Sorry but can you explain in easy english VISA policy
 

Hello
sorry guys my english is not so good to understand everything so can you please explain in easy english what does new VISA policy means to me as paysite owner?
Thanks a lot guys
Jakub

If you dont live in the states, your fucked.

VISA policy translation: bend over.

Switch to AVS or take your chances with Globill.

nuke visa's headquarters

you will need to incorporate your company in the US. then you will pay a fee of 750.00 US for ever processor you want to use Visa on and then a annual recurring fee of $375 US.

Example.
if you want to use Visa on CCbill , Ibill , and Epoch your fee NOW will be $2250 US (750 x 3)
you will then pay an annual fee of $1125 US (375 x 3)

If you don't , say goodbye to your membership rebills next month that are subscribing to your paysite via VISA.

Thanks Brent
I use multicards (Holland comp) - no reccuring - selling a content.Does it change my situation?
thanks a lot for your time
J

Nydahl


Currently Visa considers all transactions recurring or new single as New. As a result a webmaster will have to be registared with Visa ($750) to submit any transactions. The current rules state that an IPSP must have a bank in the COUNTRY that the webmaster is in. We are working with Visa to see if that can be interpreted as Region. The benifits and cost would not be available if each IPSP had to have banks in each country.

Hope that answered your question

Is VISA USA interested in the personal credit profile of company owners, corporate officers, etc?

Or, is it, that if you are currently processing and your chargebacks are low-normal and you pay your fees you are in?

Have not heard this discussed.