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Discuss what's fucking going on, and which programs are best and worst. One-time "program" announcements from "established" webmasters are allowed.

 
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Old 07-14-2012, 01:39 PM   #1
habibjr
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the visa/mc settlement.our we gettin a refund

from the article, it seems if we had a merchant account via epoch/ccbill our visa/mc rates should be getting lower and we should be getting a refund..does this seem right?
http://www.xbiz.com/news/151226
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Old 07-14-2012, 02:11 PM   #2
Wizzo
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I think it means Ccbill and Epoch make some money, not sure that will get passed down though...
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Old 07-14-2012, 02:14 PM   #3
fitzmulti
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Moreover, how does that affect the "VISA fee" going forward?
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Old 07-14-2012, 02:18 PM   #4
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What about non USA merchant
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Old 07-14-2012, 02:27 PM   #5
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Yeah I am sure you should get a refund for all those times you were forced to accept plastic at the same rate as cash for your paysites lol.

I read the article and I don't think it will affect online stuff at all since there is no cash option that is viable.

I think it would be wise to remember that Visa and MC along with acquiring banks enjoy a position of immense power and will undoubtedly just find a new hole to fuck us in.
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