How Many Credit Card Processors Have you Gone Thru?

[gonzo]

For those of you that are using 3rd party credit card processors you might want to pay attention.

Prior to june 30, 2007, anyone processing credit card payments online
must be compliant with the Visa Cardholder Information Security
Program (CISP). It is based on the PCI data security standards.

Here is a list of those processors that are compliant. Is your processor there?

http://usa.visa.com/download/business/accepting_visa/ops_risk_management/cisp_List_of_CISP_Compliant_Service_Providers.pdf

CCbill and Paycom are both there and seem to have been for a long time.

There are a few others that seem to be "missing"...

Is your processor there? If not you have to ask yourself what will they do June 30th? Is it possibile that they will take my money and run?

Could explain the current zeal to "earn your business" now and bolt later with your money and userbase. Gone gone gone forever. And what will they do with all those email addresses and credit card numbers?

History repeats itself.

Remember Ibill!!!

Ill ask that question again... do you want the same people handling your money?

[LAJ]

Thanks for that link!!

[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?

[*KK*]

Interesting thread.

[Peaches]

Rumor has it checks are available for payment also.......

[TheEnforcer]

Originally Posted by *KK*

Interesting thread.

Hey KK!! Nice to see you pop in again dear!!