05-23-2003, 12:42 AM
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Confirmed User
Industry Role:
Join Date: Sep 2001
Location: North America
Posts: 2,016
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Quote:
Originally posted by Kimmykim
Oh for fucks sake, you people drive me nuts.
I like the guys at WSB personally, but you know what?
From what I understood last fall, they, like some others that I surely don't even need to mention, chose the course of NOT DOING WHAT THE FUCK THEY WERE TOLD TO DO BY VISA.
But ohhhhhh,myyyy, all the fucking boohooing over $750 to register sites properly and be in compliance and how bad the Big Three or whatever you want to call them were for charging such a thing and registering people properly and staying in compliance with Visa...
I'm in complete and utter disbelief that it surprises anyone that a third party biller that was not in compliance with Visa to start with is now out of business.
That's what happens when Visa US is now in charge of compliance for Visa International too. All the people that thought they were going to get away with something are starting to figure out that shit ain't gonna fly and they will be put in a position where they have to do things for customers in order to try and stay ahead of the game that only put them even further into trouble in the end.
You want to be smart? Get with a compliant processor. That is the ONLY thing that is wise at the moment. There is a reason that big sites don't process on their own merchant accounts any more, they don't like the risk level against their own credit.
And thats the end of that rant.
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What is your position on the "Offshore Billers" like ACPay and Globill? |
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