My
Credit cards are alien to most of the world - < 25% of Europeans have them. It is paradoxical that somehow our profits and business in large part depend on them.
Those of us who have been in for awhile probably realize this -- but the big problem is the easiest market, the US market, has no viable alternative. We had PayPal, who owes me $2000, and IBill 900, who owes me $4776 for sales made in 2002. After what most of us went through with those two, trusting any alternative for US markets is difficult.
Those left standing in CC processing are scrubbing so hard they virtually ask for penis size to process a card.
Let me say outright, without detailing experiences - I will not trust US-based companies with processing. EU companies I have dealt with admit problems, sometimes before the problems happen. American companies, you don't get paid for a few weeks and have to ask.
CC is virtually dead as a viable option. Which to a large extent means the US market is dead because of it, and competing in EU markets is tough. Until the political situation here changes, this will be the case.
Many of those who post here go on "hope PayPal doesn't check on my transactions" mentality. If any US processors are left by November, I'll be surprised.
-doug