Zombaio Announcement - GoFuckYourself.com

Barefootsies · 12-28-2010, 08:26 AM

Quote:

Dear Client,

Due to pressure from MasterCard we are enforced a rolling reserve program on our merchant accounts with 5% for 180 days. This is by a PM, dated 2010-12-17. The reason for this is that the size of the account is massive due to the forecast we have shown. The development for Zombaio went a lot better than planned.

Zombaio has the last 3 years been able to offer the adult market reserve free accounts, but that time is unfortunately over now. What we however are discussing is a reserve roof limit, which makes the 5% go down over time to in our hope 0.5% ? 1%.

The reserve we are implementing is 5% for 180 days effective 2011-01-01 for all clients accepting MasterCards. For clients *only* accepting Visa, there will still be 0% reserve. For clients with a current 10% reserve, this reserve will remain.

If you rather want a fixed reserve, instead of the rolling, please submit a ticket in the ZOA.

We are looking forward to year 2011, with 24/7 support, new payroll programs, EFT payouts, ACH payouts end EU direct debits. This will help you earn more money on incoming transactions, and save a lot more on outgoing payouts or payroll.

My very best regards,

T. Anderson

Seems change is a coming.

tranza · 12-28-2010, 08:34 AM

That's no good...

2012 · 12-28-2010, 08:36 AM

Quote:

Originally Posted by Barefootsies

Seems change is a coming.

pornguy · 12-28-2010, 08:41 AM

I would think that having that reserve IS good.

Barefootsies · 12-28-2010, 08:50 AM

Quote:

Originally Posted by pornguy

I would think that having that reserve IS good.

I'm already used to it between year with Verotel, and my own merchant account.

I honestly thought this was going to be the Zombaio announcement about them no longer paying the $750.00 VISA fee. They had hinted that would be going away soon.

marktruman · 12-28-2010, 08:51 AM

I hope they start allowing eu direct debits asap, would more than make up for 5 percent

will76 · 12-28-2010, 08:56 AM

I wonder if Mastercard has any other changes in store for wallet / debt card companies.

Wizzo · 12-28-2010, 09:01 AM

Quote:

Originally Posted by marktruman

I hope they start allowing eu direct debits asap, would more than make up for 5 percent

Add it from Webbilling at no additional costs to you...

PornAddict · 12-28-2010, 09:04 AM

Off topic, but Zombaio missed a payment due on the 22nd of this month. I emailed and they said that payments were running late due to holidays. This is a wire payment, not sure how late they can run... but 6 days seems pretty unlikely.

The amount wasn't substantial, but the fact that they're starting to miss payments makes me nervous. I may be opening up a CCBill account again...

Xxaru Media · 12-28-2010, 09:18 AM

Hmm... so does that mean they'd be reserving 5% of just MC charges, or 5% of all charges for anyone that accepts MC?

Evil Chris · 12-28-2010, 09:36 AM

Quote:

Originally Posted by Barefootsies

Seems change is a coming.

Sounds more like they are rolling with the changes.

CHARGER · 12-28-2010, 10:15 AM

Quote:

Originally Posted by PornAddict

Off topic, but Zombaio missed a payment due on the 22nd of this month. I emailed and they said that payments were running late due to holidays. This is a wire payment, not sure how late they can run... but 6 days seems pretty unlikely.

The amount wasn't substantial, but the fact that they're starting to miss payments makes me nervous. I may be opening up a CCBill account again...

Yeah i ve heard the same thing lately... in the past few days

looks like they havent sent a wire out since the 22th

B2BwithJoeD · 12-28-2010, 02:19 PM

Thanks, Jimmy!

No set-up fees or EU entity or bank account requirements to add the Webbilling.com non-card solutions - we pretty much complement any other processor you are using - happy to meet with you in Vegas and go into detail

marktruman · 12-29-2010, 06:36 AM

was due a wire on 27th, said payout cleared but still no sign

seeandsee · 12-29-2010, 06:42 AM

money is falling down

BIGTYMER · 12-29-2010, 06:53 AM

Quote:

Originally Posted by marktruman

was due a wire on 27th, said payout cleared but still no sign

Same here. I hope its just a holiday delay.

CyberHustler · 12-29-2010, 07:16 AM

All good things come to an end...

Vendzilla · 12-29-2010, 07:19 AM

Zombaio has been doing prety good for me, saw the memo, only 5%.

woj · 12-29-2010, 07:24 AM

could be worse, 5% isn't that bad..

BIGTYMER · 12-29-2010, 07:49 AM

Did anyone get the 12/27 wire?

PornAddict · 12-29-2010, 08:59 AM

Here's what they told me when I asked about a payment due on the 22nd

"We had some technical issues with the file uploading to our bank, usually this isn't a problem but with the holidays it caused a delay.

We apologize for any inconvenience this may have caused, you should receive this wire later this week or at the latest in the beginning of next week."

arock10 · 12-29-2010, 09:14 AM

how I understand it they also raised the low volume processing fee to 8.9%

So in a week they jumped from 4.9% to 8.9% + 5% reserve... thats a big jump

Zyber · 12-29-2010, 10:39 AM

Quote:

Originally Posted by arock10

how I understand it they also raised the low volume processing fee to 8.9%

So in a week they jumped from 4.9% to 8.9% + 5% reserve... thats a big jump

Bait and switch tactic

Despite that the signed contract says 4.9%
This move does not look good.

CHARGER · 12-29-2010, 11:08 AM

Quote:

Originally Posted by PornAddict

Here's what they told me when I asked about a payment due on the 22nd

"We had some technical issues with the file uploading to our bank, usually this isn't a problem but with the holidays it caused a delay.

We apologize for any inconvenience this may have caused, you should receive this wire later this week or at the latest in the beginning of next week."

correct they havent sent out any payouts since the 22th

BIGTYMER · 12-29-2010, 05:56 PM

Quote:

Originally Posted by arock10

how I understand it they also raised the low volume processing fee to 8.9%

So in a week they jumped from 4.9% to 8.9% + 5% reserve... thats a big jump

That isn't cool... at all. That is total bullshit.

Weekly gross volume Rate (%)
0 - 1000 8.90 %
1000 - 25000 7.90 %
25000 - 50000 6.90 %
50000 - 75000 5.90 %
75000 - 100000 4.90 %
100000 - 150000 4.90 %
150000 - 200000 4.90 %
> 200000 4.90 %

12-28-2010, 08:34 AM	#2
tranza ICQ: 197-556-237 Join Date: Jun 2003 Location: BRASIL !!! Posts: 57,559	That's no good... __________________ I'm just a newbie.

12-28-2010, 08:41 AM	#4
pornguy Too lazy to set a custom title Industry Role: Join Date: Mar 2003 Location: Homeless Posts: 62,903	I would think that having that reserve IS good. __________________ PornGuy skype me pornguy_epic AmateurDough The Hottes Shemales online! TChicks.com \| Angeles Cid \| Mariana Cordoba \| MAILERS WELCOME!

12-28-2010, 08:56 AM	#7
will76 Making $$$$ w/ ClickCash Industry Role: Join Date: May 2003 Location: USA Posts: 18,037	I wonder if Mastercard has any other changes in store for wallet / debt card companies. __________________ ICQ: 86364801 Email: will [at] innovativeassets [dot] com PROGRAM SHIT LIST - DO NOT PROMOTE (click link for gfy thread) FNCash \| Media Revenue

12-28-2010, 09:18 AM	#10
Xxaru Media Confirmed User Industry Role: Join Date: Jan 2008 Location: MIA Posts: 255	Hmm... so does that mean they'd be reserving 5% of just MC charges, or 5% of all charges for anyone that accepts MC? __________________ ICQ: 392432948 Need A Hosting Provider - Click Here

12-28-2010, 02:19 PM	#13
B2BwithJoeD Confirmed User Industry Role: Join Date: Apr 2004 Location: PayoutMag.com Posts: 1,390	Europeans Billing Europe! Thanks, Jimmy! No set-up fees or EU entity or bank account requirements to add the Webbilling.com non-card solutions - we pretty much complement any other processor you are using - happy to meet with you in Vegas and go into detail __________________ BLOG IT! How Will You Spend Your 2014 Profits? - PayoutMag.com Ask me About - Unique Processing and Marketing Solutions - Your Only Risk Is More Revenue!

12-28-2010, 08:51 AM	#6
marktruman Confirmed User Industry Role: Join Date: Aug 2004 Location: Europe Posts: 1,024	I hope they start allowing eu direct debits asap, would more than make up for 5 percent

12-28-2010, 09:04 AM	#9
PornAddict Confirmed User Join Date: Feb 2002 Location: New Jersey Posts: 1,401	Off topic, but Zombaio missed a payment due on the 22nd of this month. I emailed and they said that payments were running late due to holidays. This is a wire payment, not sure how late they can run... but 6 days seems pretty unlikely. The amount wasn't substantial, but the fact that they're starting to miss payments makes me nervous. I may be opening up a CCBill account again...

12-29-2010, 06:36 AM	#14
marktruman Confirmed User Industry Role: Join Date: Aug 2004 Location: Europe Posts: 1,024	was due a wire on 27th, said payout cleared but still no sign

12-29-2010, 06:42 AM	#15
seeandsee Check SIG! Industry Role: Join Date: Mar 2006 Location: Europe (Skype: gojkoas) Posts: 50,945	money is falling down __________________ BUY MY SIG - 50$/Year Contact here

12-29-2010, 07:16 AM	#17
CyberHustler So Fucking Banned Industry Role: Join Date: Feb 2006 Posts: 23,783	All good things come to an end...

12-29-2010, 07:19 AM	#18
Vendzilla Biker Gnome Industry Role: Join Date: Mar 2004 Location: cell#324 Posts: 23,202	Zombaio has been doing prety good for me, saw the memo, only 5%. __________________ Webair died? Carbon is not the problem, it makes up 0.041% of our atmosphere , 95% of that is from Volcanos and decomposing plants and stuff. So people in the US are responsible for 13% of the carbon in the atmosphere which 95% is not from Humans, like cars and trucks and stuff and they want to spend trillions to fix it while Solar Panel plants are powered by coal plants think about that

12-29-2010, 07:24 AM	#19
woj <&(©¿©)&> Industry Role: Join Date: Jul 2002 Location: Chicago Posts: 47,883	could be worse, 5% isn't that bad.. __________________ Custom Software Development, email: woj#at#wojfun#.#com to discuss details or skype: wojl2000 or gchat: wojfun or telegram: wojl2000 Affiliate program tools: Hosted Galleries Manager Banner Manager Video Manager Wordpress Affiliate Plugin Pic/Movie of the Day Fansign Generator Zip Manager

12-29-2010, 07:49 AM	#20
BIGTYMER Junior Achiever Industry Role: Join Date: Nov 2004 Location: Walled Garden Posts: 17,066	Did anyone get the 12/27 wire?

12-29-2010, 08:59 AM	#21
PornAddict Confirmed User Join Date: Feb 2002 Location: New Jersey Posts: 1,401	Here's what they told me when I asked about a payment due on the 22nd "We had some technical issues with the file uploading to our bank, usually this isn't a problem but with the holidays it caused a delay. We apologize for any inconvenience this may have caused, you should receive this wire later this week or at the latest in the beginning of next week."

12-29-2010, 09:14 AM	#22
arock10 Confirmed User Join Date: Jan 2006 Posts: 6,218	how I understand it they also raised the low volume processing fee to 8.9% So in a week they jumped from 4.9% to 8.9% + 5% reserve... thats a big jump __________________ Sup