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I think this will be a good thing once the initial shock is over.
It will mean websites will have to deliver what they promise, make the CANCEL MEMBERSHIP button very visible and generally improve the service.
The credit card copmanies work on a business model of satisfying the client a lot of sites in this industry work on the model, the surfers and idiot and you can take him for as much as possible.
Less bad websites, means more surfers and more money for those left.
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