Quote:
Originally posted by Carrie@Dec 9 2003, 07:18 AM
I've got two questions that I've been trying to get answered but the west coast folks aren't in their offices yet (arrghh@time zones)...
I've had my own merchant account for years, but it was originally set up as doing online *mainstream* transactions. Still high-risk I would think, as it was for services (web hosting). Would I be able to use this for adult transactions?
Second question - if I can't or don't use the merchant account, would it be possible to go through Visa registration as a sole proprietorship and then update that paperwork when our LLC papers come through? It seems there are backups in all of the state offices here and we have no idea when the papers will show up. It could be another 2 months and that just isn't going to work.
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Unfortunately you cannot run adult transactions through a merchant account which is not coded 5967 for Adult Video Text. If you do so and get caught you will lose your account and may face penalities....not a good idea.
As for question 2, this would be up to the underwriter of the merchant account.
Clay
EPOCH