chris

I know in adult for visa it is 750

who do you process with in mainstream?
what cost did ya have?
monthly fee's?
any min's?

TY

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Josh Winters

Chris, what is it you are looking to process exactly? maybe i can help you out.

chris

cd's and t-shirts and maybe some ebooks later on down the road

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Josh Winters

Hey Chris

chris

we can process that for 10%. check out
http://www.webstream.net/services/eb...ent/processing

let me know if youare interested and i will send you some docs.

BigDickMike

What makes you think a merchant account used for processing adult content is any different than processing tshirts? There isn't. Setup an llc with name like supercool holdings llc, and you don't have to tell them anything else. i don't understand why everyone looks for "specialized" adult processing, when all they are doing is giving away their money to people like the stuge that wants 10% which is a total ripoff.

Josh Winters

yo BigDick

there is a huge billion dollar industry built on what you are dissing.

there is no need for name calling either...especially when butting in to someones exchange.

Get a grip.

BigDickMike

don't get mad because i outed your fake reseller cc processing industry that doesn't need to exist and is a fraud. no one needs your services anymore, they are just too lazy to do anything about it for now. i myself have already changed processors, and i'll be keeping what used to be your share of my profits; thank you.

get a grip? stop crying like a fucking baby. your just mad because your "industry" is just a sham for taking a percent of peoples profits that they don't need to be giving away. all they need to do is properly shop for their merchant account.

pam

I can get you a merchant account for under $100 with a 3% or less discount rate. Monthly fees are generally about $10 and the minimum is generally around $25.

Sure, you can set up a fake company and process adult, but once caught you're TMF'd plus they can go after you legally for a lot of money for Visa and Mastercard fines.

I've read a lot of horror stories on various merchant boards I belong to where a customer called the bank to inquire about a charge, the bank found out what was going on and they lost huge amounts of money in fines.

__________________

Quote:

Originally Posted by Baldbastard If your making money from USA based sponsors, then play by USA rules.

BigDickMike

I don't know whos friend of a friend of an uncle who knows someone who this happened to, but I don't know what "fake company" your referring to. There is nothing illegal with naming your company "super duper films inc" or "fine production studios" or "fuckmerunning.com inc" it doesn't matter. there is no such thing as "fake company", you register your lcc or file articles of incorporation with the state office, and with the help of an attorney. after your company is setup you go to the bank and they set you up with everything. I don't know why you think a commercial bank would view/treat my company any different than another. I don't know what you mean "caught", your simply operating a company correctly, how it should be done. what are you operating as a sole propietership or something? if you are, your going to be hurting big time when someone sues you (counties have obscenity laws), and the state takes your house and car because you didn't setup your biz correctly. don't say i didn't warn you.

there is nothing "fake", "caught", or illegal things about it. its simply how your operate a normal biz. why would you treat your biz as something it isn't? there is nothing different about it, just don't defraud people, and you won't have billing/chargeback problems. that is the only thing you could possibly be "caught" for, and that would be illegal anyway.

am i the only one on netpond who has a lawyer and proper biz structure? if so, your all opening yourself to probable liabilities.

pam

If you tell the bank you are mainstream and process for adult, that is against the merchant association terms. You are giving very, VERY bad advice to vulnerable newbies. There is a reason why high risk processing is different from mainstream processing.

If you set up your company as Joe's Sunglasses and tell the bank you sell sunglasses, and you sell adult memberships, that is against the banking terms of service.

If Visa catches you processing high risk transactions under a non high-risk account, you are liable for $25,000+ in fines for each transaction.

Most people who start paysites go with a third-party processor because they believe everything they read on adult webmaster boards, where people falsely state the costs are enormous and banks won't process for adult.

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Quote:

Originally Posted by Baldbastard If your making money from USA based sponsors, then play by USA rules.

BigDickMike

That's called fraud; again, you need to learn what is legal and illegal before you try to play know it all.

second of all, you should read the fucking topic and realize we aren't even talking about adult processing. I am talking about stupid hosting companies that try to resell cc processing to webmasters, and your talking about something completely different (fraud).

you should third of all, learn the first thing about cc processing, because you don't know anything about it. you don't know how applications for merchant accounts are considered, you don't even know about other factors such as credit history, length of time in biz, status of previous merchant accounts.

fourth, you should know that banks consider all biz that conduct even one internet transaction per month are considered high risk. also included in high risk category WITHOUT WEB PROCESSING are travel and cruise organizations and all related fields, biz that offer membership clubs (dvd rental or whatever), and also of course internet auctions.

now you know, so STFU already. your the one with a site with someone using a vibrator on the front page with snatch visible, then write 2257 not apply here. Then your using godaddy as your domain registrar, so they'll likely just take them from you any day anyway. also, your operating your domains under your own name ms. @#nter, which isn't smart because anyone could find that by doing a whois on your email domain, and finding out your don't use a corporation for your company holdings which is the dumbest thing in the world. sorry, i'm so honest.

Rand

Let's just be crystal clear here.

If you are talking about mainstream (non-adult) content then your comments through-out this thread are fairly accurate. But the quote above is mis-leading and I know a thing or two about online processing.

If you are selling T-shirts, which is a tangilbe shippalbe good, that transaction is coded with a certain category code. Selling pretty much *anything* online has a different type of code which carries higher costs and has more severe penalties if things go badly. But adult /audio text transactions (MCC-5967) are monitored seperately from all other types of transactions. As a matter of fact, if you sell 1,000 t-shirts and then process only one adult transaction then all 1001 transactions must be considered adult transactions. You can can not mix high risk and non-high risk transactions in your merchant category code. As Pam pointed out, there are huge fines for doing this and you will likley be added to the terminated merchant file (TMF) and if THAT happens you're done. No one can process for you and your URL's get black listed.

Now, if none of what I'm saying applies to you... fine. I'm making this post for the benefit of those who may be confused by some of the statements here.

__________________
--Rand @ Epoch >dot< com
ICQ: 207066243
My AdultWhosWho



Epoch - Since 1996

Liquid Minds

good post Rand,

just to add some extra info. Because of the different coding of the online transactions there are also different and usually higher rates for adult content. the acquirer charges us higher rates for those kind of transactions, so our customers have higher rates copared to lower risk transactions.

Kind regards,
Danny

__________________
Danny van Duivenbooden
Verotel B.V.
www.verotel.com
icq: 199-010-518