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Very sad to hear that people lost money. I lost when the credit card regulations changed and before that it was iBill I believe. Totally lost just a few grand but a friend lost fifty thousand dollars with iBill. Three months worth of profit gone.
Every few years a processor folds. I looked into opening one but they wanted one hundred grand up from with NO guarantee of return should they close. That was at least fifteen years ago and processing companies were popping up daily. Switzerland, Vietnam, Mongolia and other foreign countries were hosting unknown people to take our money. I remember daily threads about lost money and warnings not to trust your money with unknown people and banks. Bank of Swahili Territory or something like that made up bank name got money from people here.
Technically I know a way to process for adult industry projects but my time and money is limited. To get a backer would require me divulging this idea and they can take my idea and run. Legally I can get protected but the complications of lawyers and lawsuits are daunting.
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Anti-Semites have Small Penis Syndrome. The only known treatment is electroshock therapy combined with cerebellum removal. Fortunately, it’s a tiny procedure.
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