Quote:
Originally Posted by Tempest
I can use ePassporte to get access to porn? How's that? I wonder how many porn addicts have epass or even know about it..  |
You obviously have no clue that ePassporte is more than just a debit card we all accept our affiliate payments through... ePassporte is also used as a tool by processors to get around chargebacks. Say a processor has .8% chargebacks occurring and wants to lower that number... Instead of stopping processing they will make a deal with ePassporte to load an ePassporte "card" with the customers credit card for the amount of the transaction. Now if they chargeback they are doing it to ePassporte, NOT the processor. ePassporte is now assuming the risk.
My example may be too simplified or even possibly a bit off. Nobody seems to talk about it here, but it has been mentioned various times before in posts... but never the topic.