Quote:
Originally Posted by Barefootsies
Well in this case, I am sorry to see you are burned again. I recognized the name. Luckily I have been happy with adding in CCBill as a secondary on my cascade, and Verotel as main on everything except tangibles, and custom orders (over $100).
I did not get burned this time, but I see you, and some of the others I recognize from Howie Nixon era. My sincerest condolences on this my friend.
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Ah.. the Howie era
Whatever the reasons and excuses this time, and irrespective of what future 365billing may have or not, and how accurate or otherwise their "press releases" are - the fundamental issue remains that most TPP's do not or will not provide *any* form of security for the funds they hold on behalf of webmasters.
The only two processors I know of who do provide an element of security as part of their biz model are SegPay and Verotel (you chose well!).
It's amazing that *any* processor even exists today where they cannot provide a biz model to secure client funds in the event of their demise - even more surprising are the so-called "big names" who still do not provide this. But again... iBill was a big name at one time, and time seems to be a leveller
