Quote:
Originally posted by psyko514
Completely fair and not extortion.
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I would agree if the high risk chargeback was done by a per transaction basis, but in this case it is a blanket assumption.
On another note, I remember reading a post of a lady that owned an escort service. She would religiously have carbons and ID information of each client. (I may have the numbers slightly off) She continued to post that alot would hire an escort using a credit card and then chargeback the service. Each time she would fight the chargeback with the personal information and the signature and in a period of several years she only lost a handful of times.
Why not have a better service that made chargebacks nearly impossible? (I know that sounded dumb) Is there a way to harvest personal information that would prove the client bought the product? It sounds like there is a need of a merchant processor that is willing to fight each and every chargeback. Obviously a merchant doesn't since they make big bucks charging the client a fee. Another reason for adult webmasters to pool together their resources and fund a nationally chartered bank.