Hello dumbass, hows that big W for wrong looking on your head. For the last 6 months, processors have been reporting chargebacks to Visa PER TRANSACTION, PER URL.

globill will profit nicely :)

this is only for north american third party billers anyways, so who cares ;)

So, Visa has a file on each of us who may have had a chargeback within the last six months? What other information have the processors been 'reporting'? If they've been doing this for free, why charge now?

Also, do you know where I can find a copy of the "New Rules" from Visa? I'd very much like to read it myself.

Thanks.

I absolutely agree with you Mitch. Take this scenario...
Let's say "Shithole Inc." switches their 13 paysites to Digiblaze in '99 and they bring with them 200 signups per day, as well as a 6% chargeback rate. Eventually, the heat will come down, but on who? Not "Shithole. Inc", rather Digiblaze, who in fact got shutdown for this very reason. What happens to "Shithole, Inc"? Nothing, they peacefully & discreetly move to another 3rd party processor who gladly & blindly accepts them and their 200 signups per day, not giving a shit about their 6% chargeback rate.

My argument is that the major 3rd party processors should have been more cautious & agressive starting 3 years ago, being very srrict on who they process for and continued to process for. They weren't. They may claim they were, but they weren't. Instead of booting high chargeback sites, they increased the scrubbing and prevented more legit customers from getting approved, in turn screwing the honest, hard working sites & companies.

The douche bag, loud mouth, Kimmykim won't agree with me because she never thinks she's wrong, but she can rant all she wants. It still doesn't change the fact that I'm right.

What's next? 3rd party processors won't be able to shelter "Shithole, Inc" because from now on, VISA & MC are gonna keep a close eye on them, as well as everybody else accepting a CC online. So "Shithole, Inc." better lower their chargeback rate or start thinking of a career change.

eblastics,

You are indeed correct. You have identified a major problem that has plagued the industry for years.

On our end, and from day one, we have always been very strict on chargebacks. We have a system of warnings and flags that notify webmasters the minute there is a problem. By the time they hit 0.3% chargebacks, let alone 1%, they are already hearing from us - not in a draconian way but they get our attention and our help. In almost all cases, webmasters work with us to lower their chargebacks.

It is funny that you mention Digiblaze. When that company went down, I talked personally with a number of webmasters who were using them and now looking for a new home. They proudly claimed they were doing in excess of $100k per month with "only" 2% chargebacks. I wished them best of luck in their search for a new third-party biller :1orglaugh

too funny

I don't think PornCard necessarily is going to take off. I don't think most people would carry a PornCard and show it off. Would you? But what needs to be done is have an alternative CARD like diners and push it really hard to take over Visa/MC hold on the credit card industry.

-Nato

Now, I am going to disagree with you A. Martin for your statement alone. ;) Not because I am a fair man, but I think your statement above is also misleading and you might want to look at your stuff once more; MAYBE. :)

Chargebacks has very little to do with the quality of a site. Heck, most chargebacks at least if not done internally are also caused by the customer's end.

Geez, it is NOT hard to figure out the Mod 10 algorithm for Credit Cards, and it is NOT rocket science to find a match on an AVS. A lot of people do chargebacks simply because people are dishonest by nature. Be is a 2% or a 0.02%, it will always happen in the third party billing industry. It is part of the game. Let me give you the scenario.

Someone does 10 transactions, you get one chargeback. Percentage is 10%. Someone does 1,000 transaction, you get 10 chargebacks. Percentage is 1%. But you should be worried about the 10 raw chargebacks instead of the 1 chargeback. You are barking to a certain extent up the wrong tree would you not? Besides, a third party billing lower's their CHARGEBACK across the board, but now that you have to report, I like to see YOUR COMPANY MAINTAIN lets say a decent 0.04% ACROSS THE BOARD FOR ALL PAYSITES.

It is NOT going to happen A.Martin, and you know it. I am saying your company may have found a niche if you do what you do right now and bypass the system. But if you report 0.04% PER SITE, geez, you should NOT be in this business but the FRAUD SCRUBBING one, you have a better deal then E Falcon and the rest. And you will be richer then them. So don't blow your horn on this right now. Sorry to be harsh, but your business model is good if you take it offshore, but if you are going to monitor PER COMPANY and require a certain chargeback rate then I think it is not realistic enuff.

-Nato

If you believe this, you don't know Globill. Globill will not tolerate high chargeback rates. Never have, never will. That's why some people don't like them.

There are overseas charge cards. Industry leaders should buy them out and bring the card here. And, NO, it must not be called "Porn Card."

50

Thats my favorite part.

So this means we will keep all of our rebills???

Whatever happened to those fellows eblastics and [H] ????

If this thread doesn't cover it all, I don't know of one that does. We've got Paypal in here as a topic, Visa regs, stupid and smart strategies, and a whole lot more.

This should be required reading for anyone with a paysite.

maybe you should have said and here comes another DMR in the back streach

rounding the corner and breaking for the wire?

That would have been rude ;)

Looking back on these threads is.... interesting.


Okay amusing too.

:)
:glugglug

These new VISA regulations and the strategies involved from Glo-BILL.com to iBill.com and more ... are confusing ...

My question is ...

When a female - who wishes to display her body - for money on the internet ... in consideration of recent changes ... Does this now mean she must all of a sudden pay visa $750.00 US, meet strict financial reporting requirements, and other ?

Where is all of this Visa stuff going ... because the more I read - the more it sounds like "prohibition" of the amateur.

Am I the only one confused?
I am not following this - I am trying.
Please help...

Dad@

Exactly.

Bullshit.

Your posts really make me want to :repuke

Add no payment to that list.
http://www.gofuckyourself.com/showth...hreadid=165988

(old news but would like to see A.Martin's response)

Opps. Someone misfuckingcaculated.

back to the future

Classic.

Glo-Bill reps seemed to have been omnipresent on this board - But now that they are no longer in business - it appears that they have forgotten how to type.

Why can't they give us a straight answer as to what has happened. Where is our money? Seriously, the lack of communication is only further proof of their dishonesty.

No doubt....

I think this thread and what happened to Glo-bill is the biggest "OWNED" i've ever seen.

in adult that is ;)

I wonder who is next.

If it concerns billing youd be smart to listen to KK.
She never gave em a break to begin with and look who was right.

I never knew you could have your tongue so far up someones ass...

You should always believe RonC even if he tells you the sky is red.


That first post by the globill clown is truly classic.

they threw the dice using YOUR money and half of you thought it was the smart thing to do.:1orglaugh

Good luck, he's in the Caribbean drinking our reserves away.

Only on GFY can you find another their head stuck up their own ass.

And has you seen KKs ass in Florida you might have been wanting to tounge it...

You are TOO funny....







not really...

I just wonder how big Globill's settlement package is going to be and if there's going to be one at all. :mad:

You'll get a settlement from Glo-Bill the day I figure out how to be younger.