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jpv · 05-29-2003, 04:59 PM

Cory, can you answer Kimmy's question?

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"Where is ACPay settling their transactions? Are they 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."
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I currently use AC Pay. The fee is no big deal but I might be worried about this issue Kimmy brought up. I am not sure how any of this works so when Kimmy questions anything regarding VISA compliances I listen.

05-29-2003, 04:59 PM
jpv Confirmed User Join Date: Aug 2001 Posts: 301	Cory, can you answer Kimmy's question? ------- "Where is ACPay settling their transactions? Are they 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." ------- I currently use AC Pay. The fee is no big deal but I might be worried about this issue Kimmy brought up. I am not sure how any of this works so when Kimmy questions anything regarding VISA compliances I listen.