Quote:
Originally posted by Kimmykim
European companies absolutely have the option of using an EU processor; American companies do not.
Cross border acquisition is not something newly prohibited, however it's strenuous enforcement is new.
Of course people were warned in October of last year how the new rules were supposed to be applied -- it would seem that the loose interpretation that some took with it proved to be the wrong interpretation.
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Yes I agree they are euro options, but very limited, and the list of european ccprocessors hitting the wall is getting longer.
sure this is down to either their bank saying game up. or the billers not adhearing to the rules.
The list of fully compliant eurpoean 3rd partys is getting smaller. and of some of those that exsist we have heard horror stories.
These days if anyone could come up with a solid legal option that would allow me to trade and concentrate on what we do best "selling memberships" I would happily give them a partnership.
Any offers ?