Credit card processing company! Your thought?

Discussion in 'BlackHat Lounge' started by MafiaBlack, May 23, 2017.

  1. MafiaBlack

    MafiaBlack Regular Member

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    Hi

    We have stripe, 2checkout and many others credit card processing companies. And they stand with their own policies

    I'm thinking why not i create my own credit card processing company and have my own policy? I can accept payments without worrying being rejected or refunded or account banned

    Is it difficult to open a credit card processing company and use it only to myself? Any thought?
     
  2. Sephrata

    Sephrata Jr. VIP Jr. VIP

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    Read Visa and Mastercard policies and rules.
     
  3. Gogol

    Gogol Jr. VIP Jr. VIP

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    We have a common conception that payment gateways have their own policies for barbaric reasons, but it is actually not the case. Even if you manage to get the gateway up, companies like visa and mastercard will need you to have the same policies!! For payment gateways, this is even more strict. I mean, 0.x% cb and you are gone!

    Plus consider writing code, getting compliant, hiring lawyers and whatnot!! Imho, would be better just following the rules.. or may be try getting married to mastercard director's girl and visa director's girl at the same time (which would be an equally bad idea i guess)