Originally Posted by Chio

Currently our accounts are with BOA and we are in the process of setting up the ability to do sub accounts (insured FDIC 100,000.00 per account)

Merchants will be required to send address verification, photo id, telephone numbers will be verified electronically bank and card verification. For ACH we require the above in addition to a signed Credit/debit authorization form.

By PCS do you mean PCI? If so, yes we have met all the requirements for PCI, and thus CISP and we are currently in the process of validating our status with a Visa approved QSA. We already have ACH authorization and our main focus right now is p2p payments (without card funding) until we can get the website completed the server migrated and the CISP designation.

Thanks for the questions, I would love to talk with you personally as you have always seemed very helpful and knowledgeable in respect to matters such as this. You can reach me via ICQ (in location)

I've got a lot of follow up posting to do before I head off for the evening. I'll check back in the AM.