Quote:
Originally posted by nevermind
Uh ... sorry Chris ... but page 27 of the lawsuit says the one percent threshold was implemented in March 2000.
Your lawsuit doesn't mention that your company was not informed about this in 2000. I assume that if you weren't informed, you would have mentioned it.
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LOL, nevermind, you've actually managed to fall from your high (although dead) horse, and land on your soap box without breaking so much as a sweat it would seem.
Couple of interesting points here for you to chew on and regurgitate back out like the vomit omelette on Jackass...
Both Visa and Mastercard have different regions with different requirements, and if someone happened to be settling cards in a different region they may not have fallen under the same regulations as exist today without cross border acquisition. Of course I'm sure you'll dispute this to your death, but I'd suggest you use your brain and see if you can get someone who was perhaps a PRI client to explain how these things can happen, more specifically August of last year. Not something that affected IPSPs but something that had far reaching ramifications for the good, the bad and the caught in the middle.
Next item up for grabs is the fact that to the best of my personal knowledge (which is like a damned old elephant that cant get out of the yard because you built a fence after it was in), Dan and SA were in charge at Epoch in March of 2000. I don't seem to recall Chris being there until at least May. Nor do I seem to remember ANYONE who's done business with them say that things weren't in a tremendously fucked up state of affairs, regardless of who the previous management was or what they might have done to create the situation. Their faults as a company then are already on display in the suit I mentioned earlier, being the one against Andy et al...
Last but not least, I have come to realize that the volume of business you generate is pretty small and while I don't hold that against you, it's obvious that you have zero grasp of how a high volume transaction base is managed -- regardless of whether it's IPSP or own merchant account. So you end up like a little dog, yipping at someone's pants leg, hoping to tear the cuff. This last comment is not based on your comments regarding Paycom, but on your apparent naivete and demonstrated lack of knowledge regarding credit card processing. I'm sure you'll debate this, but really, card processing is the same in any industry, not just adult. It wasn't two years ago that Expedia alone had to admit to 2 million in uncaught fraud during a quarter... it happens.
Perhaps you'd be happier working in some other industry, like pharmaceuticals or tobacco?