|
What I find funny is that over the past couple of years I have always been a very vocal advocate of ethical and fair treatment of the consumer. And what I always received back from this board was that the industry was fair...and ethical...and so on and so on.
Now, I see thread after thread saying things like "payouts will need to change due to new cc regs"...and on and on.
So, let me get this straight...nobody was ripping off anyone...but sponsors are now going to have to change the way they do business to reduce chargebacks. Hmmm...if you weren't ripping them off in the first place...why would any changes you make have an effect on chargebacks. And why would payouts have to lower.
Once again, 3 cheers for the CC industry for cleaning the scum out of this industry. And yes, a number of you are most likely reading this post right now.
|