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Chargeback is significantly an issue due to scummy business practices in use by enough of the websites. $1 trials that auto-renew at $100 per year and other suc
by techdragon 6y ago
Chargeback is significantly an issue due to scummy business practices in use by enough of the websites. $1 trials that auto-renew at $100 per year and other such predatory credit card pricing tactics. There’s a significant percentage of the industry that is reliant on these tactics to survive and it results in the huge difference in credit card chargebacks compared to other industries.
That said this is a situation that is slowly improving thanks to competition. However this is likely going to be a stain on the porn industry for decades after the problem is mostly gone due to the way the financial industry does risk analysis.