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Any updates ?
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do I get something for longest thread of the week?
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latest conversation: they now say this includes all ddeu chargebacks for 2006, 2007 and 2008, not just 2008 like they said initially. to my question how come there are so many more chargebacks for ddeu she said there was a loophole that got passed around the internet so a lot of people were abusing it. apparently for 3 years they didn't notice! still nothing matches the transactions in their own reporting in control center, she will talk to her supervisor to see why. she is new so she doesn't know..... now they WILL take verotel fees off the amount, they didn't initially. i guess you have to ask for it. imagine that, according to the original amount i would have to pay back 14% more than what i received cause i am covering their fees as well. it's a joke. :1orglaugh :mad:
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So we just got an email which I will detail in another posting.
The thing is that there is no way to really verify what is going on, and if any of this really happened or not. One would think that most companies would just write down such a fuck up rather than even admit it. We can't even tell if their system is up half the time, and now this. So where is this with you BOSS1? Have you made any headway? |
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15% for 12 months = |
I've just got precisely the same email - word for word. They were always the bottom of the cascade for me, so it's peanuts. But still quite possibly one of the most unprofessional balls up I've seen from a processor.
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Add another to the fucked by Verotel list, ATTENTION: Stay the fuck away from Verotel!
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Could we get some kind of boycott going so Verotel could REALLY understand how much of /a fuckup this is to do to clients and that they should just cut their losses and move on? 3 FUCKING YEARS OF ERRORS, UNBELIEVABLE! I should be speechless.
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i said i will not post here in three months, but i must in this thread cause i am also waiting for answer where are my stats and where is my stats history! i am at zero hits last few days and my stats area is showing nothing. i got no email and nobody contacted me about removing links or upgrading account, that is really some fucked practice imho! give me answer verotel or gfy! :321GFY i am really pissed ...
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i am already boycotting them in the sense that i removed them from all my sites since they were not the primary processor anyway. i am debating whether to cancel all verotel members and email them to sign up through ccbill instead. verotel haven't started deducting anything yet from my rebills so once the rebills disappear all they have is my holdback which is shrinking every day. if there isn't anything left to take out of my account, you think they will go to court?
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Same DDEU plus now corrupt database
I had the same problem with DDEU billing, exactly same e-mail notification.
Finally they agreed not to charge their commission, but saying that anyway it was normal for me to refund money I was not supposed to have received !!! This is just rubbish, use of my site was given free to hundreds of persons, during 3 years, by Verotel which did not perform any work. I also complained about duplicate charges, for which we have to pay the fees, or for the lack of control of the names or address of the members. They pretend there is no way to avoid duplicate charges, or to check this data, so why do they say that their system is secure and can prevent fraud... Now, since nearly one week, I receive notifications of renewals or new approved transactions, but dated back 2008 !!! I sent them at least 20 messages to tell them their system had problems, probably corrupt database, but no way. I only got automated answers full of old subscription data, or error notifications like mailer-daemon php script errors ! I decided to call them on the phone. 24/7 according to their site ? Nope, 09.00 to 17.30 dutch time. In case of emergency dial 0031 20 320 88 33 ... OK, I call the number, and what I got is a woman, probably in the kitchen, children crying in the background, telling you : sorry, office is closed, call back tomorrow !!! I think that Verotel has grown to much, and is now going out of control. It's sad, but we may have to find a better processor... |
I just a call from Sarah. First I knew about it. It depends how much you have to lose.
I remember the IBill fall. Cost me 17K. |
Add us to the growing list of those recently contacted by Sarah from Verotel.
Same shit - they're claiming we owe them over $700 in DDEU transactions due to a fuck-up by their "partners". We received a phone call from her earlier in the day (we weren't in the office - she left a message). |
Bump for a Verotel rep to show up with some answers.
This reeks like iBill - all over again. Ya'll remember the relationship between First Data and iBill? Just plug in the name of the German bank here. |
We just got the call from Sarah at Verotel also this morning
We were overpaid over $7000 apparently. They are not even our primary processor (CCBill/Epoch/GXBill/Verotel) in that order I wil be following this thread with interest. |
got the call today ..... so is there anybody who got a way out of this???
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Bump for impending shitstorm.
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Put me on the list too ... email from Sarah ... taking back $800 :disgust ... I am switching my Verotel sites to CCBill. I had 3 sites already using CCBill, now they will get all 8 of my sites. That is my response. :thumbsup Maybe everyone should respond the same way ... It is a shame. Verotel was a great way to launch my first sites 6 years ago when I didn't have/ want to pay the VISA charges.
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Bump for Verotel to represent.
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Just got an email from Sarah, reminding me that I still owe this money :) Not sure what they expect me to do, I guess to give my approval for them to deduct the money from my holdback/rebills? I am getting checks ok and they haven't deducted anything yet. The amounts are shrinking since I removed the verotel signup link from all sites, so its only the rebills. I guess I'll ignore them and see what they do about it. if they start deducting anything, I will cancel all remaining members so there will be nothing to deduct.
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i would still be very interested who their "partner" was who did the screwup
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Bounced checks, and charge backs all work the same regardless of billing company. The surfer had gotten access to your site for however long, and then their check bounced, or charged back their card after ripping off your member's area. This is no different. You were paid money you should not have been paid. So you were over paid. Clerical error or not. I am sure you do not chase down every bounced check, or charge back on your CCB member. Why should Verotel be held to any higher of a standard? They fucked up. They are working with you. You were over paid. Those are the facts. |
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Sounds like you are quite a business man. :2 cents: |
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1. The chargebacks wouldn't have happened in the first place if it wasn't for Verotel. Those were not regular chargebacks, those people were exploiting a vulnerability in Verotel's system (or their partner's but that's their problem), that's why almost 100% of ddeu transactions are chargebacks. Sarah said that exact thing 2. Other billing companies detect chargebacks around the time they occur (and cancel those members immediately), they don't allow them to continue with their membership for 3 years and use a shitload of my bandwidth for free 3. Apart from hiring the poor girl Sarah to apologize to everybody, they made no serious effort to acknowledge their part of the blame. Apart from 20% reduction (which includes their own fees of 14% so its really 6%) they are still sticking to expecting every webmaster to shoulder almost all of the cost. If they at least offered 50/50 that would be something. I can see a more serious company like CCBill writing off the entire amount if this happened to them Quote:
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I am not excusing anyone. It is an inconvenience to everyone. However, Verotel is at the mercy of their merchant bank(s) and agreements. To their credit, they are attempting to work with people. I can think of the other times I have had to go with similar, there was no "working with you". They either went out of business. You lost your money. Or had to wait 6+ months for errors to be fixed and get some percentage of your back owed cash. As for your last remark, then I suppose they will do whatever their T.O.S. said they could do, and you agreed to, when you signed up with them. So if they have to sue you to recoup the money, then I suppose that is what they have to do. |
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yeah how can a error where a partner undercollects money continue for 3 years? There is no excuse for this when your business is to process payments.
My bet is someone installed a virus that took a 1/2 penny from every transaction rounded down, & it took 3 years to discover the glitch. |
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Barefootsies, these retards are trying to tell me I suddenly owe them over $11,000 because of a mistake they failed to notice for 3 years. I don't care if I sound out of line or seem like I don't understand the situation... it is fucking BEYOND ridiculous. And at a time like this? I simply don't have words for this level of stupidity.. a real business would except their mistake and take the loss.. go out of business.. or whatever I don't really care, this is just ludicrous.
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An excerpt from our latest email from "Sarah" at Verotel:
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I still say this smells like the iBill fiasco a few years back. I'd wager the (German) banking partner simply isn't paying Verotel for the transaction and withholding the funds for some reason. |
Programs effected by this should send an invoice to Verotel for the costs of the member on your end. If they want you to refund earnings due to their fuckup, they should pay you for your overheads used in good faith.
-N |
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Please somebody ask if you talk to her how does she explain such a high % of chargebacks for DDEU transactions and see if she says the same thing. It sounds very fishy to me. I looked over the transactions affected and I don't see any increase in amount of chargebacks from 06 to 08 which I would expect as more and more people found out about it. I also don't see the pattern I would expect to see if those people knew they were getting site access for free. They join the site, cancel, that's about it, sometimes join another site, then cancel that after a while etc. Pretty normal pattern. If they knew it was free, why not join all the sites (I have several sites with the same fetish) and stay member as long as you can, since you know its free. |
verotel sucks balls.
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btw - these so called DDEU transactions make about 80% of the sales volume in Germany (mostly because credit cards are not very popular). while the general chargeback ratio with these is higher than with credit cards, it's mostly because of underfunded bank accounts, not because the user initiates a chargeback. when i asked my german clients about their chargeback ratio i mostly heard something around 5%, 10% in the worst cases - again: because the user did not have enough money in his account, not because he cancelled. far away from the nearly 100% Verotel claims. such a high chargeback ratio is impossible, even with this billing method. so if they claim anything higher than 10% or maybe even 15% of the transactions failed because the USER initiated it it's simply a lie. :2 cents:
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sure... you make an awful lot of debit card sales from Germany and the Netherlands it seems... lol |
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Interesting info - thanks for that. :thumbsup We're still waiting for a follow-up reply from Verotel - hopefully with some additional info and answers that make sense. If not, we'll be dropping them as soon as possible. They've shaken my confidence in them. |
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Keyword: THEY fucked up. Not him. It's their mistake, it's their responsibility. Suppose Verotel was your only processor, and let's say you made a down payment on a house etc with the money that you did your part to earn. Let's say you have some other bills and you rely on your steady income NOT decreasing in order to make your payments. You're gonna live like a pauper to give Verotel a free pass on fucking up the only thing they're supposed to be doing for you? For fucking up their job? I don't think so. |
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This also has led us to re-examine a situation we faced in January 2008 when we had a flood of Verotel chargebacks. Every single client we emailed then had said they did not initiate any chargeback. So now I wonder if it was another banking screwup except that at that time we were paying chargeback fees on top of the refunded money. Verotel was our primary processor on a number of sites for a long time and this has hit us hard. Not because of the refunded amount but because they have cast doubt on anyone running a Verotel program. And we had just managed to smooth feathers with our affiliates after the Korean Debit Card fiasco of a couple years back. |
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:2 cents: |
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I have been through similar bullshit in the past with iMonde and a handful of other companies over a decade. That is why I use more than one processor now. Experience. I am not saying it doesn't suck. I am not saying it isn't fishy. I am not blindly defending anyone. I am simply pointing out he faces. If you/me/we were overpaid, regardless of fuck up (just like a bank giving you too much money through the ATM) they are going to fix it, and rightfully so. That said, that DDEU is very fishy that 100% chargeback. More over when you add in that Shoplifter did follow up, and they said none charged back. It leads me to believe there was some kind of error, or bigger undisclosed issue, between Verotel and their merchant bank. |
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