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I'm not sure about InterBill, but there are some sketchy processors out there operating at the fringes of or just outside the law. It's hard to be a legit, compliant, IPSP (with full approval of the card associations) these days. CCBill, Epoch, etc. have lasted so long because they've played by the rules, and they show that it can be done. But it's easy to get a merchant account from some dodgy bank in Estonia and start factoring other people's transactions through--until Visa, a governmental authority, or some really pissed-off consumers drop the hammer and the place goes up in smoke. Again--I have no idea what the deal was with InterBill, but anyone who finds a deal that sounds too good to be true should really look into it before handing over any business.
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