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What % of VISA earnings does our business represent?
i was just wondering...
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less then 10% id say..
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Very small compared to their overall volume.
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Real ballpark here.
Say Visa does about $1 trillion in debit and prepaid transactions annually. Then say internet porn sales are about $5 billion and say half of those are visa (compared to MC, checks, whatever) You are looking at about 1/4 of 1%. |
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so, should we worry about VISA going public? is that a fact? would it go public? aLe.- |
The last I heard it was 1%
But, chargebacks from adult were 40% of the overall chargebacks. |
Between 1-3%.
WG |
Isn't VISA a 3-4trillion dollar global company? So if globally we did 20 billion, that's like a half a percent. So I agree with colin, 1/4 of 1% sounds about right.
spunkmaster, our industry has a rather low cb %, 1 %. The standard merchant account has a much higher limit. Most department stores, gas stations, all types of shit, even more so around the holidays, can sky rocket in cb's - far past the levels of our industry. |
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coin is coin no matter where it is coming from. |
WAY less than 1% in fact its miniscule
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Little to none... less than 1%...:pimp
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multicolored machine tools.
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It is not a question on how big a % the adult represent of their global revenues, more how big a % of the visa cardholders use the card for adult services that is important :thumbsup
Then again more than 75% of the porn surfers today have no credit card (visa / mc or similar) to pay with |
We don't even show up on the map...
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:thumbsup |
if we left, they would never notice . . . except a vast majority of their problems would disappear.
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Ya people are missing something though.
Account for the interest rate the card user's are paying. I am willing to bet it comes to a pretty substantial amount monthly. Any Accruing interest rate is undocumented gold to Creditors especially these days as many people are well over 24% and the average "joe" lookin at 20%. However Adult transaction itself compared to mainstream I would say is fairly small when compared to the economic world as a whole. |
But then you can also look at it another way...
People pay Internet providers monthly an average of 70 bucks a month and use it to access Adult Entertainment ( Most of it free ). Many use there Computers daily to access stored adult content. A PC they own mind you that steals your content daily. I mean the line to where Adult Ends and Mainstream begins is a complex web of costs and here we all are today fuskering each other as each of us gives it away free. I would say the winners in all this are the major internet providers and creditors. The wealth in an Adult profession will never hold a candle to the profits made by those outside the industry yet attatched to the hip at the heart of it all to each of us. I would be willing to bet that if Adult was removed from the net ( Draconically Speaking ) the Internet would be a very boring place not worth really looking at except to get charts, data information and family albums and music videos. |
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Visa's numbers not mine ! |
tiny - a fraction of 1%
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