Nope, they're the majority of the market. Discover/Amex are a very small portion.
They're also just a clearing house for your transactions. So you'll get merchant processing, then usually get discover/amex approved separately for that merchant account.
Once you're blacklisted, it's shell Corp city from there on out. And your relegated to the gray area of America (which is thriving btw).
So Gab gets a new merchant account, which accepts Visa/MC, visa then leans on the bank/processor to shut that merchant account down.
Sucks, he's def fucked. It's why you never associate your name with a brand or processing, imho.
Nope, they're the majority of the market. Discover/Amex are a very small portion.
They're also just a clearing house for your transactions. So you'll get merchant processing, then usually get discover/amex approved separately for that merchant account.
Once you're blacklisted, it's shell Corp city from there on out. And your relegated to the gray area of America (which is thriving btw).
So Gab gets a new merchant account, which accepts Visa/MC, visa then leans on the bank/processor to shut that merchant account down.
Sucks, he's def fucked. It's why you never associate your name with a brand or processing, imho.