Make special note of this and read it carefully to fully understand what they're saying here without saying it directly...
Quote:
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iBill has developed a solution that has been accepted by MasterCard and will allow our merchants to continue to accept MasterCard as a payment type.
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This is a clever way of saying without the solution that Ibill and MC have worked out, you will
not be able
to continue to accept Mastercard.
The thing I'm wondering is - how many program owners will really care?
Seems the only real focus is Visa; what %age of transactions are MC?