Quote:
Originally Posted by robwod
Who said anything about banging cards?
I am saying that any adult merchant account that I have ever had over the last dozen or so years, ALL of them required a reserve of varying terms and %. To not expect a reserve for adult processing is simply naive . You can debate it all you want, but reserves in this industry are a reality and have been for years.
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Right... that is what I said. It is the norm in adult because everyone accepts it and does not fight it. Everyone is told *adult* is high risk... it's no higher risk then most other mainstream subscription sites. Banging cards by people we all know make it *seem* high risk, ridiculously high affiliate payouts make it high risk, but most adult sites are not.
But what's good for the goose, is good for the gander. So you have 1 bad apple, 1000 have to pay for it. That's all i'm saying.
Who do you think mandates 5%? The bank?? No, it is the third party biller or the gateway deciding 5%.