Quote:
Originally Posted by sextoyking
The hard part isn't the software, employees, etc that's all basically easy, the hard part is the banking relationships (on or offshore), fraud / security checks galore, etc, etc.
With all the new "know your customer" info required, ID checks, etc it's gonna be tough, but not impossible...
|
This is what makes it a very difficult thing to get into.
Then there is the issue of getting people to actually use the service and regain trust that this sort of thing doesn't happen with them.
Sadly, I foresee a lot of wannabes popping up and jumping on this, but I doubt any of them will be taken seriously or even used enough to be profitable. It will be like at all of the shows when there are 25 reps from different billing companies "getting into the adult arena" then never showing up again. There will be a lot of options, but hardly any (if any at all) GOOD options.