Quote:
Originally posted by mryellow
OXBill, Cardsgate and many people working via ECS were taken down at the same time. Globill went down a few days after them and stated the same reasons. Strangely ACPay also states the same reasons.
If you read carefully you'll notice all of them say that their *bank* was shut down because of pressure from Visa. I was told that Visa had problems with their reporting and requested much more vigorous reporting.
I know of one bank in Romania that was taken down in this manner but I'm not sure if Globill was also using this same bank. Being in Romania and processing for high-risk merchants you'd have to think that this was a once off for a particular bank and their customers. However it could be part of a larger pattern.
For all those that think "play by the rules" or "use CCBill" is a valid response please take into account the many webmasters who are not American and who would need to incorporate in the US to play by these particular rules. We'd love to play by the rules.... but someone should really tell us what they are. As it stands the situation in the US is quite clear now, however the rest of the world is still scratching their heads wondering what Visa's goal is.
Is Visa's goal to force everyone under the legal banner of the US?
Will US corporations be the only entities allowed to run adult sites?
Will Visa present a real and equitable option for EU companies without pulling the rug from under our feet?
Do they want better reporting from EU banks but don't have a way to enforce it without creating this kind of turmoil?
Do they just want us to stick within our own Visa zone?
Do they just want to shut us all down... slowly?
At this stage incorporation in the US is one of the only options that look to have a future for non-US webmasters. There really should be legal options to take in the EU. However to work within our own zone legally in the EU still carries a risk of being shut down from further up the food chain.
-Ben
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Some valid points raised in this post.
We have UUS incorp, but we were an EU company and would have liked to stay as such, but could not take the gamble.
Imagane a world where there was a valid alternate payment option usable by the same number of people with credit cards.
Its seems more and more likly that we are going to have to find those "loop holes" to maintain any kind of business model
And sooner or later the powers that be, will discover these and close them down.
We sit in the office daily scrating our heads, trying to work a way to bill without visa. Simple truth right now, they aint a viable alternate.