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Other than the $750.00 rape fee - this is good news.
In the past honest webmasters have always provided an umbrella for larger thieving webmasters within companies like CBBill and Ibill.
In other words.. site#1 has a .05% chargeback ratio and thieving site#2 has a 4.5% chargeback ratio. Site#2 should be closed for obvious theft and poor business practices but when you average their numbers with the legit webmasters they are still allowed to process. With the new rules, Visa will be able to see who has the high chargeback percentages and address those companies on an individual basis ( shitcan them ). Visa is just taking out the trash and as long as you run a clean show this is good news for you.
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