NEW YORK ? Penthouse International Inc.?s iBill division said that it hasn?t been released from Visa U.S.A.?s risk identification service (RIS), which adds $1.2 million annually in costs to its business. IBill said last month it had been notified by its processing bank and San Francisco-based Visa that it was the first Internet payment service provider to be released from the program that targets ?high risk? merchants.
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