Quote:
Originally posted by Elephant_Gut
Well hopefully Epoch makes it through okay and can resume their regular payments. But I dunno. Not a good sign...
I also find it ironic about all the negative posts against Verotel and Glo-bill recently, mostly rumor mongering. My Verotel and Glo-bill checks continue to arrive on time, like clockwork, knock on wood. Meanwhile, iBill, Epoch and Jettis all get fined up the wazoo and now Epoch is having 'cashflow' problems.
But Visa and Mastercard are the real villains here. They are using their God-like powers to just single out and stomp on an enitre industry. Screw 'em!
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Agree with your reference to Verotel and Glo-Bill. In the past few weeks the haters were bashing 'em with unsubstantiated rumors and conjecture about this or that compliance issue. The only companies definitely out of compliance are those that are getting fucking FINED. And it seems that chargebacks are what's doing it: iBill, Epoch, Jettis, Websitebilling....the list goes on.
As long as webmasters continue to want to hide rebilling in tiny print, and screw over the user and as long as major processors allow that, Visa/MC are just going to continue to smash our industry.
What will we tell our grandchildren when there is no porn industry left for them to inherit?
