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  1. #1
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    Lightbulb are thes guys guys that aree trying to regulate the sytem real ?????NAMAA

    THESE GUYS SEEM FISHY TO ME DOES ANY ONE HAVE ANY MORE INFO WHAT ARE THE BENEFITS OF JOINING WITH NAMAA AND WHY SHOULD I PAY 3K PER MONTH TO BE A PART OF THE ASSOCIATION ATTACHED IS THE LINK FOR THE WEB SITE AND JUST SEEMS NOT OFFICIAL GIVE SOME FEED BACK PLZ

    http://www.sbfassociation.org/

  2. #2
    Veteran Reputation points: 134971 Chambo's Avatar
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    It's a Cartel of the major Funds in the industry. Trying to set standards (before the Gov't comes in and does it for us), and notify each other of fraudulent merchants.

  3. #3
    A forum user Reputation points: 2147483647 Sean Cash's Avatar
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    Quote Originally Posted by DWAYNE WEBSTER View Post
    THESE GUYS SEEM FISHY TO ME DOES ANY ONE HAVE ANY MORE INFO WHAT ARE THE BENEFITS OF JOINING WITH NAMAA AND WHY SHOULD I PAY 3K PER MONTH TO BE A PART OF THE ASSOCIATION ATTACHED IS THE LINK FOR THE WEB SITE AND JUST SEEMS NOT OFFICIAL GIVE SOME FEED BACK PLZ

    http://www.sbfassociation.org/
    This is a trade association that has been around for a very long time in this industry. As for it not seeming "official," I can assure you that it is comprised of legitimate companies.

    The primary benefit is data sharing on defaulting/fraudulent merchants. Many will attest that the monthly dues are worth it for that reason. On the lobbying front though, they are not that active.

  4. #4
    Senior Member Reputation points: 903 Scott Williams's Avatar
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    Funders can always looks at additional sources in regards to sharing data on defaulted/fraudulent merchants.

    DataMerch
    www.datamerch.com
    swilliams@datamerch.com

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