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Legacy Archived Main Board Business chat and general industry chat. All participation is welcome. Dont post your fucking spam here. |
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12-11-2003 | #151 |
Members
Join Date: Nov 2003
Location: Miami, FL
Posts: 63
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Nice posts Redeye. There are minor things here or there that you may not be fully informed on, or have gotten slightly wrong, but with the situation as complex and fluid as it is, NO ONE is in a position to know everything that is going on in each VISA region (and with individual acquirers for that matter). Within the various regions other processing solutions open and close on an everchanging basis...as regards to MCC 5967, and it's been REALLY nuts every since the ETA show last Sept. when the IPSP regs were rolled out by Martin Elliots people in Seattle.
Sometimes it gives me really bad headaches trying to keep up. I still work as a broker to assist merchants in finding accounts (mostly offshore...and BTW, there is ONE acquirer in the EU that is writing new IPSP business), but I have recently moved to DUOCASH....in looking at alternate billing systems, they were the ones that excited me the most. (someone actually started a thread about DUOCASH yesterday). If you're going to be at internext in Jan, I would be interested in comparing some notes over a drink sometime.... BTW, Just to match what you say about the VISA rules. I've actually seen them.....leafed through them.....they look like a set of encyclopedia! Cheers!
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Michael Sperber Michael.Sperber@gmail.com ICQ 177961090 +1 954 650 5789 www.astralgrouponline.com complete e-commerce solutions |
12-12-2003 | #152 |
Members
Join Date: Oct 2003
Posts: 42
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Hey Mike!
Thanks for the comment. Indeed NO ONE knows it all - that's true. Thats a negative side of membership association form of VISA/MC I beleive. Unfortunately I will not be on Internext. Never been there yet and dont know when I'll get there. Although never know where I am next time. |
12-15-2003 | #153 | |
Members
Join Date: Feb 2003
Posts: 17
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Quote:
You cannot run adult transactions through a mainstream merchant account. You will need to setup another account and pay the registration fees if domestic. You can setup an account as a sole proprietor. however and LLC is typically quick to setup and is recommended. Let me know if you are interested in obtaining an account. We can surely help. Toll Free within the US: (888)357-8166 Outside the US: (661)252-2456 Thank you, Mitch Farber Netbilling.com |
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12-15-2003 | #154 | |
Members
Join Date: Feb 2003
Posts: 17
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Quote:
There are a few banks that we work with domestically that write adult accounts. Let me know if you are interested. ----------- Driven, VbV can be used for initial transactions only, no recurring billings. The problem is with our internal testing is that more surfers are abandoning the payment page because of confusion using VbV. Untill the banks issue paswords to all cardholders and do not make them pre-register online for VBV, it will not be effective for widespread use IMO. Mitch |
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Members
Join Date: Oct 2003
Posts: 42
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