Have you ever been approached directly by VISA or M/C? - GoFuckYourself.com

baddog · 10-15-2004, 02:53 PM

I read statements by reps of different processors stating if you do this or do that VISA will come after you and close you down, prevent you from doing further business.

My question is this: Have you ever been approached by VISA or MasterCard about one of your business practices? If so, what did they accuse you of doing, and what was the end result?

DatingGold · 10-15-2004, 04:07 PM

Yes they both called and thanked me for my business.

xenigo · 10-15-2004, 04:09 PM

Quote:

Originally posted by DatingGold
Yes they both called and thanked me for my business.

EscortBiz · 10-15-2004, 04:09 PM

Quote:

Originally posted by baddog
I read statements by reps of different processors stating if you do this or do that VISA will come after you and close you down, prevent you from doing further business.

My question is this: Have you ever been approached by VISA or MasterCard about one of your business practices? If so, what did they accuse you of doing, and what was the end result?

yeah they can put you on a TMF list (Terminated Merchant File) and you pretty much cant get a merchant account again

JakeR · 10-15-2004, 05:01 PM

Quote:

Originally posted by EscortBiz
yeah they can put you on a TMF list (Terminated Merchant File) and you pretty much cant get a merchant account again

A client of ours was using our domestic merch. solution, but he ended up implementing an offshore account on his cascading system as well, VISA found out somehow and after about 3 months yanked them. He won't be getting a domestic adult account again anytime soon.

baddog · 10-15-2004, 07:35 PM

Quote:

Originally posted by EscortBiz
yeah they can put you on a TMF list (Terminated Merchant File) and you pretty much cant get a merchant account again

I know what they "can' do, the question was, has anyone here had a problem like that, or even close?

psyko514 · 10-15-2004, 07:38 PM

Does working for Visa for 3 years count as being approached by them?

;)

baddog · 10-15-2004, 07:39 PM

Quote:

Originally posted by JakeR
A client of ours was using our domestic merch. solution, but he ended up implementing an offshore account on his cascading system as well, VISA found out somehow and after about 3 months yanked them. He won't be getting a domestic adult account again anytime soon.

Was he using the off-shore as primary or somewhere down the cascade?

Steen2 · 10-15-2004, 07:39 PM

In regards to TMF.

What about opening a new Corporation? Will that get around the VISA TMF?

baddog · 10-15-2004, 07:40 PM

Quote:

Originally posted by psyko514
Does working for Visa for 3 years count as being approached by them?

;)

only if you don't know how to comprehend what you are reading

psyko514 · 10-15-2004, 07:52 PM

Quote:

Originally posted by Steen2
In regards to TMF.

What about opening a new Corporation? Will that get around the VISA TMF?

Nope. If any of the principals of the new corporation are the same as the old corporation, when the acquirer checks the MATCH file, it'll show up as a hit and a check will be done.

The TMF is for Visa and MC, btw. Not just Visa.

psyko514 · 10-15-2004, 08:01 PM

Quote:

Originally posted by baddog
I read statements by reps of different processors stating if you do this or do that VISA will come after you and close you down, prevent you from doing further business.

My question is this: Have you ever been approached by VISA or MasterCard about one of your business practices? If so, what did they accuse you of doing, and what was the end result?

It's very unlikely that Visa or MC would approach a merchant directly. If you were processing though an IPSP, they'd go through them. If you have your own merchant account, they'll go through your acquirering bank.

sickkittens · 10-15-2004, 08:02 PM

Quote:

Originally posted by psyko514
It's very unlikely that Visa or MC would approach a merchant directly. If you were processing though an IPSP, they'd go through them. If you have your own merchant account, they'll go through your acquirering bank.

Where/what is that girl from in your sig?

pornguy · 10-15-2004, 08:07 PM

Doent some of what visa and MC are doing go against antitrust???

Steen2 · 10-15-2004, 08:08 PM

Quote:

Originally posted by psyko514
Nope. If any of the principals of the new corporation are the same as the old corporation, when the acquirer checks the MATCH file, it'll show up as a hit and a check will be done.

The TMF is for Visa and MC, btw. Not just Visa.

Register a new corp in Deleware/Nevada and hire a director? Isn't that a common service provided?

psyko514 · 10-15-2004, 08:12 PM

Quote:

Originally posted by Steen2
Register a new corp in Deleware/Nevada and hire a director? Isn't that a common service provided?

Again, it's not that easy. Once you're on the TMF, it's nearly impossible to get off.

There are definetly ways to get processing again, but if you so much as cause someone to raise an eyebrow, you'll be in a world of hurt.

And, if you're on the TMF, chances are you're a criminal or at the very least, you have questionable business practices. That's not likely to change by just getting a new merchant account.

10-15-2004, 02:53 PM	#1
baddog So Fucking Banned Industry Role: Join Date: Apr 2001 Location: the beach, SoCal Posts: 107,089	Have you ever been approached directly by VISA or M/C? I read statements by reps of different processors stating if you do this or do that VISA will come after you and close you down, prevent you from doing further business. My question is this: Have you ever been approached by VISA or MasterCard about one of your business practices? If so, what did they accuse you of doing, and what was the end result?

10-15-2004, 04:07 PM	#2
DatingGold $6 PER EMAIL JOiN Industry Role: Join Date: Feb 2003 Location: California Posts: 13,185	Yes they both called and thanked me for my business. __________________ 9 Years of SOLID payouts and conversions! ADULT DATING - $100 PPS LIVE CAMS - $214 PPS WWW.DATINGGOLD.COM ICQ: 27442303

10-15-2004, 07:38 PM	#7
psyko514 See sig. Join Epic Cash. Join Date: Oct 2002 Location: Montreal, Quebec. ICQ: 214702014 Posts: 22,366	Does working for Visa for 3 years count as being approached by them? ;) __________________ Bad Girl Bucks - 50% Revshare through CCBill. Promote BrandyDDD, Pixie's Pillows, Action Allie and more! Phoenix Forum Pics \| Webmaster Access Montreal pics email: psyko514(a)gmail.com \| icq: 214-702-014

10-15-2004, 07:39 PM	#9
Steen2 Confirmed User Join Date: Feb 2004 Location: Vancouver, Canada Posts: 7,662	In regards to TMF. What about opening a new Corporation? Will that get around the VISA TMF? __________________ ICQ: 2262.73945

10-15-2004, 08:07 PM	#14
pornguy Too lazy to set a custom title Industry Role: Join Date: Mar 2003 Location: Homeless Posts: 62,911	Doent some of what visa and MC are doing go against antitrust??? __________________ PornGuy skype me pornguy_epic AmateurDough The Hottes Shemales online! TChicks.com \| Angeles Cid \| Mariana Cordoba \| MAILERS WELCOME!