Got into a interesting discussion recently. there are lots of programs that have moved to their own merchant accounts recently, and there are some *interesting* things on some of their signup forms, god bless their hearts, and you can see payouts stretching.
8 years ago or so, babenet and a few others helped discourage banks from openly taking high risk business, thats when companies like ccbill, ibill and epoch flourished and in recently months this has seemed to change and banks seem much more open issuing mids and youve see programs moving to their own merchant accounts.
with the companies starting to taking advantage of this climate, i can only imagine the banks pulling back like a rubber band when/if the shit hits the fan, especially when they are still having the problems from overextending the mortgages. Just a few weeks ago an adult-friendly bank in CA lost their ablity to proceess high risk adult.
It would be interesting to hear mitchs take on this privately, as netbilling is the main merchant account provider for adult, they are the ones that made it simple to get a merchant account and helped them flourish, would be interesting to see the results of a few reports run off that data
