Just received this email:
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Dear PSW Webmaster,
We are pleased to offer our affected clients a solution to the upcoming Visa processing gap. A third party, SCZ Investments Ltd, has offered our clients the ability to operate under their corporate umbrella and registration.
There will be no charges or fees to you, our client, as all of the necessary arrangements have already been made with SCZ. Your processing fees will not be affected in any way. Your customers will not notice this change, except in that the name appearing on their credit card statements will now show both PSW and SCZ descriptor information.
We hope that you will take advantage of this opportunity and continue processing through PSW. If you wish to participate, there is no action required on your part. If you do NOT wish to participate, please let us know as soon as possible.
Regards,
Client Services
PSW Billing Solutions
[email protected]
www.pswbilling.com
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Hmmm... so does this mean SCZ (whoever they are) will be risking their merchant status in order to add another buffer level to transactions?
Seems like more sticky tape and bandaids...
