Quote:
Originally posted by Lenny2
Offshore????
Yeah, violating Visa's cross border settlement rules is a really good long term business strategy.
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Sounds like a "learned" thing about offshore :-)
Offshore has nothing to do with violating VISA's cross border rules. Offshore does not mean non-compliance with any VISA "laws".
Offshore can, in many cases, be a very good situation for third party processing - it gets the operation out of what is an "unfriendly environment".
I'd think there will be others considering an offshore scenario - I know of one at the moment. At a guess, there is also going to be some more hope within Europe to do some processing.