Quote:
Originally Posted by 12clicks
This is about a certain bank getting caught with its hand in the cookie jar.
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Quote:
Originally Posted by OldJeff
Exactly what I was going to say.
That hand actually caused a chain reaction of Bank Audits in the High Risk space
Another thinning of the herd
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Yes this seems to be the case. The acquiring bank was involved and apparently shut down mass amounts of accounts, including some that weren't doing anything wrong (like mine). If they processed a certain kind of way - monthly memberships, perhaps upsells, perhaps cross-sells, perhaps certain kinds of links (dick pills, cams, dating, gambling, etc) - you got shut down.
Crazy thing is, most sites (myself included) tend to mirror what the larger, more successful sites do in terms of pricing, terms, etc. But even these larger sites are looking for answers and Visa is not providing them.