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Originally Posted by acratophorum
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.
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Are you joking? That is the reason ibill had its account frozen was for aggregating. I have 2 friends who've been processing for years and know almost everyone in every company. You think CCBILL has a long time left? Ibill planned to use their bank and got denied, the bank knows CCBILL has little time left as well. Can you process adult/casino/pharmacy with paypal? It's double standards but paypal has been allowed to operate so long as they comply to some rules.