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Originally posted by jennycards
iBill is actually offering both 3rd party billing AND billing services for people having their own merchant account.
Nothing new about that. And nothing that should make you any extra worry.
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If there is nothing new about this, then why would they say:
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In order to continue to utilize the Service it is necessary for Client to open its own merchant account.
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If you already had a merchant account and were using iBill for billing then obviously they wouldn't tell you that you need to get a merchant account to continue the service. You would already have a merchant account.