Originally Posted by A.Martin (Post 973393)

Thank you very much for your opinion on our corporate strategy. I can assure that Glo-Bill is NOT misinformed about anything. We have across-the-board approval for our way of doing business under the current regime.

We will not divulge the full details on our strategies for obvious reasons. We will say that we saw the writiing on the wall many months ago and started taking proactive measures since then to protect our clients' businesses to the best of our ability. The bottom line: it is business as usual at Glo-Bill, meaning:

- No set-up fees
- No monthly or annual fees
- No reporting of your private information to any outside entity
- Websites from foreign countries welcome as always without special requirements
- No Big Brother style registration forms and no scrutiny of your website by other entities

Originally Posted by seven (Post 2083435)

GloBill.com ("GloBill") has ceased processing. The reasons will be explained in a settlement and explanatory package that will be sent to GloBill webmasters that follow the directions set forth below. All webmasters are strongly encouraged to participate in the process.


*** Please do NOT attempt to cash any checks that you currently hold for GloBill payouts because these checks will be returned NSF ***

Originally Posted by pornguy (Post 15209487)

Maybe they plan to eat it for a time to help get new accounts?

Originally Posted by CyberAgeGary (Post 15209600)

I don't think they are based in the U.S.. That's all.

Originally Posted by Rand (Post 13886752)

If you have a US-based program, it is a violation of VISA's cross-border acquiring rules to process VISA transactions with a non-US third party processor. Yet, our clients have told us that some processors are asking them to do just that.

This is a serious matter. If you are caught with a cross-border violation you could be added to a list of merchants banned from accepting VISA or MasterCard, which would essentially mean the end of your business. Stay informed. For more on this subject, you can read what Jeff Sachs, Senior Vice President of VISA International's Global Acceptance Group, has to say about cross border acquiring at http://www.transactionworld.com/arti.../marketing.asp.

Originally Posted by count of monte cristo (Post 15209625)

how do you explain what epochs saying?

Originally Posted by CyberAgeGary (Post 15209600)

I don't think they are based in the U.S.. That's all.

Originally Posted by count of monte cristo (Post 15209625)

how do you explain what epochs saying?

Originally Posted by count of monte cristo (Post 15209221)

i dont think there have been any processors that have acccepted US adult accounts and are still in biz. globill, pswbilling, egs pay, probilling are examples where people trusted them and lost a lot of $$$

so 2 questions, do you accept US customers and what us bank are you using that can take these while others cant without the $750 fee.

want to make sure you are charging 4.9% and not 100% after 4 months :)

Originally Posted by TisMe (Post 15209807)

They're not the first and have stated that they have made arrangements with their acquiring bank (s) to eat the fees themselves.

Originally Posted by Zombaio_Tomas (Post 15206678)

It's the acquirer that charge the fees from the IPSP to cover the cost for adding the site to G2 monitoring programs (scan for child abuse etc). If the business case with the IPSP or Merchant is good enough for the acquirer, they can choose to not charge the fee.

Zombaio does NOT charge this fee.

Originally Posted by BlueDude (Post 15209958)

I don't think Verotel charge this $750 fees. Verotel had been in the biz a long time. It's unfortunately they don't have NATS.

Zombaio, seem to be very aggressive in pricing their fees, which I think could force others like CCBill and Epoch to lower their fees. If Zombaio is successful in signing up webmaster to use their processor, I think processing fees will drop dramatically for the industry as a whole.