Ok, guys, I have just spent a ton of cash on LD calls to several CC processors and here is what I found out:
For all webmasters wanting to continue to collect from VISA, will register with VISA through paperwork that will be provided next week by the cc processors and pay the $750. Then anually the $350. No big deal in my book.
US webmasters have it easy. I think you all know what you need to do legally.
US address
US bank account
US tax ID if your a corporate or business entity
Social Security number if your an every day Joe.
For foreign webmasters
http://www.greencard-visa.com/settin...businesses.htm
Start reading!
These guys and others will help you set up your US company, with your US tax ID and US address, and US bank account!
The total cost is something like $350 dollars.
So your total investment to take care of this problem will be about $1100 US dollars.
Hope this helped.
btw, anyone who is sacrificing to do this, keep in mind, the other major CC cards will soon follow, such as Mastercard, etc...
Smiley