Quote:
Originally Posted by Barry-xlovecam
Those fees are there for a reason; The adult websites abused their rights to merchant processing with cross sales , credit card banging and other unethical practices resulting in their being classified as high-risk businesses based on loss ratios.
Sorry, but if you cannot afford the initial and yearly fees to the credit card associations you are uncapitalised and are too high-risk -- this is from a lender's POV and nothing personal.
|
There was a time, some will remember, when you had to buy a membership to the sites you were promoting and, in some cases, had to buy/license your own content to promote those sites. Thus, webmasters had a financial interest/investment into the sites they promoted. As a result, you had far fewer hobbyists as it was rather expensive to get started in any real capacity, especially with bandwidth being upwards of $10 to $12 per GB of Tier 1 bandwidth.
Anything under $500 / day on a free site and you were upset. 1k a day was expected as a minimum.
