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Handling monetization... URGENT ISSUE

Discussion in 'Black Hat SEO' started by Expertpeon, Jun 3, 2011.

  1. Expertpeon

    Expertpeon Elite Member

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    Site has exploded in the last week, somehow the site is #1,#2,#3 (different pages) for one of the most profitable keywords in e-commerce and sales exploded yesterday to 10,000/day gross 9300/day profit ish (all legal)

    Our payment processor is certainly going to ban us very soon (only approved for 500k/yr)

    What channels can we use to funnel this? We need a FAST solution.
    Paypal acct was frozen about 3 hrs ago (40 something orders in 1 hr with average ticket >$100) luckily I moved this before then

    Gateway was shut down for 3 hrs from 8-11 and inbox received approx 100 "payment isn't working" emails. Seriously need help
    Specifically looking for a stop gap solution, don't care if they charge 8% of the transaction as long as they pay and won't blink until we find another merchant processor or up our limit
     
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    Last edited: Jun 3, 2011
  2. DaShow22

    DaShow22 Newbie

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    What an awful problem to have! :rolleyes: You can use my paypal acct. to send payments and I won't charge you anything! Just kidding! Congrats on the success!
     
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  3. Sundace60

    Sundace60 Registered Member

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    Can't help solve your problem, but congratulations with your problem!
     
  4. Ranko Jones

    Ranko Jones BANNED BANNED

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    Donate all to charity this instant.
     
  5. Expertpeon

    Expertpeon Elite Member

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    I think I've come up with a week long solution at least.

    site--->CPA referrer to 1 of 5 payment processors (diff accounts) through 5 different sites

    Going to be a bitch to set this up
     
  6. pigp3n

    pigp3n Newbie

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    you are going to need a real payment processor. Contact your bank and find out who they recommend. They may even do it.
     
  7. bstsystems

    bstsystems Regular Member

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    What did you do to get the pages to rank that high for those keywords?
     
  8. mbluth

    mbluth Newbie

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    ccbill?
     
  9. SuperLinks

    SuperLinks Elite Member

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    Thats a tough one, I've run into similar problems before but honestly most take a while to get up and running.

    I'll ask around though for you. Your idea may be the best one yet, rotate in payment processors, but as you said, thats gonna be a bitch to manage.
     
  10. cloakndagger

    cloakndagger Power Member

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    You could get people you trust to set up merchant accounts and rotate those.Well done on your success btw those are VERY nice figures.
     
  11. nickvincente

    nickvincente Junior Member Premium Member

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    it depends what products are you selling, there a lot of good merchants on the internet, what are your goods?
     
  12. blight12

    blight12 Regular Member

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    Get multiple offshore merchant accounts and a gateway that does automatic load balancing across all the accounts. 4 merchant accounts should keep you safe for now. I've PM'ed you links.
     
  13. RuleTheWorld

    RuleTheWorld Junior Member

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    That's amazing congratulations on your success mate!
     
  14. Autumn

    Autumn Elite Member

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  15. johndea

    johndea Regular Member

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    What did you end up doing?
    I'm curious.
     
  16. Expertpeon

    Expertpeon Elite Member

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    Please PM me do not bump ancient threads.

    I was able to bypass the issue by setting up a series of dummy sites and trying to push as many customers to the merchant account as possible.
    We did get banned, but we set up a merchant account inside a month that authorized us to do this volume with a 5% reserve. We in fact wound up using quite a popular Merchant service for this site, not one of the ipaydna "high risk" ones that really jack up costs, it's a big US bank and we locked in 1.9% thankfully..

    We lose our e-wallet accounts (paypal or whatever we use) about once every 2 months... though only a minimal amount of money is ever trapped in them. Pretty much inevitable I suspect.

    Total revenue from then till now is slightly higher per month, but that particular site isn't doing the low 5 figures/day anymore (still very healthy though)
     
    Last edited: Nov 8, 2011