Quote:
Originally posted by jerryfan2000
is this really a new regulation imposed by Visa international or it is just a case imposed by Ibill??
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This is not a NEW regulation at all. Visa's been actively working to enforce the existing rules about cross border acquisition for some time now on both the US and the International levels.
I believe you will see it get much tighter before it loosens up.
And really there's nothing wrong with that, it should be a level playing field and processors should have to compete on rates and services offered -- it is the best thing for the site owners.