Great article, shame it happened. I'm really curious as to how this idea didn't really succeed - seemed like a slam dunk service. Anyone know more?
More seriously, automating the process of harvesting credit card numbers and signing them up for monthly billing, then taking a cut, is evil genius.
Even more seriously, the sex-trade people were way ahead on this, by happily offering canceling customers refund checks with mind-blowingly dirty names on them to discourage deposit.