Wonder why business is "less than stellar"

[RawAlex]

Originally Posted by Toby

No, I didn't miss that point, I completely dismissed it. I don't think your pessimism about processing is backed up by anything solid. I just recently read a post by Ron Cadwell that CCBill will process more volume this year than any other. I don't think processors are hurting at all.

What is the volume made up of? Increased dollars? Increased transactions at significantly lower rates? Cross sales?

Friend Finder does 300 million of business a year, and have been increasing for years. Too bad it costs them, nearly 350 million to do it. Volume doesn't impress me.

[Toby]

Originally Posted by RawAlex

What is the volume made up of? Increased dollars? Increased transactions at significantly lower rates? Cross sales?

Friend Finder does 300 million of business a year, and have been increasing for years. Too bad it costs them, nearly 350 million to do it. Volume doesn't impress me.

You'll have to ask Ron those questions. His exact words, "I see all the numbers and people say that the adult internet side is dying. But I can tell you for a fact that CCbill will do more processing this year than any year EVER."

I still don't see you backing up your dire prognosis for processors with anything concrete.

[RawAlex]

Originally Posted by Toby

You'll have to ask Ron those questions. His exact words, "I see all the numbers and people say that the adult internet side is dying. But I can tell you for a fact that CCbill will do more processing this year than any year EVER."

I still don't see you backing up your dire prognosis for processors with anything concrete.

Since Ron isn't exactly putting the numbers out there for anyone to see, there is much to support his words either. It would be absolutely amazing (stunning actually) if there were actually more valid and successful sales in adult right now.

Now, of course, if they are accepting cross sales (and the chargebacks that come with it), their volume of transactions could be going up. But I am not clear that this represents actual sales in adult.

I will take what I can see overall over Ron's words at this point, as I cannot see anything that supports his quote.

[Toby]

Originally Posted by RawAlex

Now, of course, if they are accepting cross sales...

CCBill only allows un-checked cross sales, and very few sites use them. It's an insignificant portion of their business. I think you're looking way too hard to find a reason to discount his statement. No idea why you're so jaded, but it's effecting your objectivity.

[softball]

Originally Posted by Toby

CCBill only allows un-checked cross sales, and very few sites use them. It's an insignificant portion of their business. I think you're looking way too hard to find a reason to discount his statement. No idea why you're so jaded, but it's effecting your objectivity.

Toby, as you know I have a long background in journalism, and I can recognize spin down the block and around the corner. Like Alex said, ron did not mention profits, just volume. IMHO, if he meant profit, he would have trumpeted it loud and clear and amazed us all. But he did not. My bullshit detector is pinning at 11 on this one.

[Toby]

Originally Posted by rhetorical

Toby, as you know I have a long background in journalism, and I can recognize spin down the block and around the corner. Like Alex said, ron did not mention profits, just volume. IMHO, if he meant profit, he would have trumpeted it loud and clear and amazed us all. But he did not. My bullshit detector is pinning at 11 on this one.

Sure, there's likely some spin in that statement, but it's still a long stretch from there to a pending demise of processing. There's just no evidence to back that up.

[softball]

Originally Posted by Toby

Sure, there's likely some spin in that statement, but it's still a long stretch from there to a pending demise of processing. There's just no evidence to back that up.

I totally agree. But Alex has a good point as well. You know they have to be hurting along with everyone else. This is not exactly 2004 when we needed to make room in the fridge for the Cristal.