For sure, its still early days on the web. The last 7 years or so have given some of the banks and big business time to analyze the mistakes others have made and hopefully learn from them.
Visa USA rules are purposely created to discourage IPSP's from existing. I would expect more to leave before I would expect to see new ones (of course there will always be some fly by night scammers coming along)
i imagine that recurring will end soon and that will make it even more difficult for a new company to compete.
A few years ago we were trying to develop a processing company. We had it ready to go..it was called 'Ncharge'. We sold it to FCI out of Seattle before it was even launched. Banks, even back then, were extremely demanding and strict. I can only imagine that their requirements are even more stringent these days. It's not impossible but I think it will require alot of resources..
Juicy, within a month I will have a solution that will take chinese money that will not have chargebacks. I think that kind of population will have some effect. All of the traffic that is tossed away.
Visa USA rules are purposely created to discourage IPSP's from existing. I would expect more to leave before I would expect to see new ones (of course there will always be some fly by night scammers coming along)
In a way, I'm waiting for the day they are all "scrubbed" :-) Then there may be some "real" court cases and a lot of thought into coming up with a "real" alternative, and better secenario.
Some "elements" of parts of existing systems have some basis of a future solution to card company control - but there is a long way to go yet :-)
Originally posted by phillyrich Juicy, within a month I will have a solution that will take chinese money that will not have chargebacks. I think that kind of population will have some effect. All of the traffic that is tossed away.
That would be incredible, if possible.
I've trusted my sites to them for over a decade...
I would love to see a co-op that was owned by the webmasters that did the processing for porn. Perhaps if enough webmasters pooled their money they could get a nice reserve going and put together a good processor. I have a kick ass script that is a virtual mirror of Paypal but just don't have the reserves to fund that kind of operation.
Originally posted by undermyspell I would love to see a co-op that was owned by the webmasters that did the processing for porn. Perhaps if enough webmasters pooled their money they could get a nice reserve going and put together a good processor. I have a kick ass script that is a virtual mirror of Paypal but just don't have the reserves to fund that kind of operation.
whats your paypal info? Ill send over the reserve money
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