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Masturbationman · 02-18-2003, 03:07 PM

I heard from a buddy that Visa is about to start cracking down on processors that are not following the cross boarder rules. This means if you are a US webmaster using a process in Europe they are not going to be able to process for you or they will be fined $25,000 per day. The only way they can do this is if they have a US merchant account. They are cracking down because many US webmasters when to European processors so they did not have to pay the $750 fee. This is why ccbill, ibill, epoch got EU merchant accounts. Anyone hear more about this as I moved some of my business to a European processor!!!!!

Help!!!!

02-18-2003, 03:07 PM
Masturbationman Confirmed User Join Date: Oct 2002 Location: South Florida Posts: 283	Visa Crack Down!!!! I heard from a buddy that Visa is about to start cracking down on processors that are not following the cross boarder rules. This means if you are a US webmaster using a process in Europe they are not going to be able to process for you or they will be fined $25,000 per day. The only way they can do this is if they have a US merchant account. They are cracking down because many US webmasters when to European processors so they did not have to pay the $750 fee. This is why ccbill, ibill, epoch got EU merchant accounts. Anyone hear more about this as I moved some of my business to a European processor!!!!! Help!!!!