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Old 05-25-2007, 11:26 PM  
CWeb
Confirmed User
 
Join Date: May 2007
Posts: 245
No disrespect or knocking intended... but, there are relevant points:

(a) No corp name, postal address or real contact information on the website. What jurisdiction applies for legal docs?

(b) What VISA banking region do they claim to operate in?

(c) Assuming the owners have a great reputation - who are these people?? That should be in their corp filings, so back to - Where is the corp based?

(d) What mechanisms are in place to protect webmaster funds in the event of financial or other problems? This type of biz model should apply to all processors, but especially to new corps.

Processing is no different to banking - there are no secrets, but obviously a need for transparency. That transparency is simple to implement, assuming everything is above board, - but it is non-existent on the website.
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