Quote:
Originally Posted by Tubevideditor
But how would it work for those site owners who rely on recurring monthly memberships with lots of customers?
There is no actual balance they can withdraw as a lump sum but do rely on getting paid weekly from Wirecard for those new memberships/recurring memberships.
If things turn bad, then a lot of repeat customers will be lost for those site owners.
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Many parts of online business could be involved. Maybe some affiliate programs i promote also use wirecard for their german customers, i don't know. Bet they are looking for other billing companies. Will cost a lot of money for some people. I hardly sell susbscriptions, so for me not much impact i guess.
Wirecard now even went to 14 euro on the stock market.