Quote:
Originally Posted by Robbie
The way I'm reading that...it's the AFFILIATE that should be demanding documents from the sponsor.
Not the other way around.
The SPONSOR is the one "providing services". The only thing an affiliate is doing is putting up a link that says: "hey, check this out"
I'm not the one processing the credit card as an affiliate, and I'm not the one "providing a service"
As usual, bad legal advice is being given in some misguided attempt to cover their asses.
I don't care if it's Europe, Asia, or America...I don't see any way that any government is going to want to see KYC info on an affiliate putting up links.
The SPONSOR is the one providing promotional material, taking the money from customers, and providing the service.
They've got it all backwards.
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You're missing the point. They want to know where and to whom money is being transferred. This isn't about who initially takes in the money. Sites could be setup legitimately but payments could be funnelled to terrorists under the guise of affiliate payments.
Of course they're interested in covering their asses. Wouldn't you be? And just because it isn't government mandated, associations like Visa and MC, and even the banks, are well within their rights to try and shield themselves by knowing who their customers are doing business with.
You'd need to provide all this information and more if you wanted to get your own ccbill, epoch, or even merchant account.