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Originally Posted by JMScore
Due to card association regs., processors can only settle transactions for clients who are in the same region as they are. Processing through a non-US IPSP requires being incorporated (or established) non-US; which is the minority as far as program owners go.
As with everything it's bend not break, but a US merchant settling in the EU, for example, is looking at trouble...as is that processor.
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Not 100% true...as long as the US or non-US company is registered to do business in a particular region (e.g., being registered with the local Chamber of Commerce; what you refer to as being "established") then it's not considered cross-boarder acquiring.
What did you say? Bend not break.
