Quote:
Originally posted by socalcash
I must sleep...but...I have this prediction and I would like your thoughts KK.
I see more selection of what VISA will and wont process. Such as what is mentioned above.
&
Lots and lots of money for those that work with their system!
The only thing I would be somewhat worried about is recurring billing as they have not included that in their VERIFIED by visa model. But, I dont understand Verified by Visa so Im assuming its just an optional tool with all Cards not some new type of Card that they are pushing everyone towards?
Can u explain KK what Verified is all about?
|
I am not answering for Kimmy but you can learn alot about VbV here:
http://www.usa.visa.com/personal/sec...d_by_visa.html
Unfortunately, not many issuing banks are supporting it at this point and it is not supported for recurring billing either. In my opinion, it will only work if Visa requires support of al issuing banks and gives cardholders some incentive to use it other than "piece of mind".
Mitch
__________________
Mitch Farber
CEO - NETbilling, Inc.
Email / Phone: 888-357-8166 / 661-252-2456
Transaction processing & 24/7 call center services with exceptional rates and flexibility, since 1998!