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Old 03-07-2005, 12:05 AM  
FightThisPatent
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Join Date: Aug 2003
Location: Austin, TX
Posts: 4,090
I have been reading all these ibill threads, and i can understand the frustration of EU webmasters since the info you have received could be confusing. Avnonline and xbiz ran stories on the inteca/ibill/EU thing, so let me try to summarize things:

Inteca (which has same principal owners of Toccata) has been approved by the EU bank to hold funds in escrow for dispursements to EU webmasters directly, w/o iBill being able to touch the money (i think the bank was seeing the "taking from peter to pay pay" kind of story and put a stop to that).

As far as Inteca;s credibility goes, Chris Wlliams doesn't have to answer that in any GFY thread. His integrity is obviously good enough for the EU bank to be able to release large amounts of moneys to, in order to make the payouts to webmaster.

As far as having similar physical addresses, it has been said that Chris held a position in EU iBill, so having some space at iBill makes sense. Inteca and Toccata were probably incubating in the physical space as ibill (subletted, etc), so it's not a big mystery.

The iBill situation is a mess, and many people that I know were and are affected by the situation. The Inteca deal is a good thing for EU webmasters, and Inteca had alot of hurdles to overcome to be able to step into the middle of the normal money transaction from Bank to iBill to webmasters, so its understandable that things are slowly coming online (ie. the complaints that some have posted about trying to access inteca).

I hope this helps to summarize things for EU webmasters. I would say to have patience, and wait as Inteca is able to finalize all the many moving pieces in order to help solve the problem of getting EU webmasters paid.

Fight the Confusion!
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