Sunday, February 19, 2006

Autosurfs Hit Hard

Well, it's obvious that autosurfs were hit hard with the whole StormPay saga. Some autosurfs had to close down. They couldn't possibly recoup the funds that were stolen by StormPay, who decided to freeze autosurf accounts with their spontaneous assumption that they are ponzi schemes. Actually, I believe they had a predetermined plan scheming out how they could find a way to "improve" their funds. Like using a "third"-party verification system to extract fees from members now in exchange for reduced fees.

Payment processors can be unpredictable or inadequate in certain areas. Of course, it's impossible to meet everyone's expectations and companies like to protect their bottom line.

What can we learn from this? When money is involved, things can get hairy.

Don't put all your cards in one deck (or eggs in one basket). Make sure you're not dependent on one single source, unless that source is really dependable. Maybe if you control of that source you could put all your cards into it. Sometimes there are also issues with diversifying too much. For example, it gets much harder to manage everything, and with the case of payment processors, it becomes easier to commit fradulent transactions.

It's good to see that there are autosurfs standing tall in the face of adversity. These autosurfs could have simply folded up and said "no refunds", but they did not.

An excellent autosurf to check out is eProfitSurf, which combined with its former sister site, auto-surf.biz. Merging all of those accounts must have been monstrous!

1 comment:

Anonymous said...

Hey what's up, just letting you know that someone from C.A. read your blog!

Regards,
Charles
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