Quote:
Originally Posted by AdultKing
NewOldPlayer, you're deluded.
There is a cost to process high risk, anything high risk will cost more - if you don't understand that you're a fool.
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Really? What is the "cost" ??? Can you explain it? Do you even know what you are talking about??
IF there is a charge back, the banks clean up. Banks don't take a loss on anything. They make money on charge backs out of your pocket.
So explain the "risk" ? You can't, because there is NO risk. The card charge goes thru at the time of purchase, or it does not. IF the buyer gets a charge back, the webmaster pays the fees.
So where is the Risk??
The Risk is somebody finding out there really is NO Risk and suing CCBill et al for financial fraud and abuse of the system.
Visa and Mastercard are not collecting the annual fees, CCBill, et al, is.
How else do you think Zombaio can waive the fee? BECAUSE THERE ISN'T A REAL FEE TO BEGIN WITH. IT'S MADE UP.