Quote:
Originally posted by Kimmykim
The horse is dead, please put down the stick and go on about your business.
|
Funny Kimmy. I remember this quote from you on this board when the Visa fees first hit.
The most important point of all. WHY this is happening. Well it's pretty fucking simple. You take a bunch of cheats and thieves, let them get access to peoples credit cards and then watch what they do. XPICS among others comes to mind for me, though I'll keep the other names quiet since alot of them still do business today.
It's not just Visa that is sick and tired of the fraud and the cheating, it's the banks themselves. 95% of banks DO NOT accept high risk transactions but due to the fact that they are grouped with other banks that do, they become potentially liable for losses incurred by the banks that do take high risk.
This is a high risk business, not a fucking free for all. Visa, and soon to be Mastercard, are well within their rights to do this, they are for profit companies, as are the banks that issue and acquire cards.
I guess your opinion has changed since you now work for Epoch?