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ICC-Cal Fined 9M Euros - May End High-Risk CC Processing ICC-Cal Fined 9M Euros - May End High-Risk CC Processing
Discuss what's fucking going on, and which programs are best and worst. One-time "program" announcements from "established" webmasters are allowed.

 
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Old 12-04-2009, 10:05 PM   #1
Evil Chris
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ICC-Cal Fined 9M Euros - May End High-Risk CC Processing
Although not a doomsday situation, this likely to eventually have an impact on most webmaster's day to day operations.

Story here: http://business.avn.com/articles/36917.html



...
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Old 12-05-2009, 12:19 AM   #2
tommypimp
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I posted this news already, but anyway it's worth to know it for everybody.
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Old 12-05-2009, 12:20 AM   #3
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Sure doesn't help...
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Old 12-05-2009, 12:32 AM   #4
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Chechik's response seemed right on. Almost 10% in chargebacks is extremely high. I'm sure they will clean up and get their house in order. Visa's not going to throw away those kind of revenues if the bank shows it is taking aggressive actions to comply.
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Old 12-05-2009, 07:59 AM   #5
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Quote:
Originally Posted by Evil Chris View Post
Although not a doomsday situation, this likely to eventually have an impact on most webmaster's day to day operations.

Story here: http://business.avn.com/articles/36917.html



...
according to 12clicks this doesn't matter, it's actually a good thing and everything is fine.

carry on, nothing to see here.
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