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I'm a big believer that the next wave is going to be all about micro payments for porn. Where you click a thumb and a ridiculously small amount would be charged to your account. Pennies add up when you are dealing with tens of millions of people like the porn biz does.
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borrowing this from you KRL, good topic.
As an alternative option. Someone could create an adult industry currency, middle level between the VISA systems and merchants. Refunds if necessary could be in the form of this currency and eliminate actual funds being deducted and processing fees accumulating. Free credits in the form of this currency could be generously given to persuade customers from chargebacks. These credits would be more attractive if the industry accepts this model on a wider scale and they can be used in several places. People might be more likely to spend more of this "fake" currency. Could still use a recurring model and deposit the currency into members accounts like cell phone minutes.
There are some posts on this that were pretty interesting but since the search feature isn't working, can't locate them.
Or then.. maybe not.
