. A reputable educational entity is being denied processing service to accept payments as they have been put in the terminated merchant list. No explanation and the entity does not gave any know issues. What is thier recourse #payments @dgwbirch @__JasonMarshall @BrianRoemmele
Sam, I hear ya. We can go to DM on this issue if you like. I suspect it may be a typical way these new payment entities respond to an ex post facto understanding technique that hyper reacts to a mis understanding of a true underpinnings of a business.
-
-
New info. Principals in the entity invested (just put money in a seed round no more) in a startup that went bankrupt. They themselves have no issues Seems like a grave error otherwise all VC firms and angels would be on this list :)
-
Sam, I hear ya. If the principles are not in a undischarged bankruptcy, there should be no issues. Unless they are in the vector of new Beneficial Ownership rules. But this would mean the forms were not correctly viewed by the merchant processor.
- 2 more replies
New conversation -
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.