Quote:
The chargeback programs may be rediculous.......they´re not new.
The 1% CB rule has been around for a long time now and even
when it wasn´t it was known that it was about to come.
Allthough it may sound funny.....I think if VISA and Matercard
would step out of adult/thrid party processing that it would be
less of a dissaster than many people actually think.
The demand for porn will stay so alternative payment methods
will arise. Let´s face it Credit Cards are far from ideal for internet
payments they were not made for it. The only reason they were
ever used is because so many people already had them.
Sooner or later they WILL get replaced by alternative methods
of paying that are suitable for internet use. If Credit Card
payments would stop it would mean that something needs to
be done. Right now the need is not that big because the CC is still
here. Once it´s really gone you´ll be suprised how fast there will
be an alternative.
Stopping CC payments will not stop the demand for internet
commerce therefor it would not be the end of this business.
Of course it will create some panic and a short term drop but
I can guarantee you that after the shock business will continue
as usual.
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That is true. And there are some new ones.