Quote:
Originally posted by the indigo
Well both ACPay and Globill said they were 100% in compliance with Visa.
Two of the "Big Three" (IBill and Epoch) are in trouble right now... but everything works fine with the 2 biggest international/offshore billers.
So no, it is not a joke. Tell me your position on these billers... or maybe you don't have a clue about how they work without charging the $750 fees?
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I can tell you I'm the Queen of England but that don't make it so.
If you are a US company and you are processing with someone who is settling outside of the US -- which would mean that you did NOT pay the fee and register as Visa is REQUIRING, then I'd be thinking about my future.
Especially since you are NOT allowed to acquire in multiple regions for the same sites, that can get you terminated and blacklisted.
IBill and Epoch are not in trouble, I don't know where you come up with that -- Jettis has also admitted to being fined under the STUPID Mastercard monopoly and I will bet you every dime you own that EVERY other processor has been as well, but is just keeping quiet about it.
IBill has a massive corporation behind them, one that just posted something like a 62% increase in profits for the quarter. That is certainly not in trouble. Epoch didn't pass the Mastercard bs fines on to their clients, so that doesn't sound like they are in trouble either.
As to how they work without charging the $750? While I am no genie, my guess is not going to be too fucking well once Visa gets through with them... they'll either be charging the fee and registering folks properly or Visa will take action --
but then again you already knew that the guys from Compliance for Visa US have taken over Compliance for Visa International, right?