Quote:
Originally posted by Tipsy
Not really. That would suggest that the problem only lies with the fact that there's no sig which simply isn't true. Far too many businesses and companies take payment with no sig for that to have any meaning. VISA/MC's beef is purely with porn. They spout all the BS about high risk but it's not even that clear cut - it's high risk AND porn they have the real problem with.
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Exactly...
I bought 2 servers ( actual boxes) on an online auction. They called to get my credit card #, and just passed it ( about 2,000.00). Why isn't that high risk? It is as much as selling porn vids or memberships...
Visa/Mc are attacking the tip of the iceberg, the product that is the least defendable and as they succeed, they will continue till the whole iceberg melts...
Do you see them closing Paysystems, CCnow, Firepay, and so on... No, just the porn.