Quote:
Originally posted by Gramma
I don't think it refers to like ibill, jettis, etc - I wrote and asked my processor, and they told me that it would not affect me at all (jettis) .. this was like 2 weeks ago when I first heard about this.
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"...by stopping merchants from accepting credit card payments through third parties"
"on May 1 Internet merchants and other mom-and-pop firms that rely on third-party billing could miss out on sales via..."
"According to MasterCard, its 15,000 members, such as banks and credit unions, won't be able to process credit card transactions using third-party services..."
"The change is likely aimed at porn and gaming sites that have higher occurrences of credit card fraud and identity theft"
interesting how it won't affect ibill, globill, etc