Quote:
Originally Posted by Robbie
I can only imagine the incredible amount of background checks, regulation, and rules in force in order for a bank to acquire the ability to process credit cards.
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OK, if that is true, how is that a large processor like Zombaio, that processes Visa and MC can misappropriate funds and keep the public's money while still operating? There is no constant regulation and nobody is looking over their shoulders. No restrictions at all.
Like many online businesses, they are set up and once they are off and running, greed and theft set in because there isn't enough resources to keep an eye on the thousands of processors that have free range on processing and stealing.