X Nations - View Single Post - Verotel. Are they exempt from Visa Policy?

Bobby Vicious · 11-13-2002, 03:33 PM

Hi has anyone seen the Verotel homepage lately? They claim they're not affected by the new VISA rulings. It reads" In the last couple of days we contacted all the VISA and Master Card regulators in these countries to see if Verotel was threatened by this IPSP policy. Fortunately this is not the case." But wait there's more "Because Verotel provides its processing services for content subscriptions only, and not for product sales, (physical goods) Verotel is classified as a "Ticket Master" the same way a company can be classified by selling tickets for concerts or shows online."

Is this for real or just pure marketing bull? If this is ligit then an IBC and an account with Verotel will solve many problems.

11-13-2002, 03:33 PM	#3
Bobby Vicious Bobby Vicious should edit this Senior Member Join Date: Nov 2002 Location: Bahamas Posts: 162 xBucks: 5,105	Hi has anyone seen the Verotel homepage lately? They claim they're not affected by the new VISA rulings. It reads" In the last couple of days we contacted all the VISA and Master Card regulators in these countries to see if Verotel was threatened by this IPSP policy. Fortunately this is not the case." But wait there's more "Because Verotel provides its processing services for content subscriptions only, and not for product sales, (physical goods) Verotel is classified as a "Ticket Master" the same way a company can be classified by selling tickets for concerts or shows online." Is this for real or just pure marketing bull? If this is ligit then an IBC and an account with Verotel will solve many problems.