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Old 08-26-2002, 03:27 PM  
willow
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Join Date: Dec 2001
Location: NY, NY, USA
Posts: 131
From what I understand from some digging on this, each registration will be for $500 payable by the webmaster, or processing company if they value you enough (small players in trouble).

Another rumble says that as the website descriptor will be passed along with the transaction it's gonna appear on the customer's statement as
Epoch / xxx.com
or whatever. I'm going to make a few calls tomorrow and see if this is true.

I don't believe you'll need a $100m bank to get a merchant account, but you certainly will to get a PSP/3rd party one. I wouldn't be surprised if Visa stops all adult processing except via registered gateways and PSP compliance checking companies within six months either way. So as Epoch says, pick a good processor who's on the ball and hold tight.
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