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This is the part that a lot of people are missing
The $750 fee that is paid is given to the IPSP bank. Bank pays Visa and takes their money. If you switch processors the new IPSP has to pay the $750 fee again.
Here is the kicker. If your IPSP switches banks after 6 months and goes to a new bank. Someone has to pay that $750 over again to the new bank.
In the past some IPSP and merchants have used this tactic of going from bank to bank to avoid Visa Fines and start over.
Visa has now closed that loop hole
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