Quote:
Originally Posted by Christina Muller
I know its easy to say it after its happened....but dont some people learn ?.
Go with a trusted billing corp its your money but dont always put greed first,just because it sounds more flexible and a little cheaper does that mean its good?
CCbill and many other billing methods exsist and or go with a merchant account if you can ,but please stop crying when you go with a unknown outfit and it doesnt work out 
Im not the sharpest tool in the box but I have never lost 1 cent to a billing corp. |
Christina - going with a trusted company doesn't necessarily mean you're protected. In the case of Ibill, for example, they were one of the largest and they fell and a lot of people will agree that they were all far from protected. With that example, those that didn't have any other processor to switch to, not only lost what they were owed, but some 'stuck' around because they had no other option and got burnt further.
The thing with trying other processors/methods is to:
1) keep your eggs spread out
2) diminishes your vulnerability to downtime/scrubbing
3) billing options that aren't offered by the 'well known' guys
4) help maintain your chargebacks/returns
5) the chance that more transactions get through/more countries allowed
6) lower costs
Not everyone looking to lose money - they take the risk, in the hopes of making 'new found' money - if a few years down the line something should happen, hopefully the gain is/was much better than the potential loss (which unfortunately, isn't always the case).