i'm definitely interested. i've been talking to several paysite owners, and no one seems to exactly what it is. and more importantly -
what it will mean for users of third party billing.
there is absolutely no mention of the term on any of the major billing sites.
i tried talking to ibill, and found out jack. i talked to someone else that tried calling (a different billing company) and got the same result.
there is almost no mention of it seaching google. look at one of the very few
utterings of the term:
Quote:
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Solution 3) *We offer a credit card processing solution for virtually any type of merchant. This is a sub-merchant account, meaning a the processor we partner with, acts as third party processor for your credit card orders. Both non and real-time available. No app fee, no reserve, weekly payments, new accounts set up in 48-72 hours. Ideal for low and high risk merchants!
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gee, that helps.