Good points, Nathan. However, CC companies don't need to ban online billing to rock PPS' world. All they need to do is to either kill rebills or require MANDATORY notifications. If this is the case, it will be like the meteor that hit Yucatan, Mexico 50M years ago. It will change the economic dynamics of PPS so much that they either stop or offer MUCH MUCH lower payouts.
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Originally posted by Nathan
The problem in this industry is that 98% of the webmasters are scared of change and losing money. So yes, your analogy is good, the only way for something like DuoCash to work is for VISA and MC to say "no more online billing, PERIOD".
Now THATS a meteor... but CC Regs are not really.. its more like volcanos that one ;) It'll fuck up a few places but make others stronger in the long run.
There sadly is no "fix" to all this, it has to hit the industry strong and hard or nothing will change.
One of the few real fixes in my oppinion is ACH, everyone has checking accounts, or else they would not have CCs no? (Not sure if its possible to only have a savings account thats linked to a CC, not from the US myself) It just has to be made EASIER... AND there HAS to come a friggin biller that does COLLECTIONS, I can't beleive that they do not exist.
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