Quote:
Originally posted by *KK*@Feb 14 2003, 12:34 AM
If what I heard today is even remotely true, it's not going to take til April.
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Whatever you heard, then I´m sure that some other payment system(s) could sell as good if not better than visa/mc. If just the processors would start to spread more of the risk by getting more local/national payment options, then we could see visa/mc drop from 80-90% of most websites transactions to prehaps 30-50% (if not even lower) - without loosing income!
Programs using Babenet are ok in my book - aslong as they do not try to hide the fact that they are "resellers"... The setup sounds really like how the dialer companies build their affiliate model - it allowed them for fast growth, however it ended with everyone having their own dialer program, and when some of the dialer networks closed, then alot of the dialer program owners were missing payments, and either had to pay out of their own pocket to their affiliates or close their programs/sites/companies...
As for the Babenet sites/tours price model - well I guess they know what they are doing, and if VISA/MC didn´t like or know about the model, then I´m sure they will eventually (that is, if there is a problem).