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This week alone over 500 (yes 500) merchants who were running through Payemnt bureaus were switched off without any notification.
A lot of these were in Gambling,Adult Stuff and other Grey Areas (not illegal, just what some may call unethical)
About 50% are being considered for their own merchant accounts direct, rather than using the bureaus.
So what I am trying to say is, WAKE UP, it could be you, make sure you have Plan B, C, D etc etc.
No point having traffic if you can not take payments for your product/service etc
The acquirer/merchant provider is concerned that these people are looking to close their accounts and the possible chargeback implications in months to come.
I know of 1 merchant who is owed $75,000 (ouch baby)