Quote:
Originally Posted by Squirtit
You're not worried about it?
Are you currently able to process adult transactions with BofA or Wells Fargo?
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No. I'm talking about using their new funds transfer service in the future when it goes 'instant.' The bank doesn't give a shit about what the money is for. In the very near future, how is any bank going to monitor millions of daily transactions of in coming and out going small transfers?
Pay pal can monitor sales because you use their buttons in your site and they can trace it. I'm sure they have spider programs running all the time to fish out adult websites using pay pal 'pay here' buttons. But with a bank transfer only using email, how in the hell will the bank find out it was for an adult website sale?
99% of the time when a member wants a refund, he will contact the website first and ask. If rejected, then he goes to the bank for a charge back. If I ever had a transfer sale in dispute, I would just refund it so no bank involvement.
I still see a possibility here when the transfer service goes instant.