Quote:
Originally Posted by Robbie
OR....just do it the way it was always done in business. I provide a service (traffic), I get paid.
And the company I provided the service to ALREADY has my Federal EIN (tax ID), AND is paying my company to a United States bank that has ALREADY done KYC on me and my company.
There is no need for "authentication".
Just like I don't need to "authenticate" any business that I pay for a service or product.
They are paying ME for the service. It's none of their goddamned business legally.
ONLY banking institutions are required to do this as far as I know.
But I am open to somebody showing me even one Federal regulation that calls for a company to demand another companies corporate papers in order to get paid.
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I am in agreement with you. That said, there is one scenario where I could understand wanting enough information on the affiliate to do a background check. That is to ensure they aren't dealing with affiliates who already have a criminal record, especially something related to the unspeakable. I could understand that, as that could become a public relations disaster if CCBill was paying people convicted of certain heinous offenses and that became a matter for public consumption. CCBill, of course, never claimed that to be the reason. They claimed it to be to curtail money laundering. Therefore, I can't give them any credit for what they are doing.