Quote:
Originally posted by gruffy
Maybe sooner then you think. PayPal decided to cut out adult payments after being threatend with an anti-trust suit, I'm sure its on the list of options.
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Paypal did not drop adult because of a lawsuit. I was in San Fran last week for the Paypal Connect conference and the adult topic was specifically mentioned, along with fraud control and other aspects of the business model they use.
If you cannot manage fraud, then you cannot transact in the adult space on the web. Period. Amex got out because of it, a slew of acquiring banks either got out or went under because of it, and anyone else who doesn't understand or have a way to control fraud in the market will be on their way out the door as well.
It's pretty simple.