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-   -   visa fee cleared up! (https://gfy.com/showthread.php?t=949626)

mmcfadden 01-21-2010 04:51 PM

visa fee cleared up!
 
Well not yet. Keep reading.

After 3 years now processing cc's with ccbill I still do not understand why I need to pay a visa fee again if I go with a secondary processor.

Does visa not recognize my company ein number and that the fee was paid already? 3 years ago this is how I understood it and explained to me.

Appreciate any technical responses reworded in lamens terms.

Playboy-Deak 01-21-2010 05:01 PM

I'm also finna get a secondary processor. My eye is on segpay...
What secondary processor youi going with that's charging an extra visa fee?

xenigo 01-21-2010 05:05 PM

Supposedly the "VISA fee" doesn't go to VISA to begin with. So that would basically answer your question. It goes to the IPSP.

mmcfadden 01-21-2010 05:08 PM

Quote:

Originally Posted by Playboy-Deak (Post 16770866)
I'm also finna get a secondary processor. My eye is on segpay...
What secondary processor youi going with that's charging an extra visa fee?

I'm thinking about netbilling. I researched several months ago and all of them wanted the visa fee again.

Zamboi claims to not have it at all but I went through the signup process and remember differently.

xenigo 01-21-2010 05:09 PM

Quote:

Originally Posted by mmcfadden (Post 16770889)
I'm thinking about netbilling. I researched several months ago and all of them wanted the visa fee again.

Zamboi claims to not have it at all but I went through the signup process and remember differently.

I process with them and I never paid the VISA fee. There's been no problems.

Press Release Pro 01-21-2010 05:10 PM

Quote:

Originally Posted by mmcfadden (Post 16770832)
Well not yet. Keep reading.

After 3 years now processing cc's with ccbill I still do not understand why I need to pay a visa fee again if I go with a secondary processor.

Does visa not recognize my company ein number and that the fee was paid already? 3 years ago this is how I understood it and explained to me.

Appreciate any technical responses reworded in lamens terms.

Our latest studies in regards to the visa fees have provided us with information showing that Visa charge you a fee to go with a secondary processor because they can.
Visa does recognize your ein number and is counting all the money you are paying.
Our most recent market research have shown that after your fourth fee, you may get a birth date card from them.

mmcfadden 01-21-2010 05:36 PM

Quote:

Originally Posted by xenigo (Post 16770879)
Supposedly the "VISA fee" doesn't go to VISA to begin with. So that would basically answer your question. It goes to the IPSP.

Where does it go? I'm on my phone and googling IPSP would take a really long time.

BV 01-21-2010 05:59 PM

Quote:

Originally Posted by mmcfadden (Post 16770971)
Where does it go? I'm on my phone and googling IPSP would take a really long time.

ipsp = ccbill, epoch etc etc

mmcfadden 01-21-2010 06:10 PM

Quote:

Originally Posted by BV (Post 16771050)
ipsp = ccbill, epoch etc etc

So its a processor fee masking visa as the reason?

Just want to understand where my money goes.

BV 01-21-2010 06:23 PM

Quote:

Originally Posted by mmcfadden (Post 16771100)
So its a processor fee masking visa as the reason?

Just want to understand where my money goes.

I have no idea exactly where the money goes, but I think the ipsp is required by VISA to have a "visa dept." checking stuff. And the fee finances this dept. And I think this is only for US based ipsp's.

I could be totally wrong, but this is what I have reasoned in my mind based on tidbits of information I have read over the past 6 or 7 years when all this shit started.

V_RocKs 01-21-2010 06:29 PM

23K bitches!

mmcfadden 01-21-2010 06:34 PM

From recollection when I was initiating a new processor the reason explained to me is that the site(s) had to be rechecked again because a new processor.

If that is the reason, why do I not pay a 750 dollar fee each time a new site is added? Doesn't visa have to check each site?

digitaldivas 01-21-2010 06:44 PM

Quote:

Originally Posted by V_RocKs (Post 16771180)

Congrats V :thumbsup

xenigo 01-21-2010 07:00 PM

Quote:

Originally Posted by BV (Post 16771164)
I have no idea exactly where the money goes, but I think the ipsp is required by VISA to have a "visa dept." checking stuff. And the fee finances this dept. And I think this is only for US based ipsp's.

I could be totally wrong, but this is what I have reasoned in my mind based on tidbits of information I have read over the past 6 or 7 years when all this shit started.

I find it kinda funny that the fee has always been negotiable, based on whether you're a serious webmaster or not.

That's why I'm sure it doesn't go to VISA.

mmcfadden 01-21-2010 07:11 PM

Quote:

Originally Posted by xenigo (Post 16771275)
I find it kinda funny that the fee has always been negotiable, based on whether you're a serious webmaster or not.

That's why I'm sure it doesn't go to VISA.

I've never been opted out of the fee. Not sure waht to think.

I process over 100k and below 1 mil, is there a serious button?

I seriously do not want to piss money... Can that happen?

12clicks 01-21-2010 07:25 PM

I wipe my ass with the visa fee.
How many years as a small time punk have you worried about the visa fee?

mmcfadden 01-21-2010 07:31 PM

Quote:

Originally Posted by 12clicks (Post 16771366)
I wipe my ass with the visa fee.
How many years as a small time punk have you worried about the visa fee?

Your toilet paper just broke. You have no idea what this thread is about

CPimp 01-21-2010 09:55 PM

Quote:

Originally Posted by mmcfadden (Post 16771382)
Your toilet paper just broke. You have no idea what this thread is about

That's fucking funny.

mmcfadden 01-22-2010 06:43 PM

I guess what makes the most sense is BV's reason.

The processor pays visa something and we are just under there umbrella.

So say 1000 site owners are paying 750 +/- the first year and now 500 +/- every year after. That is well over 1 mil a year in a fee (per processor) imposed supposedly by visa. Seems like a lot with these "hypothetical" numbers.

Someone in the know not working for a processor surely must have the answer to this question.

CyberHustler 01-22-2010 07:58 PM

You will get no real answers because you are not ready yet... In due time you will receive the knowledge you crave!

mmcfadden 01-22-2010 08:05 PM

Quote:

Originally Posted by CryBaby (Post 16775450)
You will get no real answers because you are not ready yet... In due time you will receive the knowledge you crave!

Ahhh... I think the answers will come in this thread shortly... Or not

Press Release Pro 01-22-2010 09:02 PM

Quote:

Originally Posted by mmcfadden (Post 16775242)
I guess what makes the most sense is BV's reason.

The processor pays visa something and we are just under there umbrella.

So say 1000 site owners are paying 750 +/- the first year and now 500 +/- every year after. That is well over 1 mil a year in a fee (per processor) imposed supposedly by visa. Seems like a lot with these "hypothetical" numbers.

Someone in the know not working for a processor surely must have the answer to this question.

What does not make sense?
It makes Visa money. Why is it is so hard to believe that they charge a fee to make more money ?

mmcfadden 01-22-2010 09:15 PM

Quote:

Originally Posted by Press Release Pro (Post 16775538)
What does not make sense?
It makes Visa money. Why is it is so hard to believe that they charge a fee to make more money ?

My op was about paying the same fee again with another processer.

So either my company is recognized by visa for paying the fee or it is not. If the later, then it is grouped under the processor who is collecting it.

Either way, I want to know where my money goes because every processor states it is a visa fee and I, quite frankly, don't think it is.

Press Release Pro 01-22-2010 09:34 PM

Quote:

Originally Posted by mmcfadden (Post 16775559)
My op was about paying the same fee again with another processer.

So either my company is recognized by visa for paying the fee or it is not. If the later, then it is grouped under the processor who is collecting it.

Either way, I want to know where my money goes because every processor states it is a visa fee and I, quite frankly, don't think it is.

You say you can't understand why you should pay the same fee again, I just answered you. Because it makes them money.

If you create more work by creating 2 accounts, why shouldn't you pay twice ?

Barefootsies 01-23-2010 01:20 AM

Quote:

Originally Posted by mmcfadden (Post 16770889)
Zamboi claims to not have it at all but I went through the signup process and remember differently.

First, that is Zombaio.

Second, your 'recollection' would be incorrect.

:2 cents:


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