Quote:
Originally posted by shap
Lenny,
I agree -- however i believe danni pays $30 per signup.
The problem is Pay Per Signup programs. I'm not saying these big guys are scammers intentionally. However, their whole business model is built around screwing someone over. Whether it's webmasters, surfers, processors, someone is getting fucked but one person not getting fucked is Visa. Epoch said it best, pps business model is not one they encourage. It's simple. It attracts the wrong people to do business with you. Open up a partnership program and stand behind your product. Dump free trials, dump trials, dump cross sales. Those are the people you want to do business with. They aren't scrambling, it's business as usual for them. The only exception, if they are like us, is the damage this will do to the processors. We aren't worried about our CB level. We are worried as to whether we will watch our processor go under.
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I was actually worried about the same thing myself....my top sponsor has a 0.2% CB ratio, but that won't do me any good if the processor goes tits up and I lose my rebills.
I was told that with the new visa regs (the ones that required everyone to register their company and urls)
IPSP's processes for sponsored merchants.
VISA will tell the IPSP to stop processing for YOU if you're out of compliance, and as long as they do that they'll still be good to process for everyone else.