| sperbonzo | 
			07-11-2005 11:02 AM | 
		 
		 
		 
		
		
		
	Quote: 
	
	
		
			 
			
				
					Originally Posted by Kimmykim
					
				 
				Actually it varies from bank to bank.  On merchant accounts I've seen fees as high as several thousand dollars.   
 
I'm not sure what you think that talking to Visa, were you able to actually speak to someone at Visa, would do for you.  Visa, like Mastercard, is an association of member banks.  The banks themselves collect the fees from acquiring merchants (or cardholders) and then remit what they owe into Interchange.  Visa cares about its banks, not its account holders frankly.  Unless of course you are an account holder who has too many chargebacks. 
			
			 
		 | 
	 
	 
 Exactly Right KK
 
In fact, Visa is not required to give out any regulatory information regarding the interchange to anyone but it's associated banks.   Even a large IPSP can be denied that info from VISA.    In fact I know of several instances, first hand, where a large IPSP was fined by VISA for violations of VISA regs, and then the IPSP was refused access to information as to what regs were actually violated.    It's like going to court and paying a fine, but they won't tell you what law you broke.
 
Whenever I hear people say things like this:
 
	Quote: 
	
	
		
			 
			
				Originally Posted by E Guru 
There is NO $750 fee if that is what your trying to ask 
That is why a number does not exist
			
			 
		 | 
	 
	 
 I don't think that they realize that VISA and their banks have TOTAL control over the interchange, and that IPSPs and PSPs have little or no power at all.   The VAST majority of the time, when webmasters lose money because of processing problems, it is the BANK that has your cash, NOT the processor. :2 cents:
 
VISA won't even discuss the fees with IPSPs, they certainly won't discuss them with you.  
	 |