Originally posted by Lee
It only seems like two years Joe

Actually, how are processors handling the annual fee's for Visa renewals? Are any of them taking the payment out of our aquired funds or do they have to be sent in seperately?

Regards,

Lee
the visa regs came into effect nov 2002. We've already paid renewals once already.

The processors just take the annual renewal fee right out of your weekly check. One of them (epoch or ccbill) can't remember which one - takes 6 increments out 6 checks.

To answer your question more specifically - anyone that can't afford 750 registration every year doesn't belong in the paysite business. Free sites, TGP, AVS or badpuppy contributor type models is what they should be doing. Generally those webmasters weren't running paysites anyway.

Now the 1% chargeback ratio I do think had a big impact on how some people did business. A lot of companies stopped buying cross sells and actually had to make original sites with quality content in order to keep customers and keep their chargeback ratios low. which was actually a good thing imo.

So, i don't think their was a big impact at all. Just another 'the sky is falling' hype. Perhaps Rand or Patrick can give us their thoughts.