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?

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.

:thumbsup :thumbsup :thumbsup

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

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. :winkwink:

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.

Not any others that have been around for any length of time to my knowledge. :1orglaugh