Quote:
Originally Posted by socalkev
Potter,
While the Court case itself did not involve this issue, the article I referenced did. I will quote it below.
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And again, they were referencing that per the court case basis of
denying processing. Nothing they were discussing was referring to higher fees. This was all about
denying processing.
There are rules and regulations in place by these institutions about what they define as high risk. Some of those rules and regulations are used when defining what the processing fees will be.
This case was about vendors being
denied processing, and that case referenced the rules and regulations on what institutions defined as high risk. There is literally no issue or circumstance here about higher processing fees based on risk evaluation.