Why aren't there large non-US based processors? - GoFuckYourself.com

Drake · 03-12-2005, 07:03 PM

Kudos to Paycom and CCBill for establishing themselves the way they have and coming out on top of their game.

Are there similar processors in other countries aside from Verotel? Why aren't there more that we hear of?

Thee Johnclave · 03-12-2005, 08:43 PM

Due to card association regs., processors can only settle transactions for clients who are in the same region as they are. Processing through a non-US IPSP requires being incorporated (or established) non-US; which is the minority as far as program owners go.

As with everything it's bend not break, but a US merchant settling in the EU, for example, is looking at trouble...as is that processor.

Steen2 · 03-12-2005, 08:47 PM

Quote:

Originally Posted by JMScore

Due to card association regs., processors can only settle transactions for clients who are in the same region as they are. Processing through a non-US IPSP requires being incorporated (or established) non-US; which is the minority as far as program owners go.

As with everything it's bend not break, but a US merchant settling in the EU, for example, is looking at trouble...as is that processor.

nikki99 · 03-12-2005, 08:57 PM

there should be a processor in argentina, and pay in patacones ...

Verotel · 03-15-2005, 05:00 AM

Quote:

Originally Posted by JMScore

Due to card association regs., processors can only settle transactions for clients who are in the same region as they are. Processing through a non-US IPSP requires being incorporated (or established) non-US; which is the minority as far as program owners go.

As with everything it's bend not break, but a US merchant settling in the EU, for example, is looking at trouble...as is that processor.

Not 100% true...as long as the US or non-US company is registered to do business in a particular region (e.g., being registered with the local Chamber of Commerce; what you refer to as being "established") then it's not considered cross-boarder acquiring.

What did you say? Bend not break.

psyko514 · 03-15-2005, 05:02 AM

There are plenty of large non-US based processors. You've just never heard of them because they have no need to market to Americans or even anglophones in general.

Verotel · 03-15-2005, 05:02 AM

Quote:

Originally Posted by Mike33

Are there similar processors in other countries aside from Verotel?

Not any others that have been around for any length of time to my knowledge.

03-12-2005, 07:03 PM	#1
Drake Hello world! Industry Role: Join Date: Mar 2003 Posts: 12,508	Why aren't there large non-US based processors? Kudos to Paycom and CCBill for establishing themselves the way they have and coming out on top of their game. Are there similar processors in other countries aside from Verotel? Why aren't there more that we hear of?

03-12-2005, 08:43 PM	#2
Thee Johnclave The Billz Collectaz Join Date: Nov 2001 Posts: 632	Due to card association regs., processors can only settle transactions for clients who are in the same region as they are. Processing through a non-US IPSP requires being incorporated (or established) non-US; which is the minority as far as program owners go. As with everything it's bend not break, but a US merchant settling in the EU, for example, is looking at trouble...as is that processor. __________________ Seeking large traffic deals. john at pptme dot com

03-12-2005, 08:57 PM	#4
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03-15-2005, 05:02 AM	#6
psyko514 See sig. Join Epic Cash. Join Date: Oct 2002 Location: Montreal, Quebec. ICQ: 214702014 Posts: 22,366	There are plenty of large non-US based processors. You've just never heard of them because they have no need to market to Americans or even anglophones in general. __________________ 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