Want to talk smack about Paycom? Lets clarify a real issue
 

We all know the source of these banking rumors directed at both Paycom and CCBIll. Desperate people say and do desperate things , unfortunately.

Lets explore another area of this rumor which I have been hearing...

That Paycom is going to have to start billing all of its VISA members through a virtual visa card billing model.

Does anyone here actually believe that the virtual visa card is a viable billing model for adult transactions in the eyes of VISA???

Do people truly believe that VISA is going to allow this? Considering all the hard work VISA put fourth to develop the HRIPSP program.

Do you think VISA is just going to sit around and allow an entity to process massive amounts of adult transactions outside of their HRIPSP program?

VISA is extremely happy with the results of the HRIPSP program and has no intention of getting rid of it. And they don't take to kindly to those who blatantly try to circumvent their work.

Open your eyes and think people.

Clay
EPOCH

thanks Clay. :thumbsup good info

Well I'm just happy to see both companies strongly deny the rumors. I for one about had a heart attack when I first heard them.

Good to know!

Its good when things are clear.

yea people need to stop tripping

What happens when people charge their debit card with their credit card ... buy porn and then claim fraud?

Of course, they chargeback the credit card transaction and we still ge fucked.

My eyes are open, pretty sure I know who started the rumors (but not 100% sure). :Graucho Also, sure a lot of people don't know.

If you know just out the asswipes, after all they DID try 2 screw paycom and ccbill.

I'm waiting :helpme

Word.

Good stuff on clearing the air for everyone here...


BTW hurry up and get into the Eu region already, Tons of people are wanting to process with epoch!!!!


the sooner the better!

We are moving as fast as we can

Thanks for the great post...:thumbsup

Good to hear :)

I like a company that is on TOP of their Game :thumbsup

I may be naive; but, the time to worry about a billing company is when the checks stop coming.

That's how it happened to us with sypro and website billing.

I just got my Paycom check yesterday (thanks, guys)
and I got my CCBill checks today (thanks, guys)

Let's all just get back to work.....it's been a rough week.

No billing company is going to come on the boards and tell you if they are in trouble. You'll know if they are, when you don't get your check. And, this is not said with any disrespect toward any company.

But, let's stop the rumour mills...until there is or unless there is actually some meat to it. He said/she said just doesn't count in banking.

paycom is top notch

when the rumor came from someone who supposedly a "longtime lurker, first time poster" I smelled bullshit.....

Paycom isn't going anywhere... I'm in the midst of setting up a few companies to process with them and they are on the ball. :thumbsup

No, no and no.

Visa is going to be pissed. My jaw dropped when I heard about IBill's planned solution to their problems. It's a piss-poor patch-up job at best.

Clay I'm glad you put a stop to this and cleared up the rumors.

thanks. i'll sleep better tonight

Clay-

What you say may be true. What are you guys going to do when Paymentech gets out of the adult biz?
Do you guys have anything in place??

See you in Vegas, bro

Good info :thumbsup

epoch processes credit cards?


wow, I thought they just threw conventions in the carribean.....

Epoch is the best :thumbsup

the rumors were getting a bit out of control; thank you for stating this info.

Maybe I'm missing something but isn't iBill's GKard the exact same thing as EPassporte?

not at all.

I must admit I never investigated Epassporte too deeply. What are the salient differences?

I love all these 2 post wonders

If our bank decides to get out one day then we will do the same thing we did when FDR notified us they were getting out....Move to another bank.

Clay
EPOCH

Remember Clay, we're dealing with adult webmasters here. The biggest group of conspiracy theorists outside of Art Bell's house. With all the news the A-s-h-c-r-o-f-t is retiring, they needed a new sky is falling topic. Thanks for the response nonetheless

I wouldn't necessarily say you were desperate but don't overlook your own actions in previous posts about some of the competition. I saw plenty of not so professional comments from epoch when the shit first hit the fan.

[QUOTE]Originally posted by Epoch
[B]We all know the source of these banking rumors directed at both Paycom and CCBIll. Desperate people say and do desperate things , unfortunately.


Wouldn't you say that a company that got dumped by their bank would say and do desparate things, unfortunately?

This is just a question and it is not meant to mean that your company received notice.

I'm one of them :thumbsup

Epoch/Paycom Rules! Thank you all for all the support:thumbsup

Bump for dispelled rumors:thumbsup

I'd say ePassporte is closer to Paypal than to GKard.

ePassporte is a peer2peer and business2peer payment service, amongst other things. GKard doesn't seem to have that capability.

The GKard concept is simply a weak fix to IBill's problems. Basically, IBill is planning on issuing all it's subscribers a virtual GKard. When it comes time for a membership fee to be charged, the customer's personal Visa will be charged to load the GKard. Then the GKard will be debited by Paypal.

This goes around the whole IPSP concept that Visa put in place two years ago (as Clay said). This means IBill doesn't have to worry about things like low chargeback allowances.

Simply said, Visa will not like the GKard concept.

good post

Great post...and info....true!!!

Epoch Rules!!!