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Evil Chris

12-04-2009 10:05 PM

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

...

tommypimp

12-05-2009 12:19 AM

I posted this news already, but anyway it's worth to know it for everybody.

Iron Fist

12-05-2009 12:20 AM

Sure doesn't help...

LiveDose

12-05-2009 12:32 AM

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.

american pervert

12-05-2009 07:59 AM

Quote:

Originally Posted by Evil Chris (Post 16616637)

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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