CCBill and Banking
 

Check out this article from Transaction World Magazine. Seems there is a chance that Merrick Bank might be getting out of the acquiring business. It is my understanding that CCBill uses Merrick Bank. Does this also mean big fines coming our way because CCBill uses Merrick? How would this impact us webmasters using CCBill? Should we be concerned?

http://www.transactionworld.com/arti...coverstory.asp

Hmmmmm interesting


bump so we can get more attention to this.

Yes of course you should be concerned. :2 cents:

Would we all have to use Ibill then?

The irony in that question is that it is widely rumored that John Perry will be the guy running PayByTouch. He was the CEO of iBill after Intercept purchased them. Perry was the guy that hated adult and decided to move iBill away from adult. He is now running CardSystems. Unbelievable...

:1orglaugh :1orglaugh :1orglaugh

hmmmmmmm

I would not worry

Merchant account time.

Im shir CCBill is aware of this and is prolly in the mist of working something out. I wouldnt worry too much. There is no way CCBill would leave ppl hanging. I have trust in them ;)

Don't be so sure. This may be out of their control.

ccbill response?

It would still be nice to see a response from them on this. CCBill rocks, but hopefully, they will respond to this thread.

yes I agree 100% :thumbsup lol

Nothing stays the same eh? :winkwink: Biz is in a constant flux and it's a matter of working thru it.

CCBill have done well over the years and I'm sure they will continue to do so in some form or other, despite external influences.

Serious webmasters who need "cash registers" should have backup contingency plans in place anyways, either in the form of secondary processors and/or with a totally different corporate "personna" in other jurisdictions.

i'm too curious. this is very interesting topic... bump for answers... ;)

the cold shower news

Things that make you go hmmm

CCBill response?

We have a merchant acohahahaha at Merrick among other banks. I hope this does not mean trouble.

if this is the only source for it, I dont worry

Im sure CCBill will remain strong...

if you do want a direct merchant account...

I know somewhere you can get those... :)

So no response from CCbill yet?

If you want a response from CCBill send the url to this thread to someone from CCBill. I know I have several of them on my list. But to be honest I'm not concerned enough to message them.

another bump for us webmaster fucks :)

I contacted Merrick and my account is in good standing as of now. I do not know about others though.

i quited using ccbill... :(

why? they rock


http://xs60.xs.to/pics/05512/ccbillstats.JPG

you gotta promote the right stuff on it, like FTVCash

why should they respond to a rumour? everything is fine, dont worry

That is what everyone said about Ibill when they were not responding to posts. CCbill is an excellent company but they should certainly respond.

well, but ibill wasnt reponding to anything, even my emails, since their beginning LOL

CCBILL usually responds. Maybe not right away, but they respond.

BUMP

Let's keep his one on top instead of "would you hit it"-bullshit

ouchie 456

Once again, I'm amazed at how people believe if you read it on the internet it must be true...

I skimmed this article and there are certainly a few less than clear points in it, and some of the history and commentary are skewed, to say the least.

I have no doubt that CCBill will continue to be just fine, as will Paycom. Both of these processors are run by very smart teams and they spend inordinate amounts of time and energy on making sure their long term business plans are strategically sound and workable over that same long term.

Anyone that actually knows the history of Card Systems, Pay By Touch, and a couple of the other companies mentioned in this article will understand exactly what I mean.

There's always some kind of emergency in the porn biz every year. I don't know if this is gonna be 2006's though.

After 5 years I'm starting to notice a trend here...

CCBill is solid.

PSGuru

This article has NOTHING to do with CCbill or Its Banking. I reached out to Merrick Bank to find out what this article was about. If you remember back in 2001 when and few Adult Processors (GloBill etc..) Did not think they would have to register as an IPSP and have everyone pay a registration fee. Well we all saw what happened to them. Visa fined them and shut them down. This was the exact case with an individual ISO who wanted to go out and aggregate a whole bunch of small iso under him so they did not have to pay the 10K registration fee each to Visa. Well Visa and Mastercard fined them and told the bank to get rid of his company. This ISO lost his business just like Globill did and is now running around telling anyone who will listen that Merrick is getting out of Acquiring. When the truth is they are just getting rid of him.
I just amazes me how people will never learn that you can?t go around Visa and Mastercards rules.

I can tell you that our bankers had there Year end meeting with Visa just last week and they praised our account and told them they were extremely happy with our business.

Happy Holidays and See everyone in LV in a few weeks

Ron Cadwell
CEO
____________
CCbill.com
Cavecreek.com
DRMnetworks.com

Very nice :thumbsup :thumbsup :thumbsup

Hey Ron is there an e-mail address where I can reach you. I would like to discuss something.

:thumbsup

Ronc at ccbill

I love CCbill :)

Nice to see such a quick response Ron...

Are you being fesitious?

Ron, thanks for clearing all the rumors up...once again kudos!

:thumbsup