Quote:
Originally Posted by mmcfadden
So its a processor fee masking visa as the reason?
Just want to understand where my money goes.
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I have no idea exactly where the money goes, but I think the ipsp is required by VISA to have a "visa dept." checking stuff. And the fee finances this dept. And I think this is only for US based ipsp's.
I could be totally wrong, but this is what I have reasoned in my mind based on tidbits of information I have read over the past 6 or 7 years when all this shit started.