Quote:
Originally posted by Mike33
I think 3rd party will be around but not in the same capacity. It seems Visa is heading in the direction of forcing each webmaster or company to use their OWN merchant account rather than a 3rd party merchant account. It's a lot easier for them to monitor and shut down when not in compliance. Nowhere to hide type thing.
I think many are willing to do this. 3rd party will still be around to provide a lot of gateway services and possibly to continue processing for large reliable clients with no history of chargeback problems?
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absolutely... this is what I was thinking when the first Visa slam happened, with the $750 registration fee thing... it just felt like that was the beginning of something bigger, and now it looks to be leading exactly where you just said. Not surprising at all really. Looks alot like a multi-phased kind of thing.