Originally posted by 2477 NACHA is pulling the plug on ACH Check transactions for adult. It'll happen within the next two months.
Holy shit, first NACHA, then Visa and Mastercard and we're completely fucked
How can you bill surfers if they cannot use cc's or checks
And don't tell me about dialers............
that is the most ridiculous b.s. i've ever heard, nacha is considering some new rules but it has nothing to do with adult specifically and nothing to with the internet specifically.
the new rules they are proposing are only in regards to who pays fees for certain kinds of failed transactions.
i guess it's possible that you could see the check processing % go up a few points because of it.
this is another example of people screaming "the sky is falling" when they dont know which way is up.
Originally posted by Hooper that is the most ridiculous b.s. i've ever heard, nacha is considering some new rules but it has nothing to do with adult specifically and nothing to with the internet specifically.
the new rules they are proposing are only in regards to who pays fees for certain kinds of failed transactions.
i guess it's possible that you could see the check processing % go up a few points because of it.
this is another example of people screaming "the sky is falling" when they dont know which way is up.
Good to hear that, but I checked that guy and he's also involved in the processing biz.
Take it for what you think it's worth.....I'm logging off now. If any one wants any info on the NACHA situation feel free to ICQ me. I'll respond on Monday.
And yes, I am involved in the processing biz. If I wasn't, I wouldn't have this information.
"There he goes. One of God's own prototypes. A high-powered mutant of some kind never even considered for mass production. Too weird to live, and too rare to die." -Hunter S. Thompson
damm that sucks, 2477 thanks for the early warning
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