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Old 11-18-2009, 07:57 PM  
XMerchant
Adult Merchant Accounts
 
Industry Role:
Join Date: Jun 2009
Location: Tampa
Posts: 416
Please read my previous post. I also forgot to mention that the $6,000 license fee is lost for ever as well. Oh Streamate knows all about the fraud, and we had a nice laugh about it even going as far as the CCBill checkout page.

As for the 300%. OK, their exposure to fraud is $3800 worst case scenario if not a single purchased minute was used in 6 months, they are keeping $10,000, so it's 263% to be exact (10000/3800).

Last edited by XMerchant; 11-18-2009 at 08:01 PM..
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