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Old 09-28-2006, 02:00 PM  
acratophorum
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Join Date: May 2004
Location: On the Sun
Posts: 311
Quote:
Originally Posted by Kimmykim
Not to insult anyone here, but in all honesty, this is a complete pipedream. Visa and Mastercard don't work like this, and frankly, they like the situation the way it is now.

Getting your own merchant account is the only option besides using an IPSP, and you are not allowed to co-op on those and be in compliance with the card association regs, let's be clear on that.

One company, one merchant account. There is a reason that unregulated aggregating is so far outside the rules it's not even funny.
Why? There are co-op banks... I don't see how the ownership structure of a corporate entity has any bearing on visa/MC compliance. If CCBill had many owners, would they not be allowed to act as an IPSP?
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