News on Verotel anyone?

[Squirt]

You know since my agregate merchang account was closed, then going to probilling, now Verotel.. I'm surprised at what I'm seeing at Verotel.

I just got my first collection check. Yes.. a collections check. They collect on NSF check purchases and give you half if/when they get the money! Woo hoo.

[Rainbo1956]

Haven't seen or heard anything about that and I've been with them for over a year now :err:

I'll check it out thouth

[Squirt]

Just goto your "My Money" section .. and under invoices see "Please read the news about special invoice 530060 on September 27th 2004"

I got something like $9 back on something they collected for me. Had no idea they had implemented the program until I saw it on my invoice.

The message reads like this

DDEU collected amounts (1 June - 27 August 2004)

Current legislation in some European countries allows the dispute of transactions by a customer and/or their bank. This means that the customer received their money back and a credit (refund) was processed in the Verotel control center. Verotel then contacts the customer directly and attempts to collect the funds on your behalf. Verotel takes 50% of collected amounts to offset collection activity expenses. The balance is paid to you periodically, as funds are collected, on your invoices.

[Lee]

You know, i really am surprised they have lasted this long.

I had them down for closing shortly after the last bunch of processors did :eek:

Regards,

Lee

[Squirt]

Originally posted by Lee
You know, i really am surprised they have lasted this long.

I had them down for closing shortly after the last bunch of processors did :eek:

Regards,

Lee

Same

[basschick]

not me - they were closed by visa u.s. they were all u.s. processors, who tried to get away with something by claiming to be in uk.

i believe verotel will be closed down, but visa eu hasn't really finished figuring out what they're going to do.

[Squirt]

Anything is possible. I'm not foolishly complacent that's for sure.

It's unfortunate that legal, legitimate businesses are being persecuted like this. It should be illegal.

[CJ-KJCash]

I agree. It is getting harder to find a processor than it is to find members.

I hae been wondering about verotel. I heard a while back from a friend that owns a big tgp that some of their checks had bounced, but never knew if it was true. And then assumed it had not been when i saw nothing in the news or on the boards about it.

I currently looking for a processor that can handle asian tranasctions and have the signup page in multiple languages, at least japanese, korean, and chinese. Anybody know where i can find that??

[basschick]

i know lots of people who have had checks bounce from verotel. as far as i know, verotel did make good on them all.

there is a japanese option on epoch join pages, and they accept JBC. here's a direct join page link - you can see it in action:
https://wnu.com/secure/form.cgi?o62+...code1=ABG23621

maybe this language defaults by country. i don't know...