Quote:
Originally posted by Shoplifter
No one is going to be able to sleep soundly until we have a de facto written statement from the processors as to what is required for foreign webmasters.
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I wouldn't count on that any time soon, since they don't know themselves. I have talked to Euro processors and US processors and they are simply not sure. As I also understand it, Visa isn't planning to give out any answers in writing, as far as the clarifications go.
From discussing this situation with different people in processing, they all seem to agree that the target here is a few big companies that constantly fuck over the banks, NOT small web site owners trying to make a living.
Unfortunately it seems that the smaller guys are the ones turning into collateral damage.
For the big programs, I guess we could be jumping up and down for joy -- and I'll be the first to say some of the crap definitely could use a clearing out to make things better. However, there are some smaller sites that really are good, so I guess the best lesson is to be prepared for anything that Visa throws down the tube at us.