GoFuckYourself.com - Adult Webmaster Forum - View Single Post - IPSP VS. Cross Border

Maximus · 10-08-2002, 10:21 AM

Some billing companies have been encouraging webmasters to jump ship to their offshore entities and all will be fine. This is not the case and webmasters must be educated on the reprecussions of these actions.

There are many regulations in Visas manuals including Cross Border issues. A european IPSP cannot do processing for a US Company Sponsored Merchant. So, for instance, if you are a company located in the US and doing business with Websitebilling.com UK, although you would not be subject to the new IPSP registration program, you would be subject to stiff penalties for illegal cross border activity.

Sponsored merchants must be domiciled in the region of the IPSP
or face fines for breaking Cross Border regulations.

We strongly urge all webmasters to speak to their billers and get clarification on these two very important issues to make sure compliance is met without undue risk. Once a sponsored merchant is placed on the TMF it may never do business with an IPSP or gain a merchant account for processing Visa.

We are awaiting clarification from Visa on some unclear issues and will pass them on as we get them.

10-08-2002, 10:21 AM
Maximus Registered User Join Date: Jan 2002 Posts: 81	IPSP VS. Cross Border - Regulations Some billing companies have been encouraging webmasters to jump ship to their offshore entities and all will be fine. This is not the case and webmasters must be educated on the reprecussions of these actions. There are many regulations in Visas manuals including Cross Border issues. A european IPSP cannot do processing for a US Company Sponsored Merchant. So, for instance, if you are a company located in the US and doing business with Websitebilling.com UK, although you would not be subject to the new IPSP registration program, you would be subject to stiff penalties for illegal cross border activity. Sponsored merchants must be domiciled in the region of the IPSP or face fines for breaking Cross Border regulations. We strongly urge all webmasters to speak to their billers and get clarification on these two very important issues to make sure compliance is met without undue risk. Once a sponsored merchant is placed on the TMF it may never do business with an IPSP or gain a merchant account for processing Visa. We are awaiting clarification from Visa on some unclear issues and will pass them on as we get them. __________________ Maximus Websitebilling Last edited by Maximus; 10-08-2002 at 10:54 AM..