I dont think it will put people out of business as much as the amount of start ups who wont be able to afford another 750 USD..etc.
I find some of the new regulations to be intrusive as in remitting your monthly statements etc. Also, people should not have to open an American Bank account to do business from thier home countries. This wont be alot of money for the bigger companies but people like me, who work for no one it's a hit for sure.
I know the % are high but globill is offshore and you wont have to pay the fees to get your site going. Either you pay now or you pay later the common theme is "It takes money to make money". The cost of doing business as they say.
We all knew it was going to get tighter at some point and it's going to get tighter and probably costlier.
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