Re: [OT] Merchant Accounts

This WebDNA talk-list message is from

2007

It keeps the original formatting. numero = 69554
interpreted = N
texte = The reason for all the hoops lately has to do with the new PCISecurity Standards.https://www.pcisecuritystandards.org/pdfs/pci_dss_v1-1.pdfThe PCI DDS requires that all merchants perform external networkscanning to achieve compliance. Acquirers may require submission ofscan reports and/or questionnaires by level 4 merchants.Validation procedures and documentationAcquirers must ensure that their merchants validate at the appropriatelevel and obtain the required compliance validation documentation fromtheir merchants. Acquirers must submit monthly status reports to Visaand all compliance validation documentation must be made available toVisa upon request. Acquirers and merchants should also verify thecompliance reporting requirements of other payment card brands whichmay require proof of compliance validation.On Nov 16, 2007 9:23 AM, Donovan Brooke wrote:> Hello,>> I am increasingly frustrated with my Merchant Accounts.> I chose quite a while ago to go with Wells Fargo. They> however are not cheap... and getting more expensive> every year. They are also increasingly difficult to> work with. The bay area support line is now routed> to New York... and you don't get a live person when> you call it (you have to leave a message). Lastly,> the last client that I referred to Wells fargo is> having to jump through a series of hoops to get> his account established. I have never seen that> before. (hoops such as an "underwriter" has to> validate the site etc..)>>> Are these changes across the board? Is this becoming> a bureaucratic nightmare? If not, I'd sure like to> hear some success stories so that I can consider> other options.>> Thanks,> Donovan>>>> --> =o=o=o=o=o=o=o=o=o=o=o=o=o=o=o=o=o=o=o=o=o=o=o=o=o> DONOVAN D. BROOKE EUCA Design Center>> <- Web Development (specializing in eCommerce),->> <- Desktop Publishing, Print Consulting, Labels ->> <- Glass Blowing, and Art Glass ->>> PH/FAX:> 1 (608) 770-3822> Web:> http://www.egg.bz | http://www.euca.us> =o=o=o=o=o=o=o=o=o=o=o=o=o=o=o=o=o=o=o=o=o=o=o=o=o>> -------------------------------------------------------------> This message is sent to you because you are subscribed to> the mailing list .> To unsubscribe, E-mail to: > To switch to the DIGEST mode, E-mail to > Web Archive of this list is at: http://webdna.smithmicro.com/>-------------------------------------------------------------This message is sent to you because you are subscribed to the mailing list .To unsubscribe, E-mail to: To switch to the DIGEST mode, E-mail to Web Archive of this list is at: http://webdna.smithmicro.com/ Associated Messages, from the most recent to the oldest:

Re: [OT] Merchant Accounts ( Jesse Proudman 2007)
Re: [OT] Merchant Accounts ( "sal danna" 2007)

The reason for all the hoops lately has to do with the new PCISecurity Standards.https://www.pcisecuritystandards.org/pdfs/pci_dss_v1-1.pdfThe PCI DDS requires that all merchants perform external networkscanning to achieve compliance. Acquirers may require submission ofscan reports and/or questionnaires by level 4 merchants.Validation procedures and documentationAcquirers must ensure that their merchants validate at the appropriatelevel and obtain the required compliance validation documentation fromtheir merchants. Acquirers must submit monthly status reports to Visaand all compliance validation documentation must be made available toVisa upon request. Acquirers and merchants should also verify thecompliance reporting requirements of other payment card brands whichmay require proof of compliance validation.On Nov 16, 2007 9:23 AM, Donovan Brooke wrote:> Hello,>> I am increasingly frustrated with my Merchant Accounts.> I chose quite a while ago to go with Wells Fargo. They> however are not cheap... and getting more expensive> every year. They are also increasingly difficult to> work with. The bay area support line is now routed> to New York... and you don't get a live person when> you call it (you have to leave a message). Lastly,> the last client that I referred to Wells fargo is> having to jump through a series of hoops to get> his account established. I have never seen that> before. (hoops such as an "underwriter" has to> validate the site etc..)>>> Are these changes across the board? Is this becoming> a bureaucratic nightmare? If not, I'd sure like to> hear some success stories so that I can consider> other options.>> Thanks,> Donovan>>>> --> =o=o=o=o=o=o=o=o=o=o=o=o=o=o=o=o=o=o=o=o=o=o=o=o=o> DONOVAN D. BROOKE EUCA Design Center>> <- Web Development (specializing in eCommerce),->> <- Desktop Publishing, Print Consulting, Labels ->> <- Glass Blowing, and Art Glass ->>> PH/FAX:> 1 (608) 770-3822> Web:> http://www.egg.bz | http://www.euca.us> =o=o=o=o=o=o=o=o=o=o=o=o=o=o=o=o=o=o=o=o=o=o=o=o=o>> -------------------------------------------------------------> This message is sent to you because you are subscribed to> the mailing list .> To unsubscribe, E-mail to: > To switch to the DIGEST mode, E-mail to > Web Archive of this list is at: http://webdna.smithmicro.com/>-------------------------------------------------------------This message is sent to you because you are subscribed to the mailing list .To unsubscribe, E-mail to: To switch to the DIGEST mode, E-mail to Web Archive of this list is at: http://webdna.smithmicro.com/ "sal danna"

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Re: [OT] Merchant Accounts

2007

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