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Old 08-13-2003, 03:19 PM  
coolj
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Join Date: Oct 2002
Posts: 8
Interesting article. But I doubt globill was over the chargeback limit. My chargebacks will globill were essentially zero. Their antifraud tools were pretty good. Sounds more like Visa went after all the offshore billers who were not doing the $750 or maybe nailed them on some other technicality.

I wonder now how long Verotel and Globosale will last or if they are next on the chopping block. For that matter, I would not be surprised if the iBill's, CCbill's and paycoms also run into problems should visa/mc come out with even more stringent rules int he future. Seems like they want to strangle third party and have everyone use their own merchan t account instead.
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