I would have to say, without coming across as my name implies, that the answers to this Glo Bill situation is very slick.
You keep stating that Glo Bill has NO SET UP FEES! Neither does CCBill nor Ibill (if you know the right people). That is a correct statement but I am surprised that no one else has picked up on this sooner
A set up fee is COMPLETELY different from a Visa Regulation Fee for merhcants (3rd party and alike)! Visa and MatserCard both charge annual fees for those with merchant accounts (not referring to 3rd party here). Those fees are NOT imposed by the merchants card processing companies (i.e, cardservices, ip technology) but by Visa and MasterCard themselves.
Hence, a set up fee from a 3rd party processor is NOT a fee imposed by Visa or MasterCard. What V/MC imposes is what they impose and is SEPARATE from ANY merchant service(i.e., cardservices, ccbill, etc...). CCBill, IBill, etc cannot legally or ethically charge you $750.00 and say it is a fee from Visa for if Visa got wind of that, then they can shut these companies down with a single phone call and two simple words....SHUT DOWN!
So my question is here, is Glo Bill going to dodge Visa's new policy whereas those who transfer their accts over will find somewhere soon down the road that they have to pay and are possibly in violation REGARDLESS of the information that has been passed on to them, or is further reseach going to be conducted whereas you will find out that Visa is like the facist regiem that they are and once a decision is made, the webmaster truly has no choice but to pay? $750.00 is NOT a set up fee; it is a VISA POLICY period!
This is a big issue here and to take a "word" on it is riduculous or can Glo-Bill put this in writing for webmasters who are looking to transfer their accounts have the backing, in WRITING, that we need god forbid the building topples down around us?
