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Hi All,
Actually this is far from over. If any of you were at the Mastercard meeting in Humboldt last week, you would know this. Mastercard at this time has granted aggregators extensions while they sort out what they truly want to be done. I am not saying that it will or will not happen. It is put on hold at this point. They did make it clear that all aggregators including PSPs who aggregate could directly be effected.
Regardless of what is said here, every third party processing company owner that I have spoken with is concerned at what the ultimate outcome could be, do not let anybody tell you differently. I do not need to list them here but can tell you I have spoken to most of the ones we are all familiar with.
Mitch
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Mitch Farber
CEO - NETbilling, Inc.
Email / Phone: 888-357-8166 / 661-252-2456
Transaction processing & 24/7 call center services with exceptional rates and flexibility, since 1998!
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