1. The ticketmaster type of registration if I am not mistaken is bs, just the same as "third party billing" in relation to VISA rules.
The point is very clear - You can not aggregate transactions which belong to different clients into one merchant account.
You are free so to say to develop ticket software being used by many clients, but each client will have to have a separate merchant ID.
The same applies to all virtual money systems (PayPal, E-Gold).
Moreover, on virtual money systems while they still exist the appropriate MCC codes must be applied at this moment on submerchants.
All systems that are working like claming that for example several sites of different clients are in fact theirs or that they sell tickets for access or that their clients are their providers and they are distributors have one drawback - as long as they publicly (via website) get their clients, it's against the rules.
2. VISA/MC does not want to know each merchant. Thats not entirely correct. Why should they want to know? They are a membership type of organisation for a good reason.
Unprofitable by the way , as far as the russian sites says (all money invested into further development). I dont think anyone being ok in the head will ever want to have a beautifull chance of looking through and making due diligence on 100 000 porn paysites.
They just want each acquiring bank to know each of their merchants. That's one of the things they get payed for. "Know Your client" and stuff...
The exception is IPSP with FDMS exactly because VISA didnt like the way FDMS used to know each of their clients.
Last edited by RedEye at Dec 8 2003, 06:31 AM