How will lower payouts affect you?

[pornJester]

In the long run I think this will be good for our industry. There are two main reasons for chargebacks I believe: one is that people just know they can do it, so they do. Second is because of shady practices by some paysite operators. Even though 1% is a tight number, I believe after a while our industry will gain more trust from consumers as companies start to clean up their acts.

Also though I believe Visa and MC need to crack down on those consumers who abuse our industry with chargeback reason one i gave above as this could play heavily with a 1% restriction.