P.S.
All major billing companies have fucked so many acquirers already that it doesnt help at all.
Problem is acquirers KNOW EACH OTHER. It's a very small business. They exchange experience and stuff like that.
The only country in world where there are a lot of acquirers is USA. There is no other country like it.
Why? Because in USA Visa made a tactical mistake - they didnt limit the amount of processors.
In the business where the service between competitors is the same (You cant have a good or a bad processor, the credit card either gets processed or not) the only thing left for competition is prices.
Therefore the cheapest processing one can find is USA.
After that stuff VISA started to limit the amount of acquirers in other countries so that the profit stays higher cause the prices or processing are higher.
For example as opposed to USA where there are 60 I think or so acquirers:
In Netherlands there are only 3 acquirers. Only 1 is e-commerce capable.
In Germany - 4 or 5.
In Norway - 1
In Denmark - 1
In Russia - only 3 are capable of e-commerce transactions out of 8.
In UK (headquarters of EU e-commerce) - 7 or so.
Now lets see ON RUMOURS.
I will NOT say that this information is correct and I pass it as it was passed to me. I will not name big or average size billing companies who still operate because I have no wish to interfere with their business, just some notes for Your info.
In Netherlands - at least 2 or 3 billing companies has numerously fucked the only acquirer present there (Globosale for example processed lolita transactions there, Dutchbilling didnt even check for CVV2).
In Germany - PAGO was fucked by all big billing companies who promised heaven on earth and brought hell.
In Norway - VisionBill was even listed on
www.visa.no till poor vikings realised VisionBill does not sell exactly BOOKS.
In Denmark , in a SACRED COUNTRY FOR ADULT TRANSACTIONS because other than Holland it's the only place left in EU where adult is 200% legal, the only acquirer (PBS) was fucked by one of the big 3 companies You know as long as several years ago for tens of millions of USD.
In Russia - all 3 e-commerce capable processors , solid as rock, beleive it or not, were fucked by SunBill/BillCards , SiteKey and a few more lolita billing companies. In the end a hell of chargebacks came along with authorities (no wonder heh?
).
In UK - nobody it seems was fucked. British are smart dudes!
The problem with these companies , third party billers, is that they make huge bucks on processing and they will do ANYTHING to keep it this way.
Every trick in the book.