Thanks for the feedback. I've closed the service

Post by philwelch » Sat, Sep 25, 2010, 6:54 PM UTC

patio11 wrote: post #31

Raphael wrote: post #16

Earlier quoted context omitted.

Actually, one could leverage existing "points" platforms: give them something nominal in-platform, such as a game or virtual item, but also credit some points of your own. Then partner with many websites to make your points valuable (sharing revenue from the first platform when your points are spent on the websites).

You said the magic words: points are redeemable for money. Congratulations on your entry into international money services! Please send a truck around at your convenience to pick up the relevant regulations. Please make sure your convenience is immediately or we will seize your accounts and possibly prosecute you for money laundering.

Post by jasonlotito » Mon, Sep 27, 2010, 8:02 PM UTC

gommm wrote: post #28

jasonlotito wrote: post #19

Earlier quoted context omitted.

> The banks only want to drop you if you're attracting too many charge-backs, fraud, or money laundering. If you have a good system in place to minimize these problems, they will gladly take their processing fee from each and every transaction you process and they will do it with a smile. Wrong. I know this first hand. First, "banks" do not decide whether you process or not. People do, and these people are, in my exp…

If you can talk about it, I would love to read more details about this...