ibill no longer process for Canadian webmaster!!!
Just recieved this from ibill:
Since November 15, 2002, you have been processing via iBill Europe, our subsidiary for all sponsored merchants in the EU region. Although, we have been working diligently with the card associations to establish an IPSP relationship with a financial institution in your region, this effort has been unsuccessful. If you are uncertain about which processing region you are located in, please consult the list of approved processing countries at the bottom of this letter.
As you know, the card associations play a significant role in developing our business model, as well as whom we can service. iBill Europe holds itself and its clients to the highest standards regarding payment processing. Our position within the industry is to be compliant with all card associations and FTC regulations. Therefore, effective May 22, 2003, iBill Europe will only offer Visa credit card payment services to those merchants based in the European Region.
We are truly sorry that iBill Europe will no longer be able to accommodate your VISA processing needs. We will continue to process MasterCard, Web900 and Checks for you. For more information, please contact your iBill account manager or our client service team at 866.424.5557(US) or 954-363-4931(International).
So my question is: Is this a new regulation which will affect all billing companies such as acpay, multicards ... etc? If so, does that mean web master in Canada will no longer be able to process online billing until someone opens up a new processor in Canada???
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