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Old 05-28-2003, 07:14 PM  
SunTzu
Confirmed User
 
Join Date: May 2002
Location: the box
Posts: 456
Quote:
Originally posted by Kimmykim


That is a valid question. As of last week there was no Canadian bank that was acquiring high risk, as evidenced by the CCBill statement regarding their potential for trying to get one that would do it.

Next comment is that if you've paid with Jettis, or paid with Epoch, you still have to pay with CCBill or any other properly registered and compliant processor in order to acquire.

Now, my last and most important question...

Where is ACPay settling their transactions? Are the using a US merchant account? A European one? One somewhere else? They have them all over the world and will be properly acquiring within the regions for the merchants in those regions and will be breaking them down on a region by region basis when they settle?

Because if not, registration fee or not, it seems to me that they would still be in violation of the cross border acquisition policies and would be in danger of having Visa compliance shut them down.

Perhaps I'm wrong here and they've made some kind of incredible deal with Visa that was not offered to any of the other IPSPs, but if I were about to pay them any money, I would want the answers and the proof to these questions.

AC Pay - I would like to know the answer to these questions as well. Because even though I wanted to go with AC Pay, I need to know if I would be Visa compliant if I were to use say CCBill or Epoch and AC Pay together.
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