From LAMike on GFY...
Quote:
Due to the new Visa regulations we are forced to make some changes to keep ourselves in line with these new regs and still make a profit to not only insure our longevity but the longevity of the industy as a whole.
In the past as I'm sure most of you know we were aloud to have a 2.5 percent chargeback ratio that has now been changed to 1 percent begining october 1st.
Epoch has in turn made some new regulations that we must follow to and make changes on our end. We will now only be offering 1 easy click on our join pages and there will no longer be free ezclick joins. Not only this but the joins can be charged a maximum of $20 per month.
In order to help reduce chagebacks there will be less opportunities for cross sales and we will lower the monthly charge of $39.28 to our members to $29.28. This change will also have to be passed down in order to conduct some sort of profit.
Silvercash will be lowering payouts within the next week to $25 per join and $30 per join for those sending over a certain amount per period.
Its a time of change and the biggest change this industry has seen to date. I'm sure that other programs will follow as there isnt much alternative
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