Thread: out of biz
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Old 08-06-2003, 09:32 AM  
directfiesta
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Join Date: Oct 2002
Location: Montreal, Quebec
Posts: 29,805
Quote:
Originally posted by RonR
Been reading the posts for awhile and decided to log in and help answer some of this stuff.

Re Visa - the regs state that a bank can only acquire payments from merchants located within their domicile (i.e. US bank - US merchant, EU bank - EU merchant, etc) so you won't find an actual US processor that CAN sign up a Non US merchant. #rd Party and IPSP is a bit different - can explain that later if you want.



Cheers
True, but they allow non-adult aggregators to continue to do cross-region processing:

- Paysystems.com
- Paypal ( no adult...)
- CCnow

and If you would pay me $ 10.00 a url, I could find you another 100 of them signing up customers from all regions, while they are US based.

Open your eyes: the rules are applicated to ADULT businesses only!
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