Is Online Age Verification a Good Thing for the Industry?

[Shel]

I don't know if you can get them under the age of 18. It would seem that signing a credit card slip would be a binding contract, regardless.

But I also think I had a checking account at 17 and a check is a binding contract...

According to my CC processor and two other vendors that where trying to get a merchant account they were told they can’t get online CC processing with out an AV system in place and if that’s so what will the next move be by the CC companies?

CC companies have the lobbyists and lots of power.