How Many Credit Card Processors Have you Gone Thru?

[TheEnforcer]

Who are the current processors in the adult industry today besides the obvious big two? I haven't even been paying attention to the issue lately.

[gonzo]

Originally Posted by TheEnforcer

Who are the current processors in the adult industry today besides the obvious big two? I haven't even been paying attention to the issue lately.

From what I can see there arent any. At least according to that list.
There are several out there looking to earn your business...which always reminded me of a used car salesman.

A lot of people are complaining that they havent been paid by myvirtualcard too.

Im always suspecious of any comapny that has a dozen or so shell companies all over the globe.

At least we know where we can find CCBill and Paycom.

[Biggy]

Originally Posted by gonzo

From what I can see there arent any. At least according to that list.
There are several out there looking to earn your business...which always reminded me of a used car salesman.

A lot of people are complaining that they havent been paid by myvirtualcard too.

Im always suspecious of any comapny that has a dozen or so shell companies all over the globe.

At least we know where we can find CCBill and Paycom.

To gain any kind of trust or respect for a billing company, you need to know the management. If you don't know the owners, don't process with them, its as simple as that. The Paycom/CCBill owners have put themselves out there. I use 3 billing companies, Paycom, CCBill, and a rather new company for all my foreign billing (where MC and Visa are a lot less important). I was skeptical of the new company at first, but I met the owners, and over time they've earned my respect.

BTW gonzo, thats a great link. Thanks.

[Hell Puppy]

Originally Posted by TheEnforcer

Who are the current processors in the adult industry today besides the obvious big two? I haven't even been paying attention to the issue lately.

If you're talking iPSP where you do not have to have your own merchant account, IMO the big two are the only games in town.

I wouldn't trust anyone else no matter how desperate times get and how hard they want to "earn your business" with any significant traffic until they've been around at least a year doing iPSP. And even then I'd ease 'em in slowly trusting 'em more over time and as they gain stability.

Takes a lot of cash, a lot of IT expertise and perhaps most importantly damned good banking relationships and enough savvy to maintain them. You cant just buy your way into the IPSP game at this point.

[Hell Puppy]

I find it interesting that alot of the guys who require you to bring your own merchant account are also missing from the list.

If I had my own merchant account and was using one of those guys, I'd have a plan B in my back pocket.

[gonzo]

Originally Posted by Hell Puppy

I find it interesting that alot of the guys who require you to bring your own merchant account are also missing from the list.

If I had my own merchant account and was using one of those guys, I'd have a plan B in my back pocket.

Who all do you find missing from that list?

[softball]

What about Verotel? In the beginning they got heat, but since then seem to have cleaned up their act. Anyone have an opinion?

[Toby]

Originally Posted by rhetorical

What about Verotel? In the beginning they got heat, but since then seem to have cleaned up their act. Anyone have an opinion?

The rules seem to be a bit different in the EU.

[Hell Puppy]

Originally Posted by rhetorical

What about Verotel? In the beginning they got heat, but since then seem to have cleaned up their act. Anyone have an opinion?

There's something similar cooking for EU, but I dont know the specifics.

[gonzo]

What I find amusing are those that arent in compliance and accusing us of having an agenda.

As Jace says... yes there is an agenda. We are trying to do business and make sure we dont get ripped off.

This list is directly off of Visa's website. Nothing any of us have cooked up.

Heres another log for the fire.

If your a doubting Thomas... call Visa yourself and get an idea of whats involed both from a technology standpoint as well as a financial standpoint.

Ask them what are the chances of a processor being compliant starting from scratch now.

Ask them what chances that processor stands if they dont own their own data center.

Get an idea of how much net and physical security is required to be compliant.

Finally ask them on the average ... what this process might cost a processor.

Then ask yourself. Do you REALLY want someone that is not on that list handling your transactions?

Chances are they wont be around come June.
Tick tock...

[Dianna Vesta]

Originally Posted by rhetorical

What about Verotel? In the beginning they got heat, but since then seem to have cleaned up their act. Anyone have an opinion?

I did try to set up an account with them on adult billing with no luck. Support was bad.

I am still trying to find a processor for video clips. I sell clips, audio, etc. one at a time and can't find a processor. I'm using nite flirt which a pain in the ass.

[gonzo]

Originally Posted by Dianna Vesta

I did try to set up an account with them on adult billing with no luck. Support was bad.

I am still trying to find a processor for video clips. I sell clips, audio, etc. one at a time and can't find a processor. I'm using nite flirt which a pain in the ass.

I think CCBill processes for clips4sale. Have you tried them?

[EmporerEJ]

Originally Posted by gonzo

Who all do you find missing from that list?

I find the list missing....
They've killed the link.
Must'a read your post.