Quote:
Originally Posted by becky
I heard a few days ago that they were losing their US merchant account but this is not entirely the truth. Yes they are not processing transactions at a US bank at the moment. They've been working on a new US account for the last 6 months. I believe they are sending the transactions through their EU solution for now while they finish up integration with the new US bank.
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Are they the only processor in the ARS cascade?
I think Visa has a term for this too. US companies using an EU solution as a processor.