Quote:
|
Originally Posted by SilentKnight
Another question for Andrew:
Its been widely reported on various media sources that the bulk of the $30 million in webmaster revenues that had been withheld by First Data Corp. after the partnership dissolved back in Sept/'04 - has now been released to iBill.
Yet...it appears as though the bulk of webmasters who were owed money - have not yet been paid.
What is the unknown variable in this equation?
If the funds were supposedly released from First Data - where have they gone?
|
Some (not all) of the First Data held funds were released DIRECTLY TO THE CLIENTS THEMSELVES. None of that money was released to iBill. Clients who agreed to the terms for the First Data release money were paid several months ago. Some who were not paid are still waiting for that money (from First Data), and those who did not agree have not been paid. iBill did NOT receive any of that money.