Verotel and CCBill. If you need tangibles, BHE Bill.

:thumbsup :thumbsup :thumbsup

Did you say CROOK?!??
 

They learned from Howard Cohen of iMonde

:thumbsup :thumbsup

Interesting news. I'd wait for an announcement before jumping to conclusions though. It may very well be true, but I've learned to be careful what you read on the boards.

I'm not suggesting that 365 is headed down the tubes, but I can say that I have not processed a new sale or rebill in more than 3 days now. The one good thing I can say is that they are working hard to find me an alternative with their partner/parent Jettis. I'm just concerned because as a 365 client, I'm sure I'm not getting the full story and we don't truly know the financial health of the company long-term. I'm just crossing my fingers that this will works its way out in a positive way. :helpme

Whatever the case may be with 365, i may be thinking it's a good thing no one from their office responded to any of my inquiries about using them to process payments for my paysites.

sharky, this is now a verified fact. the 365 guys will not deny it, their announcement will come soon, they are probably preparing it now

the best business advice you'll ever hear is ... DIVERSIFY

ccbill and back it with your OWN merchant account (or two if your volumes justify)!

I just spoke with Jeff the "former" CEO of 365 Billing and he comfirmed it as well. He said that they are working with Inteca to get all monies returned to webmasters over the next few weeks.

Ok. I've also verified they closed their account. I'm told it's US only accounts and does not effect the EU based accounts.

I heard from their CEO (who by the way is no longer their CEO as of yesterday) that they are closing the company. He's moving on back to mainstream. But he assured me that all payouts and holdbacks would be returned via Inteca.

We are not closing 365Billing.com

Our statement. http://www.gofuckyourself.com/showthread.php?t=721399

Who is BHEbill?

Mitch

inteca is an ibill-based company

haha, the 365 guys have "nothing" to do with ibill, huh?

http://www.gofuckyourself.com/showth...ghlight=Inteca

That's what I got.. :thumbsup

http://static.flickr.com/62/196696371_5bb3550412.jpg

ADG Webmaster

oh shit....

Bad news for their clients, thousands of affiliate and the industry as a whole. I wish the best of luck to all of the sites relying on them for their processing in finding their solution with either CCBill or Epoch.

Brad

whats odd to me is that nobody has asked WHY their account was closed.
Banks do not close accounts willy-nilly, they have a REASON for it.
(remember back to the CE days?)

even though its 'only' the US thats affected, if the account was closed on them it makes one wonder about the business practices that caused the closure ... and how long before it affects the EU banking relationships

---------
on another note .. bhe??? ROFL - M.L. is that you??

Who the hell is M.L.?

or Verotel

:winkwink:

barefootsies .... he'll know who I mean if its him (as I suspect it is)

Vicki - as per our statement on this matter the account was NOT closed by the bank. The account was in excellent standing, and as such monies will continue to be released. Our organization has simply parted ways with the CEO of 365BillingUS, Jeff Foster.

365Billing EU and the Parent Company are strong, stable and continue to grow... if anyone has any questions, do not hesitate to contact your representative or myself directly.

Read our official statement here:

http://www.gofuckyourself.com/showthread.php?t=721399

Ah ok. Must be some code talk. No clue who that, or those initials, stand for.

Maybe I need to get out more.

:Oh crap

Aww <3 Was good getting to hang with you in phx!

good bloody lord
I have been trying to get payment for past several days from these guys
not a damn dime
has anyone been paid recently ?

:Oh crap :Oh crap

comeon barefoot bro
not both of us again....we are still licking wounds inflicted by mister cohen

Well in this case, I am sorry to see you are burned again. I recognized the name. Luckily I have been happy with adding in CCBill as a secondary on my cascade, and Verotel as main on everything except tangibles, and custom orders (over $100).

I did not get burned this time, but I see you, and some of the others I recognize from Howie Nixon era. My sincerest condolences on this my friend.

:(

Ah.. the Howie era :winkwink:

Whatever the reasons and excuses this time, and irrespective of what future 365billing may have or not, and how accurate or otherwise their "press releases" are - the fundamental issue remains that most TPP's do not or will not provide *any* form of security for the funds they hold on behalf of webmasters.

The only two processors I know of who do provide an element of security as part of their biz model are SegPay and Verotel (you chose well!).

It's amazing that *any* processor even exists today where they cannot provide a biz model to secure client funds in the event of their demise - even more surprising are the so-called "big names" who still do not provide this. But again... iBill was a big name at one time, and time seems to be a leveller :)

:winkwink: :winkwink:


:thumbsup :thumbsup :thumbsup

you fuckin rat

i believe the word you are looking for friend is 'vulture', not rat..

good point, and i admit this was an afterthought, but 365 are still processing in the eu, so they are not carrion at this point. rats will nibble at you when you are alive.

didnt two big sponsors make obvious set up plugs for 365 like 4 months ago?
i knew it would go tits shining.
Duke

:Oh crap

has anyone been paid by 365 lately?

wow hope anyone with them has stopped using them already