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Originally posted by baddog
Pointing out the obvious is not slamming them . . . maybe if I said something along the lines of them waiting until the last minute, and not having a backup plan in order, but I didn't. I only stated the facts as everyone has now become aware.
Yes, their banks are offshore------but their management and sales/marketing is U.S. U.S. banks tend to cause problems, i.e. pswbilling lawsuit against a US bank, Ibill, etc
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ok - so they are accepting US merchants through an offshore merchant account? That is completely against Visa's cross border regulations. Since there are no Visa reg fees for offshore banks, they are not actually paying it as you mentioned above.
This is a bunch of BS.
Z