Quote:
Originally Posted by Xplicit
But, to be realistic IBill would have been on your list of legit processors a couple years ago, so really, it could happen to anyone - including you.
|
Bingo. The whole industry is hanging by a thread each and every day. It all operates at the fancy of the powers that be, and it could all end at any time.
Paymonde got the letter from the bank just like many others before them. They probably tried desperately to secure other processing capabilities but there is just nowhere else to go. So that's that. This is the sort of biz where you live it day to day and try to rake it in like there is no tomorrow.
But is anyone incompetent for choosing Paymonde? Hmmm...It's truly hard to argue that any processor is in a solid position these days.