Thread: iBill Update
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Old 10-04-2004, 04:18 PM  
collegeboyslive
Confirmed User
 
Join Date: Aug 2004
Location: orlando
Posts: 189
ok the account rep called me back finally.

here are the details of the new service offered:

same % as before ( read 12-15% )
no holds and in your accoun the next day

now here are the descrpencies between the paper i am holding and what the rep told me ( yes the rep seemed confused and is calling me back )

they say " no personal garentees, that ibill will still be garentting it all"
the paperwork wants everything from your HOME and business address to drivers licences and socials AND signing on the line stating you sre FULL personal garentee

they say if you already had a merchant account you are automatically approved.

paperwork says you can be turned down

ibill still wants to handle all chargebacks and "customer service" although in the past customer service usually means them forwardiung a customers e-mail to me to sort out.

IMO if they pay us, and THEY drop the personal garentees it may be worth having as a backup sitting there gathering dust , but at 12-15% for your own merchant account you can get much better deals out there.
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