Quote:
Originally posted by Mike H
And lose all rebills
According to CCBIll Visa will sue these small companies $25,000/url for not registering high risk sites
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no of course...but if you have to live in USA, own a passport, a driver liscence etc...you lose the rebills AND all the fees for the incorporation, that's all I'm saying . The incorporation is useless if VISA require a physical presence of ones of the principals. And I doubt a friend or a nobody that live in USA would be considered as a principal by VISA. All I'm saying is that all cc processors are contraticting themselves and therefore aren't trustable. Some say that the VISA fee is this and that, others say there is no fee for foreign webbmasters, some say they will handle the fee, some say they will stop paying webmasters if they don't register, some say they will continue to process Canada, some say they will stop, some say they will continue to process Europe, some not etc etc etc etc etc....I'm sorry but the fact is that november is coming really fast and no one seem to know what the rules actually are. And what about the people that aren't visiting this forum? Do you think they have a clue of what's going on? Why everything was announced here? I think it's simply because MutiBill and some others came here and let the cat out of the bag. Otherwise, I bet that many of you would not even be aware of these rules.