Big Bad Visa Monster

[rand]

Hmmm... Maybe Nickatilynx does have psychic power.

Rand here from Epoch.

First let me say that I don't think any of the major IPSP's are going to have any adverse side-effects coming out of the new Visa reg's other than loss of some of the smallest programs. I can personally say that 98-99% of our entire business is registered. We are very happy about that.

I think what ART said is exactly right, except for the part about moving away from Paycom. We would definitely hate to see you go, ART, and if there's anything you need from us to keep your business right where it is please let me know. We want everyone's business. If you don't use us for a primary, you should at least have us as a back-up. What can we do for your program?

As for the registration fee, that goes for all domestic (U.S.) IPSP's for every and for every sponsored merchant using their services. If any program is telling you that you don't have to pay it, well, the IPSP must be paying it for you. I guess that's a good way to get a lot of small programs to come your way. I would think you would want your processing wherever you make the most money, despite the fee or lack of. Moving processors can be costly in itself. Whatever you decide to do, you should pick a processor based on how it affects your business. How much of your money do you get to keep? How are your credits and chargebacks? Etc......

MissEve, the registration fee will come out of your next payout.

Epoch, Ibill, and CCBill worked together to insure that there was the least amount of confusion as possible regarding the registration process as there was little time to accomplish what needed to be done. It was an unprecedented move and I hope that the unified voice helped webmasters to make clear informed decisions about how to handle their business.

There is a lot of misinformation out there. The initial round of registration is complete. Registration will, of course, continue. But those with recurring Visa transactions should have already registered.

--Rand at EPOCH