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Hey all, just to clarify it is not all our clients.. It is only about 10 to 15%. The reason is we had some aggregation of questionable content being run through our system by one of our merchants and the card brands picked up on it. So they told us to remove the URLs from the portfolio.
The banks now want to review the URLs that they thought would pose a risk. Even though all the URLs they want dont have any issues as far as we can see.
It has been an ordeal because, as you all know, usually a processor would get notice before something like this and would warn the merchants of questionable content and then the merchant would remove it. And usually it is Visa/MC that wants to view the URLs, not hte banks themsselves, but our banks actually want to review some of them.
The reason is, our banks have become quite conservative with all the messes of late (Acai, Colon Cleanse, etc.)
So unfortunately we must comply with their wishes.. Even thnough it will cause a problem for some of our merchants and we deeply regret the issue.
Rest assured we are not going anywhere and people are being paid so no IBill situation or anything like that. The boss is in meetings with the banks as we speak going over all teh URLs that the bank questioned and they will sort it out.
Hope this clarifies it.
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