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Re: RB_79 post# 132423

Sunday, 05/25/2014 4:07:31 PM

Sunday, May 25, 2014 4:07:31 PM

Post# of 163026
I've looked at several of your examples and don't see any that actually offer VISA or Master Card services to the merchant. They all say they process cards. Some of them are just point of sales devices that process the cards but don't actually offer the card services. A few others offer a specialized card that can then receive payments via Master Card or Visa. Several more offer offshore accounts for high risk merchants which would probably have higher fees and could have tax implications when repatriating the funds. Of the ones I checked, none of them actually offer direct VISA or Master Card service where the customer can simply pull out their major credit card and make a direct payment with no other signup or hassle.

Give us one example that clearly states that the merchant can contract for direct major credit card services where the customer has to do nothing but give the merchant their card for payment. These companies would be licensed to have the credit card logos on their web page.

Les