Information on Visa Rules - Information Only
 

This post is information you NEED to know ? so please do not expect me to comment on replies that accuse me of marketing.

Here are the facts on Visa?s cross-border rules and very recent answers to a few questions. There have been a number of inaccurate posts here that leave the reader with a false sense of security. We are all affected if these rules are not followed. This is basically the same information you should have read in the past from Paycom, iBill, CCBill and Jettis if you were around when the IPSP rules went into effect or have become a Registered Sponsored Merchant, ever, in the U.S.

You are a Registered Sponsored Merchant under an IPSP, if you are currently processing and settling transactions (sales) through Paycom, iBill (US, not EU), CCBill (US, not EU) ? the only IPSP?s that I am aware of today.

If you are a Registered Sponsored Merchant you declared and represented to the IPSP, at the time you were registered, who in turn represented to Visa, that you are a US entity or resident and that is where your principle place of business is located.

You may not change this status unless you form an entity or move to another country outside of the U.S., Puerto Rico or the U.S. Virgin Islands. If you do change this information your processor may stop processing for you in the U.S. and settle your transactions in a bank in that other Visa Region. You may not process and/or settle for a day, week, month, or even a minute for that matter, across Visa Regions.

You may not process or settle transactions in two different regions at the same time. If you do, you are in violation of the U.S. Rules and your back up or secondary IPSP will be forced to terminate your processing.

Do not, repeat NOT allow your IPSP to cross border acquire your transactions. If you are currently unaware of which Visa Region your U.S. registered URL?s are being processed AND settled in, ask your IPSP. Get that answer in writing. If you can?t get it in writing it does not count. An IPSP that violates cross-border rules may be terminated by Visa and you, as a Registered Sponsored Merchant, risk being terminated as well, possibly system wide. That would mean you would not be able to process and/or settle with any U.S. IPSP - ever.

The above are only some of the reasons we feel it appropriate to make sure the industry is informed. It affects Paycom if another IPSP is violating rules, as the sale of the commonly shared Sponsored Merchants, through no fault of our own, may be lost, thereby creating ratio problems for the entire book of business.

Consider this a written confirmation from Paycom that if you have an account with us your transactions are all processed and settled in Visa USA in accordance with all IPSP Rules.

If you are a Registered Sponsored Merchant, processing and/or settling with one of the three Registered IPSP?s in the US and are also processing those URL?s or that entity?s sales under any other scenario, except where you have your own Merchant Account in Visa U.S., you are also at risk of termination.

We are all connected folks ? so please keep informed with accurate data about these and other rules.

Thanks Chris good info to have. NakedSword is happy to be working with you guys and thank your staff for answering all of our questions. Amparo, Amanda and Shaliza kick ass. :)

Hey Chris, how many times are you going to post this? It's obvious you guys are intent on trying to put your competition out of business. How many calls have you guys made to Visa getting them to verify where transactions are being processed? I bet you've had people calling there non stop trying to figure it out.

I think it's no secret where Rick Latona got his information leak from. All I have to say is you better hope your efforts pay off or it may come back and bite you in the ass.

Every passing day it becomes more obvious exactly what your intent is. You might want to take off your dancing shoes because you won't be dancing on anyone's grave just yet.

Proof that processing your sites in the USA is like having a 12 step Rectal Exam!

The EU looks better and better everyday

I love the name of this board: Go Fuck Youself. You should never assume. Further, you don't know me. If you did you would not be stirring this up. I tried, as alwyas, to be informative. You may do business as you are trying to portay me, I don't. But I can't prove a negative. So I won't answer your or others statements like this any more on this thread.

Try and get some perspective. This is bigger than adding a few joins a day. Please re-read the post with an eye towards learning something instead of making it negative.

That is all from me, I'm going to the Epochgirl Photo Shoot for AVN...


C

Oh please stop this is so transparent , you got Rand doing the same thing on another board. Your making yourself look desperate nothing more.

LOL Sure Chris SURE! hahahahaha :1orglaugh

Transparent isn't even the word. Chris you are a riot. :1orglaugh

doober:

I thought para 45 sub clause 232 was a rectal exam?

Nice to see the rest of the world is actually free and don't just talk about it :-)

Yea... EU is *much* better! :glugglug

Seems that you do suck the cock of whoever pays you the most. I have lost a shit load of respect for you over recent days. I'm sure you don't care, but you are as transparent as the window I look out right now and laugh through.

You hated him them and called him out, and now you are owed money. Suck that cock boy, just make sure you do it in private :1orglaugh

old thread

You just bumped a thread from 2004 to tell a guy you lost his respect. Who's sucking who's dick again?

Yup, umm ok. Your post carries zero logic.

Oh, excuse me. My life is so pathetic I go searching 6 year old posts on the interwebs to prove how cool I am...

Hey internets!

Nom Nom Nom

You must be black, because you still make no sense. Do I need to hire a social worker to decipher your posts? :)

Like I give a fuck if some retarded troll has the mental capacity to keep up with me.

RUH - ROH!!! :Oh crap

What I think that people on this board fail to realize, is that this is the livelihood of the people that are involved. All of you people that are claiming that EPASS will come through are speculating, crossing your fingers, saying your prayers etc.

When you make a solid agreement and a relationship with somebody that puts all of their faith in you, as well as their money, you are making a really BIG promise. And you had better fulfill it.

If you think that people getting fucking mad at a situation like this is unfounded? You have issues or you have nothing vested. I am guessing the latter.

I have heard of the cops finding a severed head by the railroad tracks over $500 before. This happens daily. The fact that these people have not come forward with any solid information in two weeks is really cutting into their credibility not to mention people can not FEED their families.

Don't hate, appreciate the matter for what it is. This is most likely going to turn out to be Ibill v2.0 although I hope I am wrong :2 cents:

:thumbsup:thumbsup

They should ban your ass today, randy.

:winkwink::winkwink::winkwink:

Ibill all the way

wtf 6 years old thread!!!

It may be a 6 year old thread but how come Chris came out and spoke to his clients then but he can't do it now?

GFY classic, or classic GFY?