Quote:
Originally Posted by rowan
Cue the guys saying "porn is recession free" ... can't sign up if the banks cap your credit limit to your current balance
This is where the non CC billing guys move in...
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Meh. Of course porn isn't recession free. The only things that are recession resistant are things people can't live without like food and water and warmth.
Anyhoo, I don't think this is as big a deal as most people think because I would guess that the majority of our subscriptions come from "credit cards" that are attached to a bank account (a debit card essentially).
Those cards will go through as long as people have money in their bank accounts.
What we've lost is customers who were buying with money they didn't have, or didn't have yet, which is the same customers every other business is losing also.
