Thanks...

I have a few myself also...


SP

Also remember we report to VISA each month transcounts down to the url, so there is no hiding there.
**********************************
Funny, because I heard that because of their ancient technology.... iBill STILL can't do this! Maybe another reason for the deal...

Thanks for the info Clay! ;-)



bpj

SP, I got it and now I have to wear my thinking cap..
I can't do it myself, but MikeAI might be interested, it's closer to his business lines.

he is michael @ oprano . com
Serge

Serge...

Check your cotac emai lwhen you have a second...

Thanks...


SP

bpj

sorry about the misinterpretation

The answer is you cannot avoid chargeback problems by simply switching descriptors anymore, especially for accounts of this size. Its like trying to hide an elephant in your living room. Also remember we report to VISA each month transcounts down to the url, so there is no hiding there.

Maybe the simplest answer is you can't.

Also FYI EPX was purchased along with IBill by ICPT

Clay


Clay (ROCK SOLID PROCESSING) EPOCH

Kacy came around? I think I have been consistent since 1995... I stumbled into a way to make some nice money, found a niche, developed it and looked to maximize my returns.

The years may change, but business is business...


Mike AI

Thanks Clay! Best to you guys!


Wig

MikeAI :)

I'm glad you came around as well :) Thanx for the welcome. I hope to learn more from all you here.


Kacy Get Naked with Me :)

Sorta like.... "you will now be billed as Paycom, rather than Epoch".... ;-)))
**************************

DOH!


Serge, no, gold is down slightly
today. I still don't see it really
taking off til' that latter part of
2002 if not 2003.

It is giving a guy time to accumulate
positions. Take advantage of it
while it lasts, cuz when it goes
it's gonna GO. ;-))

Wig

Wig,

VISA calculates on the whole account. Currently VISA is not capable of splitting transactions out within an individual merchant account unless you use the * descriptor method and even in that case I am not sure that they would or could.

But who really cares if they do...everyone knows that the bulk of transactions are all adult.

Clay
Clay (ROCK SOLID PROCESSING) EPOCH

Kacy I have no grudges, busines is business . I am glad you came around and finally understand that.

As I said, welcome to Oprano...


Mike AI

Serge,

Where are stocks trading? ;-))
Wig
***********************

in the crapper!

gold must be up!
;-))
Serge

check out my amateur site

http://www.arizonatrailerpark.com

and I suck mean spam!
Julie New Amateur Website by SpamBot

The old download the page, edit it and reupload it again routine, very slick! I was not disappointed after all :)
**************************

Kacy, those were OLD days, in the age of php this is not needed
;-))

works on d/b level,
but...we only use it against spammers, we don't abuse it and I asked your permission before I showed you just a demo
;-))
Serge

First of all they are not IBills customers they are companies that process transactions through EPX to various merchant banks.
*******************************
Clay, you misunderstood my question...
I was talking about iBill's recurring database! If they were having merchant acct problems and saw this acquisition as a way out, how could the buyer (EFX) resolve iBills existing cb probs to make it worth buying them??? ie Start over by billing them under a new company name/descriptor! ???
Sorta like.... "you will now be billed as Paycom, rather than Epoch".... ;-)))


bpj

Serge,

Where are stocks trading? ;-))
Wig

Ah Ha! The old download the page, edit it and reupload it again routine, very slick! I was not disappointed after all :)

Thanx for fixing it for me!
Kacy Get Naked with Me :)

Clay, thanks!

No problem on the response time. I'm
sure this is a busy and opportune
time for you guys!

Okay, so they allow you to process
non high risk through a high risk
merchant account.

Does Visa then calculate the c/b
ratio on the whole account? Or, do
they separate it out by code for
ratio evaluation, fines, etc.?

Surely if they do not do this now,
this is their next move?!?!?


Wig

Sure Serge :) I'll bite why not. I knew couldn't come here and post without getting the warm welcome from. I would have been disappointed if I didn't :)
Kacy Get Naked with Me :)

***********************************

ok, you asked for it
;-))

check your post #67075
once again
;-)))
Serge

Wig,
I think Clay just answered that and
MAYBE my MerID was suspended had something to do with what I was doing ;-)))

but...Clay's explanation does make sense,
one can to non-risk in risk and not the other way around
Serge

Sure Serge :) I'll bite why not. I knew couldn't come here and post without getting the warm welcome from. I would have been disappointed if I didn't :)
Kacy Get Naked with Me :)

Serge,

Yes, I understand. But times have
changed. For anyone who has
recurring with Ibill or with any
processor for that matter, or even
their own merchant account, this is
important to know.

It gives the processor the ability to
dilute the ratio with non high risk
transactions as well as the guy who
has his own merchant account.

the only downside would be that the
non high risk transactions would be
subject to the higher processing
fees of high risk.

Still worth it, though. My question
is really whether Visa allows this
or is doing something to make
merchant account holders separate
this.


Wig

Kacy,
wanna see how it "woiks"?
;-)))
Serge

Wig

Sorry it takes so long for me to respond but we are getting slammed with calls and emails from webmasters.

Yes you can process non-high risk transactions into a high risk account (5967) you just can't do it the other way around.


Clay
Clay (ROCK SOLID PROCESSING) EPOCH

hey, there is not an "edit post" on this board, lol :)
*********************************

really?

give me 1 min
;-)))
Serge

hey, there is not an "edit post" on this board, lol :)

I meant to say I may NOT be where I am at today, but I'm sure you could have figured that out :)

...and where would MikeAI be without G-d and R-n?
;-))

damn,
there IS EDIT feaure in this board
;-)))
Kacy Get Naked with Me :)

In other words, can a merchant use this to reduce the c/b ratio of the 5967 transactions?


Wig
**********************

Wig,
in the ancient days,
I charged memberships online and sign works in the store via the same MerID....
NOBODY challeneged me for that, but of course I wasn't processing
6 quadrillions a year
;-))
Serge

Mutt :)

Yes I am a girl :) I used to have an amateur site a couple of years ago, but I don't anymore. I now have Naked Hosting and some niche top lists. That's about it, enough to keep me busy :)
**********************************
MikeAI :)

I am flattered you even consider me competition. However, no I do not feel the same way about you. Actually if it weren't for you I may be where I am today. I guess you could say you did me a favor years ago teaching how the game is played is this business early on in my career so to speak. So I just learned from that and went with it. Also, I do not hold grudges :)
Kacy Get Naked with Me :)

lay, sorry, but does Visa allow a
merchant to use these to dilute the
c/b ratio of the 5967 transactions?
******************************

In other words, can a merchant use this to reduce the c/b ratio of the 5967 transactions?


Wig

Blondy - you are excused from Oprano for however long it takes.

I KNOW I am STILL fortuante! My Mom and Dad are both still around...and I dread the day...

It will come...but happy it is not today!!!


CactusButt

you are all so sweet
Thank you,
remember to let your family know you care.


Blondy

There are entities currently processing non-high risk transactions in 5967 merchant accounts. Can you do this? Yes. What you cannot do is process high risk transactions through an MCC Code which is not 5967 (when I refer to high risk I am referring to internet adult video text accounts).
************************

Clay, sorry, but does Visa allow a
merchant to use these to dilute the
c/b ratio of the 5967 transactions?

I think this is the important question.

Thanks Clay!


Wig

fleas
DrGuile

About ibill,
I think ibill's owner knew what was coming for them and saw a nice opportunity to fill their pockets and run...

to quote someone I chatted with about this, Ibill is now 'a dog with flees' (and has been for a few months)...


DrGuile we dont use ibill, do you?

wig

There are entities currently processing non-high risk transactions in 5967 merchant accounts. Can you do this? Yes. What you cannot do is process high risk transactions through an MCC Code which is not 5967 (when I refer to high risk I am referring to internet adult video text accounts).



bpj

First of all they are not IBills customers they are companies that process transactions through EPX to various merchant banks.

Why would a brick and mortar merchant or even a non-adult internet merchant with their own merchant account want to lose control of their processing funds to a 3rd party? What benefit would they derive? The only one that wins is IBill for trans counts. They would have to rely on payment from an entity other than their current merchant bank. I cannot see how this would ever be done or why any of these companies with EPX would want to do this.


Clay



Clay (ROCK SOLID PROCESSING) EPOCH - solid as a rock

Blondy....sorry for your loss. 57 is soooo young.



Webfather

My condolenses as well Blondy.
mutt

Clay,

If you don't want to answer the question, just say so. ;-))

Or, use the "to the best of my knowledge".... ;-))

Wig

oh..........Kacy is a player in the amateur arena. I think i've seen that name before,maybe on a camgirl site.



mutt

My condolonces on your loss Blondy!


TheEnforcer Making Bank

Blondy,
please accept our condolences...
Serge

I am going MIA for a few days.
My father passed away last night and it is time for me to take care of the stuff. 57 seems far to young to pass on. :(

See you all later next week.


Blondy

Anthony, Nick, are you allowed to wear Oprano shirts by your contract????

hahahahaahahhaha
;-))))

Meat is going to strip you out of them!
;-)))
Serge

poor Sweets...their spot in limelight was "stolen" by $600,000.89 TRILLION purchase of Ibill
**************************

Go baby! You are killing me. LOL
Wig

Like the Sweet story yesterday, the sale of Ibill directly effects this industry and thus is a very news worthy event.


Mike AI
*************************

poor Sweets...their spot in limelight was "stolen" by $600,000.89 TRILLION purchase of Ibill
;-)))
Serge

ahahahha...........IBill only having 20% of its business in adult. I surf a fucking lot and I swear the only times i've ever noticed IBILL on a NON-ADULT site it was for warez membership sites. Maybe i saw one clipart type of membership site also using IBILL.

90% of their biz is ADULT. I'm sure they've figured out a way to spin it otherwise to make it look as if they are much more than a porn processor.
mutt

Call it voodoo...call it whatever...I woke up this morning to a dead, as in BIOS doesn't see it, no way I can find it, E drive, my Programs drive...

CAN ANYBODY SAY BACKUP???

Forutently for me, E drive = reinstallable programs, i.e., I have the original CD...

All the upgrades/patches and all the "irreplaceable" are on different drives.

mutt - my opinion on the NCAA pool..."you snooze, you lose"...fuck those default picks, even if they are random.

CactusButt

Each of these companies would have to process their transactions through IBills merchant account in order for IBill to benefit from the transaction counts.
*********************************

Clay, but what if iBill's customers were now to be billed under the "newco" name???


bpj

********* OPRANO CREW *********

Nickatilynx models this years Oprano T-Shirt and Rolex Presidential. Before you say he's on something, he always looks like that. =o)
http://www.whitcon.net/P1.JPG

Me and Nick, we still don't know how to take pics, *notice the sun behind us.
http://www.whitcon.net/P2.JPG

As I was uploading some pics, decided for some cheese.
http://www.whitcon.net/P4.JPG

THANKS GUYS!!!


Anthony (Lord Darth Mailer)

Clay,

Thanks for sharing that. I agree
that will not happen.

But, can you confirm whether or not a
merchants account with 5976
transactions can be diluted by
adding non 5967 transactions to the
mix?


Wig

However I was so discouraged by the agendas and selfserving intentions rife in this industry that I transformed into the evil little shit I have now become :)
***********************************

THAT will teach them!

;-)))

Webfather

Like i said before, EPX was purchased solely for their platform and ibill for their revenues.

Ibill Wouldnt be worth shit if it wasnt for existing Clients and Recurring. No hardware was in the acquisition, It certainly wasnt for the workforce, or the software.

It was for the existing D.B. and the Adult Revenue.

Remember 10% of transactions, not 10% of revenue.
R3K

Wig,

I do not believe that Ibill is going to be able to dilute their transactions with the other companies that currently process through EPX.

These other companies have their own merchant accounts currently, such as Paypal. Each of these companies would have to process their transactions through IBills merchant account in order for IBill to benefit from the transaction counts.

Do you think that these companies will want to make this change, switch their transactions into a primarily adult merchant account?

Also they would most likely have to go through a descriptor change, can you imagine...


IBILL*Paypal

or

IBill*McDonalds

not going to happen.


Clay




Clay (ROCK SOLID PROCESSING) EPOCH - A PRIVATELY HELD COMPANY

HAHAHA Mutt no charm, Kacy is my competition. I do not have that high of an opinion of her...

Of course I am sure she feels the same about me.




Mike AI

yeah, and she has $6 billions reasons to be right as always
**************************

she is retarded. ;-0)
Wig

Kiss Kacy welcome to Oprano...

:-)

MikeAI
**********************************


uh huh.........i thought Kacy was a female but wasn't sure until i saw Mike putting on the charm.

is Kiss Kacy an amateur site?
mutt

Actually they said in whole between the EPX and IBILL it was 10% adult and 2% online gaming.
*****************************

R3K, yup! the key to this is that
EPX has 5 billion in transaction
volume and Ibill has 450 million.


That will distort the %.

I agree with MikAI, Adult is the
largest chunk of Ibill's Biz!

Wig

The Billing Guru disagrees with this,
but look at what Serge just posted. LOL
************************

yeah, and she has $6 billions reasons to be right as always
;-)))
Serge

To be honest I cannot see Ibill only having 10% of their business adult. That would mean 90% is non-adult and lets be honest folks, there is not that much non-adult business open for third party billers.

I would say Ibill realies on porn, and is easily 70% of their business.

We know some of the big accounts Ibill sued to have, the MILLIONS that would poor in daily.

Do you really think mom and pop stores selling t-shirts and coffee mugs compete with this?

Also large companies in non-adult use their OWN merchant accounts and thus do not need Ibill.


Mike AI

3. What total bullshit about Ibill only having 10% adult. On Ibills best days it was only 20%. And if it is really only 10%, then CYA ADULT
===================================

Actually they said in whole between the EPX and IBILL it was 10% adult and 2% online gaming.

But they also implied that There was large revenue in that minority.

I agree No-more adult.. why dont you go ahead of us and leave, we will catch up.
R3K

they have lots of software for shopping carts, referal system, check writting.
********************

Ibill outsources their check processing!

Personally, I think adult is their main gig!
Wig

Folks,

I really don't think Ibill was worth
much as an asset sale without the
Adult portfolio. Unless they sold
in a fire sale because they were on
the way out.

But, my main question is whether
blending 5967 transactions with non
5967 is possible, period!

It doesn't matter who buys their
assets or how big they are if you
can't combine transactions to reduce
c/b ratios.

The Billing Guru disagrees with this,
but look at what Serge just posted. LOL

Again, maybe some credible source
from Epoch or Jettis would like to
comment on combining 5967
transactions with other SIC codes to
reduce c/b's.

I don't think it is allowed by Visa!

Wig

The Ibill situation will be interesting. There is not enough information out there yet to fully evaluate it.

Like the Sweet story yesterday, the sale of Ibill directly effects this industry and thus is a very news worthy event.


Mike AI

Nick

Here is the Facts.

1. EPX is not a bank, they are just a gateway. They have several customer that run money through gateway into customers own merchant
accounts. (They do not get to mix the 4 billion of paypal $ with Ibills porn money)

2. There is only one bank in the US that can handle and will handle adult merchant accounts of this size. FDR. This is where Ibill is currently. Sure they are going to be happy with this annoucement.

3. What total bullshit about Ibill only having 10% adult. On Ibills best days it was only 20%. And if it is really only 10%, then CYA ADULT

OK, so they piss off the only Adult US processor that could take them, they have lots of software for shopping carts, referal system, check writting. They have a large Non Adult sales force, brand name, relationships to sell to Non Adult.

BYE BYE ADULT.


Bye Bye Ibill Bye Bye Recurring

Kiss Kacy welcome to Oprano...

:-)



Mike AI

From: <Melissa@BillinGuru.com>
Subject: ibill being sold for 6 Billion!!
**********************************

haahhahaahahahha,
some folks English Comprefension is much worse than mine
;-)))

ICPT's market cap is only Mkt Cap
669.5M
http://finance.yahoo.com/q?s=icpt+&d=t

hahahhahahahah,
Billing Guru,
Nobody is Beter than YOU,
that;s for sure!
;-)))

hhahahahahahaha
;_))))

Serge

Thanks Edd! It fits perfectly! =o)
Anthony (Lord Darth Mailer)

I also agree with nick on this.

everything will be done inhouse. where as before ibill had to outsource alot of the transaction.

More secure.. yes.
harder scrubing?
Higher rates?
Tighter Restrictions?


R3K

Dantheman,

Please contact me at the office.

Thanks!
Anthony (Lord Darth Mailer)

Hey Nick - our pleasure! Glad they made it there! Of course, the biggest one is for Anthony! ;)
Edd (Opranautical Engineer) OpranoGuru™

Opti,

""bye bye ibill recurrings""

An example of the before mentioned selfsereving and agenda? ;))

Like shouting fire in a theatre,perhaps ;)))
Nick

Webfather,
""The so called "Leaders" of this industry are no leaders at all.""

I agree.but you left out "self-proclaimed" leaders.See Steve Sweets post yesterday for example.

One of my plans when I took over Condom was to make it a trade union.I brought in "collective bargaining" leading to better signup amounts for members and some other unionist steps.However I was so discouraged by the agendas and selfserving intentions rife in this industry that I transformed into the evil little shit I have now become :)

btw thks for all the shirts Oprano :)
Nick

re:ibill

I see this aquisition actually making ibill customers more secure in the long run,as there accts are now underwritten by a plc with a mkt cap of $600m+.But who knows,time will tell....
Nick
Wed, 20 Mar 2002 10:59:40 - IP: 208.181.212.135 - Post # 67025
*********************************

I like Nick's spin on this one... "bye bye ibill recurrings" sounds far too scarey to consider

somethings on the way mr. mutt
Optional Get your IBill recurring portfolio insurance here

ummmm... Bye, Bye you're lost! What do you think they were buying??? Their out-dated technology isn't worth anything..... it's their customer contracts and the RECURRING revenues! NOBODY is going to hand out databases totaling $400mil/year in revenues.... doh!

bpj

Yes, BUT...you can wash a lot of dirty transaction with "$5bln in annual transaction volume"....lol ;-)))
----------------------------------

Very True, But i hope they know what they have coming, those small banks with only 20 merchants are not going to roll with that.
I actually have a hard time believing ibill still had a 40% overal growth last year.

I cant wait to find out what the ending cost for ibill is going to be.

Will we ever know the real cost?

R3K

re:ibill

I see this aquisition actually making ibill customers more secure in the long run,as there accts are now underwritten by a plc with a mkt cap of $600m+.But who knows,time will tell....
Nick

Read the papers, it's an epidemic and the press makes no distinction between US and THEM, they call it all cyberporn.
*******************************

Mutt, It is no surprise and this industry is gonna get exactly what it deserves. The so called "Leaders" of this industry are no leaders at all. Since 1997 they have balked every step of the way and it seems foolish to ME cuz it is THEM that have the MOST to lose.

I think there will be some MAJOR surprises that come along in the next few years. I think online porn will look a LOT different in 2005 than it does today.


Webfather

This Ibill deal is very shady....

Reverse roll up....
they never work out.
Just ask igallery
Jimmyslits

READ THIS.

They buy ASSET's, not the company? not the LIABILITIES? Gee any liability if they stop billing ADULT transactions. Would anyone sue, ha ha ha. Anyone want to bet how soon after the sale if final before the letters go out about where to pick up your recurring databases. I am sure they will not come up with bullshit reasons not to send your reserve dollars back, or your last checks.


IBILL IS NOW LEFT THE BUILDING

InterCept has entered into a definitive agreement to acquire the assets of Internet Billing Company, Ltd. (iBill), a Ft. Lauderdale-based provider of transaction processing for Web merchants
Bye Bye Ibill Bye Bye Recurring

Easily done if their customers are now being billed buy a "new" company name.... ;-)

bpj

opti what's up? lost your email address with my hd disaster, send me something please.

U.S. Customs Broadens 'Operation Candyman' Child Porn Probe
http://www.opranoplus.com


mutt

BPJ,

Not so sure about that. What about Visa looking at SIC codes?

Maybe Clay can comment on this.
Wig

I have BBC world service radio going and they have just done another global CP bust.. some group calling themselves the brown table.. 20 people arrested in 5 countries.. UK, Sweden, US
Optional 8

ya know what i notice with a new monitor? How shitty web graphics still are! My old monitor was like a smoky dark honky saloon at closing time when the homely magically turn into honies. This fresh monitor is like broad daylight and everything is either jagged or fuzzy.

I think i have the monitor too close.
mutt

When they get into the adult industry they better have a solid foundation for the level of C/B they are about to get hit with.
***********************************

Yes, BUT...you can wash a lot of dirty transaction with "$5bln in annual transaction volume"....lol ;-)))


bpj

the KP issue is going to kill this industry. Read the papers, it's an epidemic and the press makes no distinction between US and THEM, they call it all cyberporn.

Which makes MikeAI right all along, the cockholsters are and WILL affect YOUR ability to make a living slinging porn online. Processors who bill for KP and pseudo KP teen model sites should be on everybody's shit list.

Same goes for the rest of the stuff on the edge, beast, scat et al. It affects the 90% of us who just want to make bank selling tits and ass. Serge should ask Larry Flynt which is JOB #1 in his life, Free Speech crusader OR Businessman. Larry is a Businessman first. He's pulled back the reins himself and has told others to as well. Flynt wants to stay in business for the long haul. So do most adult webmasters. The cockholsters don't care.

mutt

Thanx Mutt :)

Very cool programming idea on your part! Keep people partcipating. Maybe I might be better off with the random picks since that how I am picking anyway, lol
Kacy Get Naked with Me :)

coolio

;-))
R3K

I think that the rumor may have stemmed from this. Possibly EPX (who processes for paypal) was going to purchase Ibill and InterCept stepped in. I personally think that EPX was purchased solely for their platform and ibill for their revenues. They stated that both ibills and InterCept’s transactions would be moved over to EPX . But they kept referring to using their (InterCept) same merchant accounts. When they get into the adult industry they better have a solid foundation for the level of C/B they are about to get hit with.

Wig: I listened to the Conference call that was streamed @ 10am EST.. they have a archive up.. hold on ill get the url
R3K

R3K,

I found it. ;-))
Wig Check it out!

Kacy you are still in the hoops contest. I gave out default random picks to people who didn't get any in for the last round.

GET YOUR PICKS IN BEFORE YOU FORGET!
http://www.opranoplus.com/marchmadness

Everybody still has a shot at a some sweet cash and prizes.

Win 25 spiffy banners from the Aaaadultdesign.com team!
http://www.aaaadultdesign.com

Premium content from Fresh Webmaster Content. http://www.freshwebmastercontent.com


mutt

Yes, I clicked on MikeAI's tag line because I could remember the URL to the basketball thing :)

Ok, not sure if I should ask this here, but I had a question about about the contest and I am NOT a sports person, but thought this would be fun to play.

If I missed the 2nd round picks am I just totally out then?? I figured I would be, but I am still listed on the standings, so I'm not sure. Anyone know??

Thanx :)
Kacy Get Naked with Me :)

R3K,

Where are you seeing this?


Wig Check it out!

now the cookie comes out

The last questions was about the adult site of it.. they denied that it was thereason they bought ibill, but reminded everyone that they are aware of it, but are just a transaction company. the Question also asked about Visa and Mastercard pulling out of the online Adult industry and the dude got very deffensive and said thats an inaccurate statement.
R3K

ransacted = transacted
Wig Check it out!

Another thing that no one has
mentioned yet is that this was an
asset sale and not a stock swap.

Interesting, because I understood
that Ibill was having difficulty
adjusting to Visa's new rules of
reporting by URL for c/b ratios,
etc.

Looks like the only thing that was
ransacted was the contracts Ibill
has with its' merchants and the
associated recurring.


Wig Check it out!

A few months ago people were talking about that PayPal was trying to buy Ibill.
************************

Mike, I said that PayPal made an offer
to buy Ibill and that it made sense
that they might be getting bought out
given their recent posturing.

Looks like I was closer to the
reality than anyone observed. ;-))


Wig Check it out!

I wonder if this companies community bank network coupled with the ibill are trying to put together a real competitor to the CC stranglehold? and if so would that be good or bad for us?
===================================

They said they the do not have the infrastructure isn't in
place to go in that directions right now. But it is taking
them a bit closer.

R3K

Good Morning,Oprano :)
Nickatilynx (The Internet's No1 Crook, CERTIFIED!)

Just the other day Clay from Epoch was talking about PSPs, VASPs and aggregators.

The thread went on about how Visa/MC wanted to get rid of the "aggregators like paypal"

I wonder if this companies community bank network coupled with the ibill are trying to put together a real competitor to the CC stranglehold? and if so would that be good or bad for us?

Optional Do people really click taglines?