Quote:
Originally Posted by mynameisjim
My thinking is this, CC Bill makes its money off the transactions, not from monthly fees or anything. If it was true that everyone was seeing declines of 40 - 70%, CC Bill would be on the verge of going out of business. I don't think that's the case.
Not sticking up for CC Bill, but if this anecdotal evidence was true, and I've seen it for over a year, CC Bill would be out of business by now if they have cut transactions by 50% or more month after month.
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Of course that's how they make money, they make a nice chunk of every sale and rebill. but why would they go out of business? they are feeling the pain just like everyone else though.
This problem is everywhere, not just CCBill. I've talked to plenty of affiliates taht push a wide variety of sponsors. As well as other paysite owners, and everyone is fucking feeling it.
They are lying if they say they are not.
Fuck, look at the major fucking corporations going out of business and bankrupt. You think we're immune to it? lol
Number one problem is the fucking economy, people are dam sure spending less on bullshit like porn or anything else frivolous,
we all know what the number 2 problem is