Quote:
Originally posted by David - PG
Ibill just lost the ability to process as an IPSP in the US. Their whole business model is flipped around 180 degrees. Right now as it stands 96% of the revenues they earned in the last 12 months are at stake.
There are zero advantages at this stage. Nada. Nichts. Nulla.
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I was thinking about that I dont think Ibill lost their ability to be a ipsp. As we had spoken about on this board before there is a good chance the third party processor model is going away . I think its more of a case of iBill staying ahead of the curve and doing what will be best for themselves and their clients longterm. I think all of us going to our own merchant account is a good thing , first your money is in your bank account every day no more wondering and secondly you run your business correctly you have nothing to worry about.Third people with very low cb ratios will not be carrying the companies that fuck surfers anymore. They will have to answer directly to the bank.