KK, what's the story on Visa in January?

[Netbilling]

Originally posted by Driven@Dec 8 2003, 10:44 PM
I was looking into opening a Merchant account in the USA for processing adult only.

I'm a little confused with all this, your mentioning that a lot of banks kicked merchant accounts out recently , all bar 1 US bank is accepting adult merchant accounts?

I currently use Epoch, should we open our own US merchant account to cut out the chance of Epoch and the other IPSP's going out of business? Or are adult processing merchants going to be a target as well

Our chargeback ratio is currently 0.08% as we sell a quality product and never do trials.

Thanks again

Oh btw, nice to find a board that talks business for once, glad to be a new member of Oprano

Matt

Hi Matt,

There are a few banks that we work with domestically that write adult accounts.

Let me know if you are interested.

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Driven,

VbV can be used for initial transactions only, no recurring billings. The problem is with our internal testing is that more surfers are abandoning the payment page because of confusion using VbV. Untill the banks issue paswords to all cardholders and do not make them pre-register online for VBV, it will not be effective for widespread use IMO.

Mitch