Forum Moderators: buckworks

Message Too Old, No Replies

Escrow services payment processing

         

Tupsi

10:37 am on Jan 21, 2010 (gmt 0)

10+ Year Member



Escrow services fall under high risk category of business since they are doing payment aggregation(accepting money on behalf of a seller), and VISA does not allow aggregation. How are they accepting online payment through VISA and MasterCard then?

lorax

6:53 pm on Jan 24, 2010 (gmt 0)

WebmasterWorld Senior Member 10+ Year Member Top Contributors Of The Month



Have you looked at the contracts for such services? There might be a clue in the language they use like the fee you pay is for "processing" or some such that allows the vendor to skirt the rules.