi jenny... mmm, i wasn't referring to US-incorporation for acquiring a merchant account though, just so you could take advantage of the third-party processors that are stable here in the states. i know theres been many threads here on GFY pertaining to europeans incorporating w/in the US so they could get valid accounts w/ the US ISPS (ccBill for us)..