What does VISA USA mean when they state that an IPSP can only register Sponsored Merchants in the Country where the Sponsored Merchant has a presence?
Under the new VISA USA regulations, an IPSP will only be permitted to register Sponsored Merchants for processing if the Sponsored Merchant has their corporation based in the same Country as the IPSP’s Acquiring Bank for VISA transactions. i.e. CCBill currently has a banking relationship with an acquirer for VISA USA, and thus can handle high risk processing for any Sponsored Merchant based in the US.
Related Questions
- What does VISA USA mean when they state that an IPSP can only register Sponsored Merchants in the Country where the Sponsored Merchant has a presence?
- In the statement "IPSPs can only register sponsored merchants in the country where the sponsored merchant has a presence". What defines Presence?
- How do I register with CCBill to become a VISA USA Sponsored Merchant?
