This is a difficult situation for those of us that don't run our business from the US.
We are basically being told that unless we incorporate in Navada and pay the IRS then Visa will chase us to the end of the earth.
I can understand them wanting their banks to have decent reporting and follow best practices. However if their tactic is simple to shutdown any banks doing high-risk e-commerce and only allow US banks into this market.... We'll that's just not right.
At this stage non-US webmasters have 2 options. Either we get a merchant account and gateway with a bank that may or may not be shutdown in a couple of weeks or we can incorporate in the US and pay US taxes.
I can't understand the various Visa zones sitting by and letting the US steal all their commerce.
As it stands now it appears that the only people allowed to use 3rd party billers are Americans. This was a global way of doing business... Why are Americans the only people that can be trusted to do business in this way?
Why should I have to be in the US to be in the online business.
If Visa US is going to make the game US only then why don't Visa EU get their act together and let people know exactly what it is they have to do to make Visa happy.
Why do we all have so many unanswered questions.... Why are they being so silent and so aggressive.... Shit if they only told me what they wanted I'd go outta my way to make sure they are happy.
-Ben
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