ICC-Cal, which was forced to halt its online adult and gambling processing last year, hasn't fully rallied from a storm of problems it incurred in 2010.
The old adage is that vices are recession-proof businesses, but as many webmasters are aware, there is a big difference between a brick-and-mortar cash business selling adult services and an online business where consumer credit is required.
Israel Discount Bank subsidiary Israel Credit Cards-Cal Ltd. has been levied a fine of nearly $13.5 million dollars and according to some reports, may have its international clearing permit revoked by VISA Europe — and could even be ousted from the card association.
