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Merchant account all the way. CCbill, Epoch and the rest just can't match having your own merchant account. Only possible downside is higher charges for chargebacks, but most of them are from affiliate fraud anyway and we keep an eye on it at all times so catch them early.
The "3rd party processor trust" thing is retarded. You would have to be an idiot to think that route will make you safe.
Also on the program side of things ask past clients of globill, websitebilling, probilling, and yes the one everyone thought would *never* die .. Ibill. If you think a 3rd party processor about to go bust will give you anything more than a day warning you have your head in the sand. Its a very risky business to be in.
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IW
Skype : blance8888
Icq : 15567120
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