Quote:
Originally Posted by Lenny2
I also have a question for Chio.
I'm not here to stir up shit, you know I like you, but I'm sure you expected some close scrutiny and are prepared for it.
The last AVS system that used their banking/processing relationships to become an IPSP was adult check, and they failed miserably and all of the paysite owners who chose to use them were left holding the bag.
What have you learned from observing that experience and what have you done differently to ensure that you'll be around long term?
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Heya Lenny. I guess you mean powercharge? As far as I know it never launched (even in beta) I never heard one way or the other.
To answer you question we will keep a very close watch on our merchants, affiliates, and customers and try as best we can to detect abusive patterns etc. We will very tight screening of new accounts and excellent fraud controls for all three types of users.
I certainly know we will do everything we can to stay in business and not do anything to jeopardize our clients money.
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