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Old 10-04-2002, 01:49 PM  
flyingco
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Join Date: Oct 2001
Location: LA, CA, US
Posts: 329
Quote:
Originally posted by Epoch

Cross Border Acquiring Issues

4.2.D.5 Jurisdiction

4.2.D.5.a - An acquirer must ensure that its IPSP does not contract with a prospective Sponsored Merchant outside the Acquirers
jurisdiction, as specified in

- Section 2.10 Visa International By-Laws and Regional Board Delegations and
- Section 4.2.B.1b VISA USA Inc. Operating Regulations

4.2.D.5.b - An Internet Payment Service Provider may have contracts with multiple Acquirers, but may only submit Transactions to an Acquirer
from Sponsored Merchants within that Acquirer's jurisdiction.

Damn, I am going to give some vocab lessons here and I should charge EPOCH for consulting.

For those of you who do NOT understand what an Acquirer is, it is basically an UPSTREAM BANK.


PARAPHRASING:

4.2.D.5.b - An Internet Payment Service Provider (Epoch, CCBill and all those mentioned here) may have contracts with multiple Acquirers (Acquiring Banks), but may only submit Transactions to an Acquirer from Sponsored Merchants within that Acquirer's (Bank) jurisdiction.

Simple Solution, OPEN AN OFFICE IN EVERY PART OF THE DAMN WORLD and have an acquirer from every part of the world and you just solved your stinking problem because then you just have an Acquirer in EVERY STINKING COUNTRY on this fucking world.


- Section 2.10 Visa International By-Laws and Regional Board Delegations and
- Section 4.2.B.1b VISA USA Inc. Operating Regulations

SECTION 2.10 VISA INTERNATIONAL

Jesus Christ, I already told Kimmy this, Visa International has its own set of rules, this currently ONLY APPLIES TO IPSP in the US. Geez, set up a NON US IPSP and resolve your issue.

-Nato
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