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CAL bank (Isreal) stops processing most ecommerce transactions
Shap touched on this a few days ago in one of his threads, and it just happened, but CAL, one of the few banks that still aquire for high risk internet sales, had notified many of their merchants that they can no longer process for them. something like half a billion porn transactions a year that they can no longer settle
lots of people in this industry have/had merchant accounts at cal. huge programs running on their own merchant accounts, processors, merchant account providers
Huge news, you can imagine how many people are scrambling right now to find a place to process their cards
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