05-31-2003, 11:45 AM
|
|
|
Confirmed User
Join Date: Feb 2003
Posts: 276
|
Quote:
Originally posted by rnicey
Here's the way it's going to go. Either:
a) High risk will only be allowed to process via a licensed Visa gateway where they control the order pages and customer service. Merchant's will pay silly money for this or course and it will be insanely regulated.
b) Someone has to come up with a hardware style authentication system which has one time disposable ids. This is a long way off and would be expensive/nasty for the consumer.
c) Visa will stick their head in the sand, destroy high risk processing with fines and sly moves and the problem will starve itself away.
I'm betting on the last one.
|
Me too. |
|
|