Quote:
Originally posted by willow
Seriously take a walk at an adult convention some time. Take a look around you. Find out how many process their own merchant account and how many 3rd party. Then find out how many of them lost a merchant account. Might surprise you.
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Now there's an interesting question. If this new rule comes down, and people who have TMFs (terminated merchant files) can't process through third party anymore...
Will former TMFs not be able to process either? Even though they have been third party for quite some time?
Or, will they be grandfathered in, and will only recent TMFs will be prohibited from third party processing?