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-   -   I'm taking legal action against myVirtualCard/Paymonde. Who wants in? (https://gfy.com/showthread.php?t=677240)

Webby 11-15-2006 09:47 PM

Quote:

Originally Posted by csturbo (Post 11324315)
Anyone know why Paymonde went out of business? Is it because of chargebacks?

Allegedly because processing was removed - no further explanation has been offered - so assume there is good reason.

csturbo 11-15-2006 10:04 PM

Wow.. I was going to signup with paymonde or myvirtualcard. Strange why they have two names? Good job my project delayed otherwise my ass may have gotten burn like yours. Good lucky

Webby 11-15-2006 10:14 PM

Quote:

Originally Posted by csturbo (Post 11324500)
Wow.. I was going to signup with paymonde or myvirtualcard. Strange why they have two names? Good job my project delayed otherwise my ass may have gotten burn like yours. Good lucky

Prob just as well you never touched them :) You'd be signing up, not with a company, but a "brand" known as Paymonde.

Never knew brands could enter into contracts, but hey, ya learn something new every day. Today I learned that if your name is Howard Cohen, any old name you can think of can enter into contracts with clients :pimp

Miura 11-16-2006 01:34 PM

Many webmasters are contacting me every day. Solidarity is a good thing and will give us way more credibility when it comes to get authorities to act, especially considering the amounts now invloved. Don't listen to the critics, just join us and lets all work together on this, even if we are competitors in this biz.

Many times before in history, small businesses have joined forces and pressured the gvmt or important conglomerates to cave in. Paymonde has to come clean or we will need to get justice served.

I will not yet accuse paymonde of any criminal intent. People don't become criminals overnight and these guys have been honest for nearly 3 years. They need to pull out with class and not by ignoring us. They lost their merchant and screwed up on how to manage the situation. They did some HUGE mistakes here but they can catch up and work this out with us. In fact, they are still making a BIG one; continuing the customer rebills, probably not to lose their Visa account and keep the money rolling in for as long as possible (just a wild guess) and it should stop right now. if you are still processing, you are still getting paid by the bank so we should be getting those funds and not an offshore bank account or a funds2go trustfund.

I will keep you all updated via e-mail. Can't post what we have been doing on the board.

The CEO/Owner/Associates/Whatever are not on the run. Waiting 6 or 7 months for our funds isn't a problem (at least for me) but you (the managers) need to come clean and talk to us. An Xbiz interview just won't do it. We need to keep contact, have a link to you, get informed on a timely and regular basis on the outcome with the banks... This would calm everybody down and help settle everything in an appropriate manner.

I'd appreciate it if Howard Cohen would get in touch with me. You know who I am and how to reach me. Thank you.

bellybuttonlint 11-16-2006 01:48 PM

pass an email address so we all can contribute.

im fucked 15 grand for november, 54 grand october, 27 grand for september

XXXWriterDude 11-16-2006 02:03 PM

Quote:

Originally Posted by Miura (Post 11318616)
I don't think there is criminal intent on their behalf because its not their type but since they are not informing us I'd rather act now then feel sorry later.

I think they pulled down the site because of the chargebacks/cancellations. By doing so, merchants are sucking down their own holdback funds which are probably blocked by the bank for 6 months. I don't see how howard can run away with it since its not available and the total dollar amount would barely pay him one year's rent. Too little to risk so much jail time. The current processing amounts released represent only 50% of the holbacks so its little money. They need to come forward with a statement. In my world, silence is guilt.


At least someone here seem to be thinking logically.

Howard can't really run off with money he DOESN'T HAVE.

I think it's important to note that we're not dealing with hardened criminals here. It's not like Paymonde set out with the intent to rip people off.

The way some are going on about this, you'd think they'd planned this from the very start. Sheesh. If you ask me, I think that says a lot more about the people who are doing all the ranting and raving than it does about Paymonde.

Strange how people in this business are always so quick to jump to conclusions and assume the worst about every one. Honestly, what does that say about the rest of us???????

123Roman 11-16-2006 02:07 PM

Quote:

Originally Posted by XXXWriterDude (Post 11328969)
At least someone here seem to be thinking logically.

Howard can't really run off with money he DOESN'T HAVE.

I think it's important to note that we're not dealing with hardened criminals here. It's not like Paymonde set out with the intent to rip people off.

The way some are going on about this, you'd think they'd planned this from the very start. Sheesh. If you ask me, I think that says a lot more about the people who are doing all the ranting and raving than it does about Paymonde.

Strange how people in this business are always so quick to jump to conclusions and assume the worst about every one. Honestly, what does that say about the rest of us???????

ppl are sick of getting fucked in the ass by shaddy billings...these guys didnt say anything for weeks, while paymonde was collapsing...nobody from paymonde say shit ... just promises that everything fine....

and they continue to rebill, and funds2go still continues to operate....

bellybuttonlint 11-16-2006 02:09 PM

excuse me ..but...


IF YOUR PROCESSOR WENT DOWN, THE FIRST THINK YOU WOULD DO IS NOTIFY ALL YOUR MERCHANTS AND TELL THEM, NOT LOCK THEM OUT OF THEIR CONTROL PANELS.

AS OF THIS POST, I HAVE 7 REBILLS AND 10 NEW SUBSCRIPTIONS.

THEY ARE STILL ACCEPTING PAYMENTS AND REBILLING.

I AM AN AFFILAITE, AND MY RELATIVE WAS /IS THE MERCHANT. i still have access to my mvc control panel and im still getting rebills and sign ups.

why havent they notified their merchants?
there crooks!





Quote:

Originally Posted by XXXWriterDude (Post 11328969)
At least someone here seem to be thinking logically.

Howard can't really run off with money he DOESN'T HAVE.

I think it's important to note that we're not dealing with hardened criminals here. It's not like Paymonde set out with the intent to rip people off.

The way some are going on about this, you'd think they'd planned this from the very start. Sheesh. If you ask me, I think that says a lot more about the people who are doing all the ranting and raving than it does about Paymonde.

Strange how people in this business are always so quick to jump to conclusions and assume the worst about every one. Honestly, what does that say about the rest of us???????


XXXWriterDude 11-16-2006 02:14 PM

Quote:

Originally Posted by bellybuttonlint (Post 11329008)
excuse me ..but...


IF YOUR PROCESSOR WENT DOWN, THE FIRST THINK YOU WOULD DO IS NOTIFY ALL YOUR MERCHANTS AND TELL THEM, NOT LOCK THEM OUT OF THEIR CONTROL PANELS.

AS OF THIS POST, I HAVE 7 REBILLS AND 10 NEW SUBSCRIPTIONS.

THEY ARE STILL ACCEPTING PAYMENTS AND REBILLING.

I AM AN AFFILAITE, AND MY RELATIVE WAS /IS THE MERCHANT. i still have access to my mvc control panel and im still getting rebills and sign ups.

why havent they notified their merchants?
there crooks!


My theory is that they were trying to work something out with their bank before calling it quits. Sure, they weren't totally upfront about what was going on, but Bill Clinton didn't come clean about getting a blowjob at first either. People had to drag it out of him. He wasn't a crook; he was just embarrassed. Likewise, I'm sure that Howard was scrambling to figure out what to do to avoid closing down.

It's hard to admit failure. I'm sure--knowing Howard--that their intentions were good.

Miura 11-16-2006 03:13 PM

Quote:

Originally Posted by bellybuttonlint (Post 11328856)
pass an email address so we all can contribute.

im fucked 15 grand for november, 54 grand october, 27 grand for september

porn at pamporn dot com
My host is having dns issues so some mails have bounced. they are working on it (Affinity). Thanks.

Webby 11-16-2006 03:43 PM

Quote:

Originally Posted by XXXWriterDude (Post 11329040)
My theory is that they were trying to work something out with their bank before calling it quits. Sure, they weren't totally upfront about what was going on, but Bill Clinton didn't come clean about getting a blowjob at first either. People had to drag it out of him. He wasn't a crook; he was just embarrassed. Likewise, I'm sure that Howard was scrambling to figure out what to do to avoid closing down.

It's hard to admit failure. I'm sure--knowing Howard--that their intentions were good.

Cohen is not the President of the US Ken :winkwink: The ex-President's aim was not to get caught getting a blowjob. Cohen's aim was to earn a dollar while covering problems going back months.

Tho sure... admitting failure and timely communication comes from experience. Cohen did neither for a number of weeks and clearly had no contingency plan (also lack of experience).

Since declaring a closedown, rebills are still happening. Which is it? Can Cohen make up his mind whether he's still functioning or ceased trading?? If the latter, it's time to clean up, give full access to the data of his "valued clients" and appoint a liquidation administrator to secure all client funds and arrange distribution among the creditors.

Rhino22 11-16-2006 04:45 PM

Go get em boy :)

123Roman 11-19-2006 11:56 AM

Quote:

Originally Posted by Rhino22 (Post 11330027)
Go get em boy :)

bump bump bump, sir :pimp

kscans 11-19-2006 11:59 AM

Rebill clients at Paymonde !
 
Rebill clients at Paymonde !

--------------------------------------------------------------------------------

hi guys,

some thoughts about this situation at paymonde.
I think the biggest loss is our rebill clients and of course the amount over 20k what paymonde owes us now.

that was simple not fair from paymonde to turn off our admin area.

We didnt even had the possibility to cancel all our clients there and move them over for example to ccbill.

If we send right now an email to all paymonde clients how can we explain them how and where they are able to cabcel their memberships?All of them will ask if their memberships was cancelled before they would sign up at a new processor for our sites again.

Do you have any suggestions how we could handle this for our existing and rebill paymonde clients?

For your help thx in advance.

kind regards

www.Kscash.biz

starpimps 11-19-2006 12:04 PM

good luck guys
hope to see everyone get thier sit settled with them

Miura 11-19-2006 01:02 PM

I'm waiting to hear from Howard (hopefully). Will keep you all posted...

PH-GNXS 11-19-2006 08:15 PM

add me to list please

Barefootsies 11-19-2006 08:29 PM

Quote:

Originally Posted by Miura (Post 11347388)
I'm waiting to hear from Howard (hopefully). Will keep you all posted...

Heh.

:disgust

kscans 11-20-2006 12:17 PM

paymonde admin page
 
Quote:

Originally Posted by Miura (Post 11347388)
I'm waiting to hear from Howard (hopefully). Will keep you all posted...

Hi,

Howard has answered my email and the login page working fine right now for our account.

https://www.paymonde.com/Merchants/_...error=userpass


kind regards

www.Kcash.biz

Miura 11-20-2006 12:47 PM

Everybody who hasn't gotten paid should contact me asap. We have a solution to resolve this matter but it will affect only those who join our group of paymonde victims (no credit card needed! :winkwink:).

I really insist on the fact that this is not a waste of time and we will get results pretty fast. Those who haven't done so already should send me an e-mail to porn at pamporn dot com (we use spamarrest) and get a BIG chance at getting something back...

I'm doing all I can for the community so please people, work with me on this one.

RegUser 11-20-2006 01:10 PM

i hav already sent you a mail Miura but never got any acknowledgement.....


and the login page is not working

Miura 11-20-2006 01:20 PM

Quote:

Originally Posted by RegUser (Post 11354083)
i hav already sent you a mail Miura but never got any acknowledgement.....


and the login page is not working

I responded to everybody. Please send it again. Thank you. I use spamarrest so you'll need to confirm the e-mail you sent.

Barefootsies 11-20-2006 01:23 PM

Quote:

Originally Posted by RegUser (Post 11354083)
i hav already sent you a mail Miura but never got any acknowledgement.....


and the login page is not working

Same here.

I received a reply(ies) from Howie, but he has yet to...

1. Send payment.

2. Provide access back to my administration area.

But it's nice of him to let me know he has read my e-mail.

:disgust

RegUser 11-20-2006 01:25 PM

done. sent mail again

PH-GNXS 11-20-2006 01:32 PM

im in
 
tried sending mail anyways
[email protected] 20k is what they owe me

Barefootsies 11-20-2006 03:22 PM

Quote:

Originally Posted by Miura (Post 11354196)
I responded to everybody. Please send it again. Thank you. I use spamarrest so you'll need to confirm the e-mail you sent.

http://www.gofuckyourself.com/showthread.php?t=679159

Miura 11-20-2006 03:30 PM

Quote:

Originally Posted by Barefootsies (Post 11355130)

Saw that and need to talk to that guy.

Jetp 11-20-2006 07:07 PM

I have sent you an email Miura, please confirm.

Barefootsies 11-20-2006 07:17 PM

Quote:

Originally Posted by Jetp (Post 11356609)
I have sent you an email Miura, please confirm.

:thumbsup :thumbsup

DTK 11-20-2006 07:37 PM

Quote:

Originally Posted by Soul_Rebel (Post 11321861)
dont forget to remind to authorities you were/are selling videos you don't hold any copyrights.

interesting that this didn't get any replies......

bellybuttonlint 11-20-2006 07:41 PM

Quote:

Originally Posted by kscans (Post 11347025)
Rebill clients at Paymonde !

--------------------------------------------------------------------------------

hi guys,

some thoughts about this situation at paymonde.
I think the biggest loss is our rebill clients and of course the amount over 20k what paymonde owes us now.

that was simple not fair from paymonde to turn off our admin area.

We didnt even had the possibility to cancel all our clients there and move them over for example to ccbill.

If we send right now an email to all paymonde clients how can we explain them how and where they are able to cabcel their memberships?All of them will ask if their memberships was cancelled before they would sign up at a new processor for our sites again.

Do you have any suggestions how we could handle this for our existing and rebill paymonde clients?

For your help thx in advance.

kind regards

www.Kscash.biz

IN SIMPLE TERMS, your fucked.

1. should paymonde actually give you a list of your rebills, whos to say that your future processor will allow it.

2. careful how you make this appear to your cutomers...do it the wrong way, and the credibility of your site is fucked. people will say" how the fuck can i trust them with my personal financial info and my surfing habits".

majority of rebills are people who forget they are being rebilled. Enjoy the ride while it lasted and start over.

What I did:
hired 3 people who literally sit in front of the pc in shifts waiting on incoming emails /live chat requests.

killed all access to all members, gave them 2 options. either email to find out why....or use the live chat feature to directly chat with someone in real time.

telling all my customers to cancel their current accounts and giving them 2 months of free access, using the" since they are a preferred customer, we are giving back for the holdiays....and that " were upgrading to a new server with a higher security ( like people know what the fuck a server is and what it does ) so they need to cancel their credit card subscription since it wont apply to the new server settings.

Barefootsies 11-20-2006 07:56 PM

Quote:

Originally Posted by bellybuttonlint (Post 11356826)
IN SIMPLE TERMS, your fucked.

1. should paymonde actually give you a list of your rebills, whos to say that your future processor will allow it.

2. careful how you make this appear to your cutomers...do it the wrong way, and the credibility of your site is fucked. people will say" how the fuck can i trust them with my personal financial info and my surfing habits".

majority of rebills are people who forget they are being rebilled.
Enjoy the ride while it lasted and start over.

What I did:
hired 3 people who literally sit in front of the pc in shifts waiting on incoming emails /live chat requests.

killed all access to all members, gave them 2 options. either email to find out why....or use the live chat feature to directly chat with someone in real time.

telling all my customers to cancel their current accounts and giving them 2 months of free access, using the" since they are a preferred customer, we are giving back for the holdiays....and that " were upgrading to a new server with a higher security ( like people know what the fuck a server is and what it does ) so they need to cancel their credit card subscription since it wont apply to the new server settings.

This statement always cracks me up. Starting with the word "majority".

No offense intended. Just wanted to comment on a common myth.

lisa sparks 11-20-2006 11:41 PM

I sent an email as well. Paymonde only owes me 3k I used them just for video sales. I did not use them for my members. So I am not only out the cash but the merchandise that I have already delivered. Paymonde worked great for me with no problems until last week. I called them and they told me I should see some sort of payment in three weeks. I sure hope this is true. I am not holding my breathe.

Miura 11-21-2006 01:49 AM

Quote:

Originally Posted by lisa sparxxx (Post 11358065)
I sent an email as well. Paymonde only owes me 3k I used them just for video sales. I did not use them for my members. So I am not only out the cash but the merchandise that I have already delivered. Paymonde worked great for me with no problems until last week. I called them and they told me I should see some sort of payment in three weeks. I sure hope this is true. I am not holding my breathe.

Replied to Lisa and Jetp. Thanks!

As for my site being a celeb site: I've been running it for 9 years and never had a problem. When a celebrity asks me to pull him/her photos or sex tape, I do it. Never got sued. Furthermore, my site isn't the issue here.

Vince Charlton 11-21-2006 02:52 AM

Quote:

Originally Posted by Webby (Post 11324549)
Prob just as well you never touched them :) You'd be signing up, not with a company, but a "brand" known as Paymonde.

Never knew brands could enter into contracts, but hey, ya learn something new every day. Today I learned that if your name is Howard Cohen, any old name you can think of can enter into contracts with clients :pimp

We are a European based provider of merchant accounts to the adult industry. For every merchant account we sign up, there is a 3-way contract in place between the merchant, the processor (Interconsult Group) and the bank itself. This ensures that the merchant knows exactly who he is dealing with. We also use a 3rd party Escrow bank to hold all merchant funds which we have no title to. This is to provide additional security to the merchant should anything ever happen to our own business.

If I can be of any help at all, or provide general information on the payments side of the business, please get in touch

Regards

Vince

Sarah - GTS 11-21-2006 05:03 AM

Email sent

Sarah - GTS 11-21-2006 05:06 AM

Howard, if you are keeping an eye on this thread can you please contact me?
[email protected]
No hard feelings, I just want to get working on a resolution.
thanks

Barefootsies 11-21-2006 06:34 AM

Quote:

Originally Posted by Miura (Post 11358698)
Replied to Lisa and Jetp. Thanks!

As for my site being a celeb site: I've been running it for 9 years and never had a problem. When a celebrity asks me to pull him/her photos or sex tape, I do it. Never got sued. Furthermore, my site isn't the issue here.

Same here. I do not deal with sex tapes. Just celeb stuff.

:2 cents:

Barefootsies 11-21-2006 06:36 AM

Quote:

Originally Posted by Vince Charlton (Post 11359147)
We are a European based provider of merchant accounts to the adult industry. For every merchant account we sign up, there is a 3-way contract in place between the merchant, the processor (Interconsult Group) and the bank itself. This ensures that the merchant knows exactly who he is dealing with. We also use a 3rd party Escrow bank to hold all merchant funds which we have no title to. This is to provide additional security to the merchant should anything ever happen to our own business.

If I can be of any help at all, or provide general information on the payments side of the business, please get in touch

Regards

Vince

Yep. The hierarchy is something like..

1. VISA
2. Merchant Bank
3. Processor
4. Client/Webby

Barefootsies 11-21-2006 06:37 AM

Quote:

Originally Posted by Sarah - GTS (Post 11359920)
Howard, if you are keeping an eye on this thread can you please contact me?
[email protected]
No hard feelings, I just want to get working on a resolution.
thanks

Howie,

Since you are watching the board. Provide my admin access, and send payment promptly.

Thanks.


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