Question about that annual Visa/MC "high risk" fee
You know that $1000 annual fee that Visa/Mastercard makes adult sites pay to get bill processing ($500 per card) because they are "high risk"? Does anyone know if you need to get approval for both Visa and Mastercard at the same time or can you just do one to start? If you can do this, is one card more popular than the other among porn consumers and if so which one?
Personally I only use Visa for my purchases so I'm wondering if they're the most popular. I'm thinking of just getting Visa approval to start as a way to save some startup costs for a paysite I may be doing and then add MC later once the site starts generating money.
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