[Mister X]

Seems like a rather stupid and useless idea. It's not going to help anybody that has trouble signing up with a credit card because you need a credit card to put money on it. If the system won't accept someone's cc to join a site why would it suddenly accept it to put money into this? These guys just don't think when they come up with this crap. And you can't rebill a debit card either. If somebody is worried about having a pornsite signup appear on their credit card statement then they're probably going to be worried about this thing appearing on their cc statement too, so that's not going to help signups either. It has the same flaws as paypal, i.e.: why use a credit card to put money towards something else if you can just use the credit card? The vast majority of Paypal transactions take place in cases where Paypal is the only form of payment accepted. It doesn't really take the banks and CC companies out of the loop, it just puts them earlier in the process. They still get their cut when the guy charges this thing up. When he signs up to a site I assume it would be like a pre-approved sort of thing and go through more or less automatically. But that doesn't make anything easier for anyone really.