Visa cuts off 100 merchants for scamming consumers - Yahoo! Finance
Nothing new but hit the front page of Yahoo today.
Nothing new but hit the front page of Yahoo today.
what happens when noob merchants/advertisers get into an ez money game
No Visa No Rebill R.I.P its just going to snowball.
I don't know how the backend of re-bills really work.
But couldn't advertisers simply get new merchant accounts and keep on trucking - I don't see how re-bills are going to stop when, just like with adwords, they can keep on opening up new accounts. (Might be a bitch but I doubt it's a big deal.)
EDIT: I realize that it may not be as easy to just get a new account - but the point remains.
What bb_wolfe said.
... It's the top story on Yahoo! Canada, meaning it got at least 11 views or so..
The merchant account providers answer to the credit card companies, so no, they can't just keep reopening accounts if VISA/MC decide to shit on rebills completely.
The merchant account providers answer to the credit card companies, so no, they can't just keep reopening accounts if VISA/MC decide to shit on rebills completely.
what happens when people depend solely on shady shit to make their income also
No Visa No Rebill R.I.P its just going to snowball next Mastercard. I wont be surprised if they ban all Free trial rebills unless you are white-listed like a netflix or something similar. But I can guarantee you if you try an acai or tooth offer you proper fucked.
The merchant account providers answer to the credit card companies, so no, they can't just keep reopening accounts if VISA/MC decide to shit on rebills completely.