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Old 11-26-2003   #1
Petr_A
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Join Date: Nov 2003
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Important Notice for Jettis EU Clients
November 25, 2003
Dear Jettis EU Client,

As we are sure you are aware, we have witnessed significant changes in the High Risk processing Industry over the past year, but none quite as dramatic as the past six months. Due to the increased scrutiny of this industry by the credit card associations, our EU bank just notified us that it has decided to close this portion of their portfolio as of Friday, November 28, 2003. As a result, we will no longer be able to process your Visa EU transactions after that date. For clarification purposes, Jettis' accounts were in good standing. The bank notified us that their decision to no longer support the processing activities of adult IPSP's was widespread and was not aimed solely at Jettis. It is important to note that this notice has no effect whatsoever on Jettis clients based in the US.

Obviously, this short notice has not left much time to make preparations for Visa processing for our EU clients. We will still continue to process your MasterCard, Discover and ACH transactions without any interruption. We sincerely regret that we were unable to give you greater notice and we realize that this short notice can create a hardship. While we are searching for alternative EU solutions for our clients, we are unable to ensure that we will have them in place by the date referenced above. If you have questions about these changes, we encourage you to contact our Client Services department by telephone at 818-597-4705 or via email at help@jettis.com.

Sincerely,

Team Jettis
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