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Stanislav Ezersky2011-01-28 03:44:41
Payment systems
Stanislav Ezersky, 2011-01-28 03:44:41

Domain ownership in e-commerce and internet acquiring?

Dear, the following question arose, should the domain on which the electronic store operates belong to a legal entity in order to work with credit cards, such as Visa, Mastercard?
Let me explain.
I handed over a ready-made electronic store to customers, the question arose about paying for goods with electronic cards. We chose a bank (VTB24) and here the most interesting thing began: the bank demanded to re-register the domain to a legal entity , in a particular case, to an LLC, which has the right to electronic goods circulation and who, accordingly, owns the electronic store.
Does the bank have the right to force re-registration of the domain to a legal entity? Currently, the domain is registered to an individual. The agreement with the bank is concluded on LLC.
I really hope that someone has come across similar issues and somehow solved them.

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2 answer(s)
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petrovi4, 2011-01-28
@petrovi4

This is a requirement of the bank (actually, strictly speaking, here you are interacting not with the bank, but with the processing center of this bank, which adheres to the rules not only of the bank, but also of the International Payment Systems). At the same time, MPS (neither Visa nor Mastercard) does not limit the list of requirements that processing can impose on the merchant.
Another thing is that if, for example, you implement a payment data entry scheme directly on your site, then you should receive pci compliance (this is part of the pci dss standard). But there is nothing about the ownership of the domain nat. no face.
Those. from the point of view of processing, such a requirement is quite legal, although not entirely correct.

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Denis Turenko, 2011-01-28
@Dennion

I have a domain for physics, the processing center raised his eyebrows, but allowed the total. And if they do, then either re-register or look for another processing center.

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