New Visa regs - answer re. company/individaul required
Does anyone out there have an answer from an offical source as to whether the new Visa regulations as being implemented by CCBill and IBill etc. will allow inidividuals to register as merchants or do they (as some sites/articles seem to imply) have to be a company.
One of my clients is trading as an individual rather than a company and is getting worried in case they have to incoporate before the Visa registration. As CCBill so far have not issued any forms you can probably appreciate the worry over this situation.
We use a merchant account and only have a need to have a DBA, so I cannot see how Visa would require a 3rd party processor to have someone be anything more than that. Most especially if a regular merchant account only needs this.