Thread: IbillEU
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Old 03-20-2006, 03:17 AM  
bigdog
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Join Date: Jul 2001
Posts: 6,964
Quote:
Originally Posted by Webby
It may be worth considering a corp with a nominee dirs in the EU region - and then having them pass a full Power of Attorney to you. Tho, irrespective, - there is a need to "know your nominees".

One of the things I keep looking for in a processor is security - regardless of their verbal and purported industry ranking. If transacted funds, - those being the property of clients, - are not directly accessable by the processing company and where, if the company met it's demise, - those funds would be paid out by a third party or transacting bank.

There are a couple of processors with this model in the EU - Verotel and SegPay. On almost all the rest, - from "big" processors to small, - webmaster security has been an issue which has been avoided.
That is what segpay and verotel say but has anyone checked to see if this is acutally true?
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