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Originally Posted by canplayer
wow, i wonder if people are realizing that any company that is aggregating accounts will get shut down. It's a Mastercard/Visa rule, Ibill, paysystems, etc... all suffered the fate, who's next?
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That is non-sense. Do you think Paypal will get shut down? As long as Paypal is in existence, the third party model will be alive. As long as billing companies can afford to place the astronmical security bonds (like Paypal has done), then the model will continue to exist.
And, if anything, the situation is probably getting better for billing companies because of the amount of litigation Visa and MC are facing. The card associations have suffered legal setbacks which hopefully will set precendants and curb their unilateral ability to reign terror on the adult industry.