ICC-Cal Fined 9M Euros - May End High-Risk CC Processing

[Evil Chris]

Although not a doomsday situation, this likely to eventually have an impact on most webmaster's day to day operations.

Story here: http://business.avn.com/articles/36917.html



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[tommypimp]

I posted this news already, but anyway it's worth to know it for everybody.

[Iron Fist]

Sure doesn't help...

[LiveDose]

Chechik's response seemed right on. Almost 10% in chargebacks is extremely high. I'm sure they will clean up and get their house in order. Visa's not going to throw away those kind of revenues if the bank shows it is taking aggressive actions to comply.

[american pervert]

Although not a doomsday situation, this likely to eventually have an impact on most webmaster's day to day operations.

Story here: http://business.avn.com/articles/36917.html



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according to 12clicks this doesn't matter, it's actually a good thing and everything is fine.

carry on, nothing to see here.