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I think they process everything manually because it's easier to skim and delay payments.
Aren't there basic banking laws in Sweden and organizations that monitor and regulate these companies from fucking the public over? My God, if you bounce a check the bank jumps all over your ass with fees, so how can a credit card processor be allowed to withhold public funds and fuck hundreds of people weekly with delays on payouts?
Where's the Visa Sheriff to protect webmaster's rights?
Sound corny, but it would be great to have a Visa complaint department so Visa can thump their skulls and penalize them for not forwarding payments on time. I'm sure if Visa banking officials knew funds were being held up from purchases with the Visa logo and interest wasn't being payed on delayed funds, they would be in a lot of legal trouble.
Withholding funds is against the law. They are borrowing your money, without your permission, which is a simple definition of theft.
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