Quote:
Originally Posted by alf6300
In Soviet Russia, payment processor pay you for pleasure of processing!
On a serious note, you'd have a hard time finding skilled people willing to invest time, energy, capital, etc. on such a "non-profit" project for the adult industry....
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I suppose... but could organzie that processor as an independent entity with external banking types, and the thought of millions of dollars in savings may be enough of a motivating factor...and I'd imagine there might even be a little more effort at reducing chargebacks Sort of like group insurance. Webmasters and affiliates etc/ could choose to participate, or not and get their own IPSP.
And as far as having individual members processs their own charges? No way, would have to build safeguards into it....would have to check to make it is set up properly, is allowed by regulations, etc of course.
So, yeah, a lot of work at a way to address a recurring problem.