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Funny, I was just listening to Intercept's conference call from a couple of weeks ago.
The analysts were asking about IBill's high risk adult merchants, and the answer was: "We're not going after the high risk customer."
When the analysts asked what that meant, Intercept said they would take high risk, but only if the merchants complied with their rules.
When an analyst asked, "What's your typical customer going to look like?"
The answer was, "As far as our future, I think our customers will be a lot of banks."
I don't know what that means for sure, but adult didn't seem to be a high priority.
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