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Are they doing this to avoid the geographical rules of Visa US & Visa EU? They don't mention that you need an address in any particular area. If it works, it could be a good solution for webmasters outside the US. I think I'll wait & see before I cough up the $1500 though.
"Currently, October 2004, it appears that more and more online Internet merchants find their principal place of business outside of the United States. All these new merchants need security and compliance verification with Verotel's European acquiring banking relationships."
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