I run a small group of paysites. This move is making me consider shutting down. I know it will *force* a lot of small website owners, similar to myself, out of business.
Visa has just made the market a lot more hospitable to large corporate sites, which ironically will mean more chargebacks, not less. (Don't tell me BangBus doesn't have a much larger chargeback ratio than small personal sites like mine.)
So, between now and the deadline, I apparently have to consider my entire business model. Is it going to be worth staying in business? With these high fees, and the increased risk from chargebacks, it may not be worthwhile to be a small webmaster anymore.
I think CCBill etc. should offer webmasters the possibility of dropping Visa, or even drop it altogether. I don't like the idea that they are rolling over as 90% of their customers get a thorough dicking.
|