Quote:
Originally Posted by _LB_
Pam .. I have been asked for , and supplied the same info to MB and Paypal. I think you will all find its a matter of time before all online payment companies ask for those documents especially if they want to deal with US banks.
To have a Visa bank on board unfortunately you have to resign yourself to following some US laws. People who refuse to supply docs to these companies are just going to have to eventually stop using such services. Most countries are tightening their anti money laundering laws and I think you are going to see much more of this in the future..
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I don't agree with "having a Visa bank on board" because if you did, you'd be able to issue chargebacks and ePassporte won't allow it.
2 years ago I purchased software online and never got it. I issued a chargeback and ePassporte would do nothing for the non-delivery of merchandise.
If they were a credit card processor, it would have been done. If they were regulated by a bank, I could have taken it further.
I will supply documentation when it's legal to ask for it, and most importantly, when I know it's kept securely. Hundreds of ePass accounts have been "hacked" in some way or another.
PayPal is based in the USA and if there is an issue, I can take action. With ePass being hidden in some other country, well, our hands our tied.