VISA new chargeback/credit ratios

Mike AI · 07-02-2003

I think Marc is right, there needs to be a business model change.

The "inflation" in this industry is what has helped drive us to this point. Programs had to keep increasing payouts to webmasters to keep them sending traffic, while at the same time had to make sure they made a profit. So they started banging surfers credit cards hard. Of course many
times the programs also shaved.

This inflation, has created a very unstable business model... one that VISA is about to slap down.

Maybe this will finally force the industry to reform somewhat I do not have much faith in the many cockholsters in this industry who have raped and pilaged in the past....

07-02-2003	#18
Mike AI Administrator Want to see your own Advertising Here! Join Date: Oct 2002 Posts: 11,618	I think Marc is right, there needs to be a business model change. The "inflation" in this industry is what has helped drive us to this point. Programs had to keep increasing payouts to webmasters to keep them sending traffic, while at the same time had to make sure they made a profit. So they started banging surfers credit cards hard. Of course many times the programs also shaved. This inflation, has created a very unstable business model... one that VISA is about to slap down. Maybe this will finally force the industry to reform somewhat I do not have much faith in the many cockholsters in this industry who have raped and pilaged in the past.... __________________ Make big money on your Domains! Why wait 40 days to get paid with the other guys? Parked.com pays the most for your traffic, and cuts checks twice a month!