Quote:
Originally posted by m0rph3us
It's the 7th (8th in other parts of the world). Anybody who filed the VISA registration get approved/denied by VISA yet ? Do sites have to be APPROVED by the 15th to continued getting processed or do they just have to file their registration by the 15th and they will continue to get processed after that?
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All:
Visa is looking at URL?s and the new descriptor extensions (i.e.: Paycom.net*ABCDEFG* the characters between the asterisks being the extensions) during the registration process. Our understanding is that everyone is assumed registered in the first round, which is concluded on the 15th, if IPSP?s comply before the 15th. EPOCH has complied. Our banks now have the registrations and Visa will have them in the next day or two.
I don?t think that Visa will look at every single one of the URL?s, but I am prepared that they will. Let?s remember they process 4,000 transactions a SECOND and have had 7 minutes of downtime in 30 years! So it is a bit naïve to think they ?can?t? do anything.
Future registrations will require a run, by the IPSP, at the TMF (MATCH File) before the URL is allowed to register and process.
Hope this helps.
And thanks to our clients for registering on time!
Chris
CEO EPOCH