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Originally Posted by debsdeepthroat
well I dont know how many have actually "gone down" or if its a matter of not paying affiliates and they are still running, either way though
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I only read about one company go under and reviewed the list of non-paying affiliate programs. I hate to jump to conclusions and say "these" company have gone down... But I can say some "these" programs I am sure are affected by the change in high risk processing.
I am sure you all know EU acquirer have pulled their High Risk portfolio. GFY has had a couple different post on this issue.
There is an enormous amount of merchants who are panicked and scrambling for processing accounts right now. These Merchants are typically larger merchants who had direct relationship with the banks. It's not that they are out of business..... they are searching for the right banks right now.
For you.... increase of sales- larger programs might not pushing the volume. (who knows) My thoughts- Things will be back to normal in the next couple of months.