Quote:
Originally Posted by jcsike
in this industry, with processors, you have to police them yourselves. No processor is going to admit they are having trouble, because when that happens, their incentive is to save their own business and they tend to use their clients funds for that purpose and/or their own income.
by the time they admit and apologize that there are payment issues, nobody is going to get anything.
however, if your one of the early ones that demands their money, they will give it to you in order for you not to make a stink about it
some people got all their money from ibill, others that believed their sales reps, waited a few months and got nothing
name 1 processor in adult that would survive 30mil of their money being frozen indefinitely
|
Please re-read my post. I am not against policing processors or anyone else for that matter in this biz. What i do have a problem with is somebody posting a thread saying a company is out of business when they are still up and running.
As far as the molehill comment, I was referring to the fact that people were jumping all over this guy because he lost his cool for a moment. People seem to be more concerned with his one sentance than the fact that their ACH went down and have all this money frozen.
Personally i would be pissed to if someone started a thread saying HotCams shut down by Feds when we were not.
Oh well, just another day on GFY....