150 Ibill updates..

we should be so lucky

:1orglaugh

Smells kinda like globill... "got a nice box of godiva choclates for xmas, what a fantastic upstanding, solid company. Certainly any problems they encounter are not due to their own actions. "

iBill makes money by processing VISA cards and taking a cut. Things have gotten so bad that they have lost the ability to process VISA (ie, huge daily loses) and can't or won't cut checks.

They put themselves in this position, why would you process with them?

250 Ib(w)ill updates ..!


i m sure we will see more..!!!



J.

this just posted at ibills site:


September 30, 2004

The dispute with First Data is currently affecting our ability to pay our clients. We are working to get this issue resolved so that we can resume our regularly scheduled payouts. We will post a daily message on CMI to keep clients up to date on the status of this issue.

We know how serious this matter is to you. Please be assured that everyone here at iBill is working diligently to correct these matters so that we can all return to business as usual.

The next update will be posted tomorrow, Friday October 1, 2004 at 4:00 p.m.

How convenient. Friday at 4pm; just in time for all banking transactions to cease until Monday. Their is a general business practice, the best time to fire someone is Friday at the end of the day.

I'm an ibill EU client and I have'nt had a payout.

what about any other EU webmasters

Nope

I haven't had payout too :(

--------------------------------------------------------------------------------
Originally posted by bdphoto
Hi,

Just for your information, today I regularly received IBILL EU payout.


I think (hope) that Ibill US payouts will be relased soon.


Mark
--------------------------------------------------------------------------------




I havent had a payout TOO..!!!

its a big lie..!




:BangBang: :BangBang: :BangBang:

After following this thread for long enough you really do start wondering if people are being paid to post positive remarks or if they really are 'the glass is half full' type people.

Funny. (lil' bit) Half full of shit. They (ibill) bought themselves 20 hours by posting a next update post on their CMI, so you wont see Mark or Adam on here anytime before Monday.

Shit always happens on Friday - Globill went out in a puff of smoke on a Friday

We are here and as soon as we have more info to report, it will be done immediately.

If there are any questions I have info on, you'll get an answer.


Adam

I have a question,

I noticed you had done soem rebills to some of my members yesterday, upon calling to find out HOW you are doing this, I was informed that checks and 900# and mastercards are still being processed as normal and havnt stopped.

So why cant we get our payout of those moneies? at least it would be soemthing.

oh one more question, is there a mass cancell button on ibills cmi? i need to press it.

This precisely what IBill did. Spent the money, got a new building etc. Their business model is based on spending settlement funds otherwise belonging to their webmasters upon receipt, instead of keeping them as trust funds, while relying on future settlements to pay past debts.

First Data did not freeze all their accounts. They merely withheld 1 week worth of transaction when they found out the way IBill was operating.

If Ibill had been operating properly, all funds would be in trust accounts and they would only operate with their 15% or so fee. The payout problem would therefore only involve one week of credit card transactions, and not 2 weeks, 2 weeks of checks, two weeks of web 900 and one month of reserve.

An assessment was issued on the subject by Grant Hutchison of Militis Intelligence Corp, ([email protected]). You can ask him for a copy.

You are correct, MC, Discover, online checks, and web900 have and will continue processing.

We are working to bring everyone up to speed with payouts.

WHEN ARE WE GOING TO FUCKING GET PAID?

Bullshit. You fucked up and we are paying for it. I don't think you have a clue how pissed off your clients (make that former clients) are.

I noticed that you avoided this -
can you kindly respond to this??

This precisely what IBill did. Spent the money, got a new building etc. Their business model is based on spending settlement funds otherwise belonging to their webmasters upon receipt, instead of keeping them as trust funds, while relying on future settlements to pay past debts.

First Data did not freeze all their accounts. They merely withheld 1 week worth of transaction when they found out the way IBill was operating.

If Ibill had been operating properly, all funds would be in trust accounts and they would only operate with their 15% or so fee. The payout problem would therefore only involve one week of credit card transactions, and not 2 weeks, 2 weeks of checks, two weeks of web 900 and one month of reserve.

An assessment was issued on the subject by Grant Hutchison of Militis Intelligence Corp, ([email protected]). You can ask him for a copy.

:thumbsup

OK you didnt asnwer the question, so i will repeat it:

So why cant we get our payout of those moneies? at least it would be soemthing.


Or are you hopeing to get more money out of site members ?


"Now where is that mass cancel button"

You just wasted two minutes writing these questions. Ibill is not going to give you an answer. They are going to fucking LIE like they have been doing all along. I am done listening to their BS. CCBill, here I come.

Problem is I think Boobmaster is that their answers are not from the heart, instead from lawyers who dont want any real information leaked out the could hurt them in the future since the risk is there that many webmasters will eventually form a coalition of the willing to sue IBill and anyone associated with it.

They are going into "protect our ass" mode so that nothing can be used against them in court

Like duh. of course those payment methods are processing. How else would they make payroll and keep their people from leaving?

Tell me how many iBill employees would stay if they missed 2 weeks of salary or fat commissions?

knowing psw, they lasted a few weeks with internal promises that, we will use what money is left in our account to pay only our employees (war chest).

after that ran out, employees jumped ship. we arent going to know what deals were made with certain employees - but the ones that are newer, wont be missed - and they will start cutting them off slowly one by one moving up the food chain until there is a few of the best and longest surviving employees who stay with promises of future glory... even though they may go a few weeks without pay.

Did PSWbilling have another bank lined up to do processing? Weren't they an offshore billing company?

Yep, correct, PSW was fucked by VISA, so iBill have now better chances to survive... if they want.

Lets have soem fun: its 3:45 Ibill is meant to post at 4:00pm lets start taking bets on what you think the post will say.

My bet is: "So long suckers"

My bet is the post will update us on the progress of getting First Data to release funds. And hopefully an update on Visa capabilities.

It's 4:06pm and there is no post :feels-hot

Oh, there is a post... about hurricane. Nothing about payouts :BangBang: :ak47:

Where's my money? :winkwink:

The post about hurricane was a mistake :1orglaugh
Latest news:
As we?ve previously stated, we are continuing to work through negotiations with First Data.

Early next week, we plan to pay our EU clients first followed by our RevShare affiliates. More information regarding this and the other missed payouts will be posted once it becomes available.

Please be assured we are working diligently to resolve this issue in a timely manner and we appreciate your continued support.

Another update message will be posted on Monday, October 4, 2004 at 1:00 p.m. EST

Is they fo real yo?

----------
HURRICANE SUMMARY

iBill?s Florida offices are now closed due to a hurricane warning advisory for our area.

Status
All automated systems are UP AND RUNNING ? this includes TRANSACTION PROCESSING, www.iBillCS.com, CMI, www.iBill.com, Merchant Info website, Direct Integration and B2B.

Hurricane Warning
Our Call Center and Sales Offices are now closed due to the hurricane warning advisory for our area.

iBill is preparing for Hurricane Jeanne , which is expected to make landfall in our area this weekend. We Floridians are accustomed to tropical weather and our facilities are equipped to handle storms such as Jeanne.

In the event of a power failure, transaction processing will continue as our entire data center is backed up with an onsite high capacity diesel generator. It is important to note that we may experience network outages if Internet Service Providers and Telephone facilities are affected.

In the event that we experience a network outage or lose local continuity, we utilize an out of state data center as a secondary hot site for transaction processing and data backup.

We are taking all the necessary precautions to ensure business continuity and we will be operating with minimal staff at our Florida facility beginning today, 09.24.04, so that our staff may address their personal concerns.

As time progresses, we will make every effort to keep you advised and to resume any delayed activities as soon as possible.

We appreciate your patience and your business!

------------
This was just posted at CMI, hope it's just a funny mistake, otherwise, if they are really running away from a hurricane that went by more than a week ago, I think it's time to kiss my hard earned money goodbye...

Give me back my money, bitch!

Maybe the hurricance blew away all our money, thats why jeb bush could give all the hurricane releif dollars

I am not sure whay you are seeing in the cmi but for
me it displays this.

iBill News
Last Updated: Friday 1 October 2004 at 4:14 PM U.S. Eastern Time

--------------------------------------------------------------------------------
Payout Summary October 1, 2004

As we?ve previously stated, we are continuing to work through negotiations with First Data.

Early next week, we plan to pay our EU clients first followed by our RevShare affiliates. More information regarding this and the other missed payouts will be posted once it becomes available.

Please be assured we are working diligently to resolve this issue in a timely manner and we appreciate your continued support.

Another update message will be posted on Monday, October 4, 2004 at 1:00 p.m. EST.

ive been asking this for 3 days and they have ignored me every time.

So they decided to keep the money, because they didn't like how Ibill was running their company? Does that make sense?

Dawgy,

iBill has been in the same building for over 2 years. I'm not sure what you mean by got a new building.

The legal issue with first data cannot be discussed in this forum but I can assure the issue was not because they didn't like the way we operated our company. That is completely false. They processed for iBill for over 6 years. In addition, they did not simply hold 1 week of transactions. I cannot go into more detail than that.

Please understand that our absolute priority is payouts and although they are delayed, they will come.

Adam

This information has been posted to CMI:

iBill US Direct Update

§ Planned implementation is still scheduled for as early as Friday October 8, 2004

§ Your iBill account manager will have agreements available Monday October 4, 2004

i dont give a damn about the building. that was someone elses remark.

i was just trying to figure out why you couldnt pay holdback that you have for 6 months... as well as the 1-15 of september, which you guys at first said wasnt affected by FD... u originally said FD was holding 1 week of processing... now you say thats not all theyre holding...

well - Update. I just received my IBill Direct US Agreement.doc in the mail, so they are starting to send them out as promised.

--

Dear iBill Client


Please find attached the application to join the new iBill Direct US program. This program provides many new features and benefits never offered to our client base. Some of these features and benefits include:

? Daily settlement of funds paid directly from the merchant bank
? Elimination of the MasterCard portal
? Elimination of Visa registration and renewal fees
? Immediate Visa activation for new and existing clients on all URLs
? Instant approval on your adult merchant account because you are sponsored by iBill.
? Initial six month reserve hold, reviewed quarterly for potential adjustment upward or downward (no more rolling reserve)
? Your account is backed by an iBill cross corporate guaranty
? Continued use of iBill?s consumer protection services and technology.

This application will enable Visa and MasterCard processing under our new domestic bank. All other card types and iBill payment options will be processed through your existing iBill Complete account.

When completing the agreement, please be sure to do the following:
? Fill out all sections of the agreement other than those shaded in yellow
? Attach a copy of a voided check from a US bank as funds will be deposited directly to your account
? Please sign and efax back to 954-697-0211

If you have any additional questions, Please contact your iBill Account Manager. We appreciate your continued patience and support.

The iBill Team

As I am filling this out, I am getting the impression that this is an Idividual Merchant Account application, as per what information is being asked on this form. ( much more personal information then before! )


If this is the case, then I forsee alot of people in the Adult world getting rejected!

As an existing client with iBill, you will be approved.

iBill has signed a cross corporate guarantee, on our client?s behalf, with Standard Payments. The cross corporate guarantee means iBill assumes the risk should the client cease processing. (Ex. Risks associated with trailing chargebacks). iBill also is required to continue to provide consumer protection services and technology such as fraud scrubbing, receipt management, customer service, risk management, etc.

Will Ibill continue to write the checks to Affiliates as part of complete service?

Adam (Test 44) can you please have Lender call me?

Grant Hutchison of Militis Intelligence Corp, Who is this and why are people accepting this as gospel??????
Everyone needs to relax , ibill is not globill and I really think they will be fine but if you dont have money set aside to ride the the bump in the road it could be tough. The things they are doing with us having our own merchant accounts is great.

I still have not received my application, but just out of curiousity what sort of personal information are they requesting?

All the information that would be on a normal Merchant App.

SS #
Biz reference
Type of company, company partners and % ownership,
have you had a bankruptcy, have you had any personal or biz been terminated from accepting bank cards..

etc..