It seems there's a rumour going around. Before going further I have no idea at all how accurate it is and don't know the source well enough to judge. However, given the shit last time and the fact that these things seem to happen last minute with little warning it makes me wonder...
The rumour is that in April VISA are changing again to require a security deposit (rather than fee) of up to 50k for each paysite. At the moment it sounds too extreme to me but then again before they happened the recent changes would have sounded extreme too.
IF (and it's a huge if) it proved to be true whay sort of effect would it have? How many sites can currently lay their hands on 50k of cash as a deposit?
As I say it's probably total bullshit but if not you heard it here first (maybe).
