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-   -   Here's a shocker.. Yambo.biz news. (https://gfy.com/showthread.php?t=151462)

jact 07-10-2003 11:06 AM

Here's a shocker.. Yambo.biz news.
 
Quote:

We regret to inform you that Yambo Financials Ltd. (www.yambo.biz),
despite our efforts, will have no choice but to stop processing all
credit card transactions on Thursday, July 10, 2003. We were recently
informed by our european bank (one of the largest banks in Europe
and one of the last that was willing to work with Aggregators and \"IPSP\'s\")
that the Aggregators and IPSP\'s they work with are being closed due
to the pressure and administrative requirements passed down by
Visa/MC. By losing this merchant relationship, we have no practical
and technical way to maintain our current client database.
We are sorry for all invconveniences this may or may have caused to
your business and want to thank you for doing business with our
company.


--
Risk Department
Yambo Financials Ltd.
[email protected]

Yup, waiting for all the I told you so's and whatnot. :winkwink:

Brown Bear 07-10-2003 11:09 AM

yambo is the poor man's offshore solution

p00p 07-10-2003 11:21 AM

Quote:

Originally posted by Brown Bear
yambo is the poor man's offshore solution
is = was

Calvinguy 07-10-2003 11:48 AM

What will happen to the regular yambo? P2P payments?

greentea 07-10-2003 11:52 AM

shocking

[Labret] 07-10-2003 11:52 AM

Quote:


that the Aggregators and IPSP's they work with are being closed due
to the pressure and administrative requirements passed down by
Visa/MC.



Who are these others IPSPs that are being shut down?

I smell bullshit.

Veterans Day 07-10-2003 11:53 AM

Not surprised one bit. Boo-Hoo to all the ones who were using them on blind faith and goodwill

Brujah 07-10-2003 11:53 AM

Sorry to hear this. :(

StuartD 07-10-2003 11:54 AM

Quote:

Originally posted by [Labret]

I smell bullshit.

on gfy? Who'd a thunk it.

Shoplifter 07-10-2003 11:54 AM

AC Pay just changed their company name to EGS Pay and will now operate as such. This may be nothing, but obviously one wonders if they are somehow no longer able to operate as they did previously. I certainly hope not, as I have had nothing but great experiences with them so far.

funkmaster 07-10-2003 11:59 AM

Quote:

Originally posted by jact



Yup, waiting for all the I told you so's and whatnot. :winkwink:

... max, please unblock my IP NOW !!!!

PimpRoll 07-10-2003 12:10 PM

that fact that it was a .biz domain made me not want to deal with them.

jact 07-10-2003 01:02 PM

Oh and for the record I haven't been paid for transactions I settled through them, however they were promised to be paid. :1orglaugh

Mutt 07-10-2003 01:11 PM

Quote:

Originally posted by Shoplifter
AC Pay just changed their company name to EGS Pay and will now operate as such. This may be nothing, but obviously one wonders if they are somehow no longer able to operate as they did previously. I certainly hope not, as I have had nothing but great experiences with them so far.
don't come crying when this one goes down - all of these companies that are doing end around games with VISA are doomed. It's pretty obvious VISA now has this whole business sized up and is watching it like a hawk. Stay with the IPSP's who
are dealing with the situation head on, not trying to hide and finesse their way around VISA.

cafeaulait 07-10-2003 01:13 PM

If they had been RUSSIAN I would have expected it, but....! :winkwink:

NETbilling 07-10-2003 01:16 PM

That is sad. They were trying very hard.

Mitch

digifan 07-10-2003 01:18 PM

It sucks :(

digifan 07-10-2003 01:24 PM

Quote:

Originally posted by funkmaster


... max, please unblock my IP NOW !!!!

The site works and you can login.. and there are no news are posted about it at all.

Veterans Day 07-10-2003 01:30 PM

Quote:

Originally posted by digifan


The site works and you can login.. and there are no news are posted about it at all.

Take the money if possible and run. Odds are they will:glugglug

jpv 07-10-2003 01:47 PM

Mutt, why do you say AC Pay is hiding? They are facing VISA head on exaclty like Epoch, CCbill, and others did last year. The only difference was the rules did not apply to them a year ago. Now that they do AC Pay is changing everything to comply.

Tipsy 07-10-2003 03:43 PM

*shrug* They've still yet to screw anyone, just can't process CC's for sites anymore which is no big shock. That always was shaky at best.

The guy tried and fought against the odds. As long as he goes out with everyone paid money owing then bloody good luck to him. As far as I can see it still doesn't affect his secondary business of P2P stuff.

Can't see the point in bashing the guy until he screws people. It may or may not happen but it still hasn't happened yet.

O'Pezdal 07-10-2003 04:41 PM

Quote:

Originally posted by cafeaulait
If they had been RUSSIAN I would have expected it, but....! :winkwink:
hehe they ARE russian
or were...
however they were good
it wasn't their fault...

max.yambo 07-11-2003 01:53 AM

Hello,

Just want to tell everybody, that credit card processing services WAS NOT and IS NOT our main and leading activity. Yes, we stopped processing for small and shitty websites (for those who know me personally - that is better to talk to me on icq - we still have a solution). Our banking services ARE UP AND RUNNING. In the nearest future we'll get an offshore banking license and will start acting as a real offshore bank.

Jact - you're just an asshole. I always wanted to help you whenever you had problems with yambo - and now you act like this? You'll get your money right today and please stop talking to me.

ONCE AGAIN - WE ARE NOT OUT OF BUSINESS.

max.yambo 07-11-2003 01:56 AM

yambo is the poor man's offshore solution
----------

Brown Bear, you don't know anything about what you're saying buddy :)

jact 07-11-2003 02:49 AM

Quote:

Originally posted by max.yambo


Jact - you're just an asshole. I always wanted to help you whenever you had problems with yambo - and now you act like this? You'll get your money right today and please stop talking to me.

ONCE AGAIN - WE ARE NOT OUT OF BUSINESS.

How exactly am I acting, Max? I posted your email here to let people know what was happening. I'm glad to hear that our transactions will be settled, look forward to it. As for me being an asshole, you're right, I'm an asshole plain and simple. I don't try to sugar coat it either.

Hansm 07-11-2003 03:31 AM

1.: You did remove paypal from all options in your interface
2.: You did remove western union from all options in your interface
3.: Creditcard options gone (This issue)

Whats next, Yambo out of bussines, i know this for sure? and you are always saying theres nothing wrong with us, i did talk to you much, i did trust you but not anymore.

Roald 07-11-2003 03:41 AM

http://www.adultdesignstudios.com/haaien.jpg

abdab_1 07-11-2003 04:00 AM

Its the banks playing god again, we were forced to change our bank as all of sudden they offered the same service and rather than compete openly with us wanted to kill our connection.

I feel for them its a tough world and all we are trying to do is make a living, god luck for the future. If you want to continue your financial arm contact me as I may be able to help you out with some contacts.

If not is your customer base up for sale as I am i touch with people who are in the process of offering this type of service and they may be interested in this.

Paul

freeme 07-11-2003 04:02 AM

Told Ya sooo

guess I do know what im talking about once in a while


sorry max


:1orglaugh

max.yambo 07-11-2003 05:08 AM

Hansm,

The problem that yambo can no longer satisfy your needs doesn't mean it is out of business. And I see no reason not to trust me. Have I ever cheated on you? Did I steal your money? I just told you - the service is no longer available. I am honest with you.

What happened to our processing/billing service, paypal payments and so only means that we are growing. Nothing else.

max.yambo 07-11-2003 05:11 AM

Jact,

---
Oh and for the record I haven't been paid for transactions I settled through them, however they were promised to be paid.
---

a small boy would do such a thing.

Za Ha 07-11-2003 09:26 AM

Not only are they down but the head guy does not know how to keep his cool even though he thinks he is running a bank!

Thats like a manager at my bank trying to yell at me, I would get that person fired on the spot. No professionalism.... :ugone2far

p00p 07-11-2003 09:31 AM

Quote:

Originally posted by Mutt


don't come crying when this one goes down - all of these companies that are doing end around games with VISA are doomed. It's pretty obvious VISA now has this whole business sized up and is watching it like a hawk. Stay with the IPSP's who
are dealing with the situation head on, not trying to hide and finesse their way around VISA.

ACPay is changing to comply with Visa, not skirt their regulations. They are not going down anytime soon.

assistant27 07-11-2003 10:55 AM

and will start acting as a real offshore bank

oo my god, what is gonna be next thing you will come up with ?

Venture capital company for nasa rocket project ?
:1orglaugh

jact 07-11-2003 12:02 PM

Quote:

Originally posted by max.yambo
Jact,

---
Oh and for the record I haven't been paid for transactions I settled through them, however they were promised to be paid.
---

a small boy would do such a thing.

Considering you promised me payment on July 4th (To be made on July 5th) and it (to my knowledge) still hasn't been sent, I think I have a right to make such a comment. I ICQ'd you yesterday and got no response, so I posted this, if you have a problem with it, answer your ICQ's once in awhile hey?

XxXotic 07-11-2003 12:34 PM

Quote:

Originally posted by max.yambo
Jact,

---
Oh and for the record I haven't been paid for transactions I settled through them, however they were promised to be paid.
---

a small boy would do such a thing.

a small boy would do such a thing what? make payments like he should? now run along and be a good little small boy and pay the people you owe money to.

wtf is with these 1/2 assed 3rd party wanna be fucking billers lately.

Veterans Day 07-11-2003 12:38 PM

Quote:

Originally posted by XxXotic
a small boy would do such a thing what? make payments like he should? now run along and be a good little small boy and pay the people you owe money to.

wtf is with these 1/2 assed 3rd party wanna be fucking billers lately.

Ummm, Thank You. Take your money and run. Or he will. You have been warned:helpme

Rich 07-11-2003 12:46 PM

Quote:

Originally posted by PimpRoll
that fact that it was a .biz domain made me not want to deal with them.
It was more the "Russian bank" aspect that turned me off. Moscow is not my idea of offshore.

alias 07-11-2003 12:55 PM

lol, what a surprise!

Calvinguy 07-11-2003 01:06 PM

Quote:

Originally posted by Rich


It was more the "Russian bank" aspect that turned me off. Moscow is not my idea of offshore.

They use a latvian bank


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