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Discuss what's fucking going on, and which programs are best and worst. One-time "program" announcements from "established" webmasters are allowed.

 
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Old 06-18-2003, 07:57 PM   #1
Cassie
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Porn over 1bil a year

and the banks that make it happen

interesting read
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Old 06-18-2003, 07:59 PM   #2
Martin
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And people say the porn industry is dead pffffffffffffft.
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Old 06-18-2003, 08:02 PM   #3
FlyingIguana
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wasn't it suppose to be a billion a few years ago? i've seen so many different estimates, i don't know what to believe.
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Old 06-18-2003, 08:03 PM   #4
Cassie
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it so pisses me off that these people charging back do so without merit or guilt and what pisses me off even more, is the bank backs this and continues to let those who have charged back 20 times in 2 months keep their credit card. how hard would it be to implement a tracking system on those who chargeback often to see if the charges are actually "fraud"?

think how much time and money it would save and how the merchant would be protected (cause god knows these companies get paid no matter what!). i am sure a bundle of programmers could write such a program.
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Old 06-18-2003, 09:25 PM   #5
Rochard
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The porn business is much larger than most of us know about.

One month we noticed sales had dropped. We dug around, and discovered that there was a problem with one of the banks and certain credit cards weren't being accepted for some reason. Opps.
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Old 06-18-2003, 10:18 PM   #6
PANTYHOSE PROPHET
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Quote:
Originally posted by Cassie
it so pisses me off that these people charging back do so without merit or guilt and what pisses me off even more, is the bank backs this and continues to let those who have charged back 20 times in 2 months keep their credit card. how hard would it be to implement a tracking system on those who chargeback often to see if the charges are actually "fraud"?

think how much time and money it would save and how the merchant would be protected (cause god knows these companies get paid no matter what!). i am sure a bundle of programmers could write such a program.
Seems the banks don't want to solve the problem. They want their piece of the pie too.
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Old 06-18-2003, 10:19 PM   #7
EscortBiz
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It was 10 million 2 years ago but because 90% chargedback its now just $1 Billion
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