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Old 10-17-2014, 11:40 AM  
NewOldPlayer
So Fucking Banned
 
Industry Role:
Join Date: Jan 2013
Posts: 467
Quote:
Originally Posted by 12clicks View Post
this is why so many people fail. Instead of working, they're busy showing how little they actually know.
Prove me wrong.

You can't because you have been conditioned to trust processors without blinking. The processing business is unregulated. You're going to tell me that if they had a way to take extra money without anybody knowing, they wouldn't?

You really think processors get by on the piddly little 14%, when they can be earning an extra $ 500,000 to $1,000,000 per month by just skimming a sale here, and a sale there without anybody knowing? I'm not saying they are stealing EVERY sale they can, that would kill the cow. But just one sale per day, maybe 2 from larger sites, a small simple little skim that results in millions extra revenue. The banks have no idea, nor the website owner. If it can be done, it's being done. The basic business model is based on "how much money can be extracted from the consumer without destroying the consumer."

Wake up.
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