Originally Posted by Webby

Unless there are tangible/sellable assets worth more than $2500 - the name Globill is not a desireable one :-)

I'm the same as you on iBill - or any processor - last thing we want is less processors, - forgetting anything about competition between processors.

Tho, who knows, but I smell the end of the day for what is known as "third party processing". This is a horrible biz to be involved in where efforts to build a business are rarely in your hands, but involve the fickle whims of banks and card companies who can adopt policies with each breakfast and have major implications for your business. That's not a real business :-)

Merchant account processing is little different on the bottom line.

Just looking towards a totally fresh model for payment processing which holds card companies at arms length and banks you can sue/close if they cannot produce client funds on a due date :-)