[jbrown]

This conversation seems to have spiraled a bit out of control. I won't name names, but it's not Rapid that I had the conversation with. Not sure where mcaguru came up with that?

My comments were misunderstood. We have 2,000 ISO partners and we have never sued one of our ISO partners. I have a lot of respect for agents and we always try to do the right thing. My whole point was to make everyone aware of what the industry discussion is and to therefore be smart in your own actions. I don't know what other funders have in mind with respect to agents or what they might do. I agree that if you act ethically and within the bounds of your contracts with your funders you should not have any exposure.

[Chambo]

My comments were misunderstood. We have 2,000 ISO partners and we have never sued one of our ISO partners. I have a lot of respect for agents and we always try to do the right thing. My whole point was to make everyone aware of what the industry discussion is and to therefore be smart in your own actions. I don't know what other funders have in mind with respect to agents or what they might do. I agree that if you act ethically and within the bounds of your contracts with your funders you should not have any exposure.

But cross Jeremy, and you get a call from Big Bad Tony Brown!