Quote:
Originally Posted by pompousjohn
I am curious as to where the 12-18 month timeframe comes from. Is that how long you think it will take for the dust to settle on all the shady processing practices being purged?
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ive been around a long time (11 years this august) and i have seen many times like this and not just in billing.
this industry and people people in it and processing for it have a short memory. This too shall pass and the banks will calm down and loosen their risk management as they want more revenue. Things will go back to what they were and people in the biz will find a new way to skin the cat.
they always do
12-18 months is a good estimate. BUT be prepared for the next 6-12 months. there will be a huge amount of risk ahead for both programs and affiliates.
