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Old 04-01-2003, 01:15 PM  
FATPad
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Join Date: Oct 2001
Posts: 6,693
Ibill fined $5.85 million dollars by Mastercard

http://biz.yahoo.com/e/030331/icpt10-k.html

Look for the paragraph that starts with "We process MasterCard and Visa transactions through First Data. On March 14, 2003, First Data was notified by MasterCard of an estimated assessment with respect to iBill?s noncompliance with MasterCard?s charge-back rules."

Interesting.
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