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Ugh... messy thread.
Here is the way it breaks down.
- Visa US charges a registration fee. Visa itself is an association of banks.
- US HRIPSP's collect the Visa fee of $750 per company (not site). The majority of that fee goes directly to Visa US and the remainder to the acquiring bank and the processor.
- If you use multiple US HRIPSP's you will pay the registration fees per processor.
- There are no registration fees for MasterCard.
- There are no registration fees in the EU region.
I hope this clears up any remaining confusion.
BTW - An FYI for you all. Visa reads GFY. (I'm not kidding)
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-- Rand
Payment Industry - Communications - Quality Assurance
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