LMAO @ THIS THREAD and all of the misinformed imbeciles pretending to know wtf they are talking about and just making everyone else run around like a bunch of chickens with no heads.
Let me clear this up for you in one long post...
Rule 1:
Never listen to networks or other affiliates when they claim to know what the fuck they are talking about when it comes to processing, because 99% of them don't know dick. They just regurgitate what they hear and put it into pieces that sound like they know what they are talking about. Not all, but certainly close to it.
Rule 2:
If re-bills/continuity were nuked as this thread is claiming, then that would mean MasterCard and Visa would have to nuke clients such as Netflix or even magazine companies because all of that is within the continuity space too.
Rule 3:
Visa, MasterCard and American Express make money from chargebacks and every transaction processed, online and offline, in fact their entire business model from the merchant's end is made from fees that they dictate what rates companies will pay/be charged (discount rates by banks), when and how. There is no world organization (aka UN, INTERPOL, BBB, Jews or NWO BS) that makes the rules, THE card associations/banks make the rules. So what you guys are saying makes zero sense. They are in this game to make gobs of money, so why would they deliberately kill off the major source of their income when they have absolute control over the entire processing industry?! They aren't idiots like those in our industry.
Rule 4:
This is the last goddamn time I'm going to say this... the CONTINUITY/negative option side of our industry is not to blame. We all are. Banks, processors, advertisers, call centers, mailers, networks, affiliates, and even the pretend affiliates who spread fake news around and pretend to be balling but really just get sponsored to fly everywhere and say they are doing shit when they really know dick. EVERYONE. Consumers too. Feds too! Quit blaming everyone but yourself you dip shits.
Rule 5:
Most advertisers are imbeciles to begin with, so they deserve to fail, hard.
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Right now, MasterCard has added domestic processing (banks that process credit card transactions inside the US) for GRANTS to their shit list. Visa already added RezV and Acai to their shit list two months ago for domestic and international. This isn't a major blow to the industry by any means. A major blow to the industry would be "no more trial periods" by Amex, Visa and MasterCard for domestic and international processing. If that were to happen, which it probably should as much as I don't like to say it, then you can run around claiming the sky is falling, but all it would do is tighten things up and probably cause much needed regulation for this fucked up industry.
Self regulation won't work, the strong greed factor by too many raging imbeciles is just too easily accessible and rampant. We are all the cause of this unfortunately, so we've made our bed and now we're being forced to lay in it. Good, its the way things were going anyway. Survival of the fittest and smartest are the few who will prevail in this game thankfully, I just hope I'm retired and far far away when its all over with.
