Quote:
Originally posted by Kimmykim
If so, then I am not understanding how you can 'waive' the $750 fee for site owners that have already paid it elsewhere, since it's my understanding that EACH processor has to collect and remit to their own banks, regardless of other processors the client may be registered with previously. So will your US clients be properly registered with Visa if they do not remit the fee to you?
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The other issue at stake here for site owners is the fact that they are not allowed to acquire in multiple regions for the same web site. So if they are using Ibill for a primary, for instance, and ACPay for backup, do you guarantee that they are being settled in the US, and do you accept the liability of potential Visa sanctions on these clients if it were to turn out that they were in violation of a basic tenet of Visa's, and were to incur any financial or punitive damage from Visa's actions as a result of their improper acquisition and settlement of payments to their sites?
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Cory - I've asked similar questions that Kimmy brought up here. I think these are the most important issues that you still need to address. It's more about the security of doing business with you than the $750. charge.
You mentioned being a straightforward and direct guy. Can you use some of that to answer these questions?