Quote:
Originally posted by WiredGuy
What are your thoughts on the state of the industry in regards to billing models that we have. Think recurring will stick around or visa/mc or the processors will tighten up even more?
WG
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I think the next thing is the end of third party processors. I think visa will tighten up so bad that it won't even be profitable to process high risk transactions. I think the adult industry will also have to fight to be treated fairly in this area too.
I think everyone will be forced to have they're own merchant account, do their own fraud control, their own chargeback management, their own customer support, etc. Recurring won't go away. But we'll be forced to find ways to keep our surfers honest, and keep ourselves honest too.
Then again I tend to have extreme outlooks on things most of the time.