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Old 01-17-2015, 11:08 PM  
Far-L
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Join Date: Feb 2002
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Quote:
Originally Posted by Robbie View Post
So Paypal made them agree that they could only allow their customers to use Paypal if they also used Visa and Mastercard through Epoch?

Not only doesn't that make any sense...but I doubt it would even be a legal agreement.
I don't think Paypal would give two shits if someone was a client of Epoch and used MC or Visa. Why on Earth would that even be of any interest to Paypal.

I'd say it's just a business decision by Epoch. No big deal. It's their company. And I'm sure at 15% processing fees that they want their customers to use them in every way.
Makes sense.

Just seems like they would also want to grab the extra business from people who already have their own merchant accounts and don't need their credit card processing.
It is all about risk management and Paypal stopped processing back in the day because of the issues with companies "blowing up" banks running their own merch accounts. Epoch had to jump through many hoops to get Paypal back and they deserve big praise for their efforts imo.
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