Hi,
Im new to this board so set your phasers to stun, please.
Im looking for some feedback on some info and ideas we are working on right now.
Im real interested in who read this article and what everybody's take on it is.
http://www.avnonline.com/issues/2002...002_lead.shtml
There werent many reponses to the the last post about this article by a different poster and im just curious if not many of you read it all the way thru or what.
According to the article in the link above a "presence in the country of your IPSP" has been clarified by VISA to mean that you must have a physical location and staff in the USA. This means to me that any foreign operation currently processing with ccbill, ibill, epoch and others will lose all their rebills from Nov. 1 forward unless they can get a US corporation, a building, and some staff over there before the 24th of Oct. (the deadline for completing the registration process). Am I misunderstanding this? Why does it seem that not many of you are very concerned about this?
I just learned yesterday (from a european processor) that all the big processors have known about this for at least 6 months and still waited till the last minute to let us know leaving us with few weeks to explore our options and figure out what we want to do. I also find it very strange that all the "big guys" got together and released a joint statement. Smells funny to me...one can come to their own conclusions what this implies.
I think the following might be interesting information for some of you as well:
Any processor you use now MUST release to you a list of your clients and their payment info on request. This to me is significant because if you have a merchant account already(european based) and decent software to process your transactions, it becomes trivial to import the payment info of your current EPOCH(for example) clients into your own database and begin processing your own rebills.
Stay tuned on this. Im looking at the feasibilty of having a system ready for this very thing before the registration deadlines at which point I would be willing to consider processing rebills for anyone switching to a european biller and wanting to migrate their US based rebills without paying the 750 and going thru the process of releasing every last detail about themselves to Visa, IRS, US GOV, and who knows who else.
Anyone would have any interest in something like this?