Originally Posted by mistermee

Thank you! This is absolutely the lesson that we should all have learned from the Ibill debacle. Unlike Barefoot, I do not know a single soul on this board, but it is clear to me that many, if not most Paymonde webmasters are getting shafted. The very fact that Paymonde refuses to comment either on their own site or here concerning the problems they are having OUGHT to send up a huge alarm to everyone!!!

My guess is that they will be out of business in a few weeks and that many of us will have lost our collective shirts for the second time in a year!

For me, I've learned my lesson. I will not trade with any processor who does not have a system in place that protects my money. Verotel and Segpay seem to me to be the only viable choices available to anyone who does not want to put their hard work and hard-earned money at risk.