Vick,
No. These new 3rd party regs go into effect tomorrow! Up until now, companies were able to hide their cb problems within a 3rd PP's ratios! This can no longer be done. Now, Visa can identify problem accounts among 3rdPP's merchants and PUNT them from using ANY other 3rd PP! AND, if they haven't already obtained merchant accounts, that company has NO SHOT of obtaining them at that point.....
Stay tuned!
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