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European Billing company. New VISA regs.
As you probably already know, effective November 1st are the new VISA regulations regarding IPSP's (Internet Payment Service Providers - more simply, third-party billers :)) ability to process VISA cards for their clients. Presently I am processing credit cards using Ibill's services, but according to these new regulations I should have USA presence in order to fill in the documents necessary for Ibill to continue accepting VISA for me.
Being located in Spain and having no desire to open any kind of firm in USA, I am going to remove this VISA option from my Ibill services soon - but since the majority of all credit cards transactions belongs to VISA, I wish to continue accepting VISA cards. What Europe Payment providers dont apply new VISA regs? As far as I know it apply only to US and will to know with what company to process my sites? |
I'm managing director of OXBILL company. Now we getting many requests about new VISA regs. Our company dont apply it because we based in Europe and all our processing banks locating in Europe. You can visit our site www.oxbill.com and look into our services.
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Dr.Martens,
I'm in the same situation like you. Right now I'm waiting for an answer from ccbill if they can process inside EU. The big questions is if the visa regs. are country specific or region specific. These processors can process outside us: pswbilling.com glo-bill.com websitebilling.co.uk probilling.com verotel.com dutchbilling.com charge2000.com |
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Check out my sig buddy, you can't beat them.... |
HEllo
I am Jakub from Czech rep. I use mulricards.com - not affected NEw VIsa reg. this time |
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Clay |
If pswbilling has merchant account outside USA and therefore should not be affected by VISA's reg., why do they have this page on their site:
http://www.pswbilling.com/clients/visaintl.shtml? |
For sites described in the first paragraph on the page.
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I can give you the name of a good third party Euro service, however you will have to be incorporated in Germany in order for them to process you after Nov 1, according to the rules they have received from their acquiring bank.
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