Paymonde Update: Howie Speaks

Howie

Oh for Christ's sake...



Howard, the word is "patience", not patients... * P A T I E N C E *

Damn, Haven't been around in a while and now paymonde seem to have gone down

what happened?

hope you get your money barefootsies bro

This GFY and everyone is quick to call Howard a crook. He's been paying out regardless of the fact he isn't being paid from his bank. He is trying to do the honorable thing and covering the debts, people need to give the guy a chance.

As for being locked out of the admin, many people on here were saying how they planned to refund everyone and cause hundreds if not thousands of chargebacks, he's protecting all his clients by locking the admin down after comments like that.

Someone please tell him it's "patience". Thank you. That is all.

An interesting perspective.

Has anyone came forward with "I've been Paid" yet as he is claiming?

In some of the NO-PAYmonde threads there have been people who have said they were paid 1/3rd of what they were owed, or claim to be paid up to date, and have never missed a single payment.

There there are those who used to be fairly vocal, and disappeared. So maybe they were paid as well.

Yes. They are out of business.

Howard bought a Nixon mask, and is not a crook.


Thanks brotha. It's pretty much a write off for us small fries. But the support's appreciated.

i did

of course i'm not happy with the situation, especially cause my whole shop is based on their database and shopping cart - so it's not much more than a bunch of galleries atm and pretty much useless otherwise.

but: i received all payments that were due

Everyone is quick to call him a crook because he doesn't respond to anyone - emails, icqs, calls. How honorable is it when he will send people their money on a case by case basis - They have to contact him to get their money? How honorable is it when someone like Barefootsies contacts him and all he cares about is his screename on GFY? Personal attacks are unprofessional. This is why he is where he's at on GFY. Business is still business and he needs to start owning up to it.

What he needs to do is NOT have xbiz interviews to get the word out. He needs to start emailing his affiliates, merchants, etc and let them know what's going on. Start being honest with people on when the payments will be made and STOP with the personal vendettas over their posts (i.e. holding a payment because of a post).

Print that out. It will look very good in court.

When they locked you out of your account they terminated their contract with you so they cannot seek refuge in their TOS.

You would be best served by simply filing suit at this point. Sue them for breech of contract and ask for your money and damages. you will likely not get much but I would sue the company, Howie and "motherfucker".

Well I have not said any thing negative about paymond any where, and have not been bugging them, but to day I discover I can no longer login my account, and many of their pages can not be found, no longer on line. I would think they should have a explaination on their main page but nothing, just a forbidden message. I'm wondering if they simply blocked my IP or if their pages are really forbidden for all.

Can any one access their main pages or login their account?

Just a quick update. I thought I would try to see what happens if I click on the lost password link. Wekk they have my email in their system but they say my account is not active yet, even though it's been active for a few years when they were still called myvirtualcard.

Here is the exact message,

The email you entered is indeed in our system, and attached to an account. However, this account has not yet been verified by either phone authentication or manual verification. If you are interested in activating your account, please send an email to [email protected] from the [email protected] email account.

This is very weird!

I emailed them about this, wonder if they will reply.

Every company runs into problems from time to time and find themselves with customers practically driving them insane, and rightly so from the customers perspective. Lashing out and punishing those customers is not a proper response nor is it acceptable.

I go away for a few days and all hell breaks loose -- LOL!

Our esteemed friend Barefoot has done our little world a huge favour by helping to reveal the REAL Howie behind Paymonde's dead air and Xbiz's unconscionable flacking and, pals, I think we owe this excellent gentleman a large debt of gratitude.

And now once again into the lurch...

Howie has shown himself to be not merely an illiterate thug and boorish bully, but more to the point, a sanctimonious hypocrite who even now -- after weeks of outrageous business practice and out-and-out deception -- is perfectly capable and willing to continue his fraudulent and illegitimate behaviour no matter what the cost to his reputation or to the poor souls who trusted him and his unsavoury confreres.

In another setting, this would pass as farce or black comedy, but with (as he admits) the lives and livelihood of thousands of webmasters and site owners in the balance, Howie's macabre bravado and insolence is nothing less than a devastating indictment of his moral (as well as literal) bankruptcy.

My friend Barefoot (as well as many others) has already made the point that this entire situation was created by, for and because of Howie. It was HIS refusal to tell the truth to his clients, HIS reluctance to answer the charges levelled against him here and elsewhere, HIS decision to deny his clients access to their accounts and records, HIS unwillingness to disburse the funds he had accepted in trust that created this situation.

Sorry Howie boy, but it was not Barefootsies nor the estimable Webby nor me nor anyone else who created this disgusting mess. It was you and your loathesome pals who chose of your free will (and with malice aforethought) to, first, lie to your clients (the now infamous "technical problems" with Mastercard), then -- when challenged here -- to issue ONE and ONE only notice that your bank could not/would not accept MC and that pay-outs would be "temporarily" delayed and, finally, to stand dead mute for week-in and week-out whilst paying no one (or only a "chosen few"). This is your nightmare, buddyboy, you made, you own it.

But oh what arrogance to dare to shift the blame to those of us who trusted in you and believed in your good faith! Shame shame shame Howie, shame on you for daring to suggest that we -- to whom you presented yourself as a person worthy of respect and trust -- ought to have kept our mouths shut when you yourself were silent and when you were lining your own pockets with our hard-earned funds.

On one account you are right. You are NOT "Howie", you are now and forever more SCUMBAG, LOSER, THIEF. You have been convicted out of your own illiterate mouth, hoist on your own vulgar and grotesque petard. You have no power over me nor can you extort silence with promises of paying me my own money.

You need help, friend, and I pray earnestly you find it.


I cannot help but agree with others that it seems highly likely that this fraud was calculated long in advance and still believe that most (if not all) of those effected will

IBill... errr oups I mean Hi Howard.

Man I feel sorry for you guys and I am sooo glad i followed my instincs first time I met Howard in Montreal.

As they say in my Province

"C'est la vie tabarnak"

You are correct sire.

That is exactly what they did. Which made their T.O.S. null and void. However Howard is trying to enforce it.

Again, I can only sum it up as, "Laughable".

Nor is it legal. when you terminate a contract with someone you are required to settle any outstanding balances or be open to punitive damages.

I would like to see a couple of things:

I believe Miura and crew is on this one...

and some else made mention of them being to work on this one..

So I guess we are waiting on

3. Mission Accomplished.

you TOO Can Be a Howie

fuck paymonde

Ironically.. CASH says it best..

Initially I wanted to start this reply out with YOU ARE AN IDIOT, but I though better of it and decided to start the reply like this:

YOU ARE A RETARD!

If I sell a product or service the revenue from that sale is MY money. If I later decide to refund MY customer with money that belongs to me and give them access to the service for free that is MY business. If I decide to stick MY money up a wild hog's ass and yell BOO! that is MY business because it is MY money.

Paymonde locked accounts so that webmasters could not have access to rebill info. This was/is a blatant act of fraud. They can't pay people because they DO NOT WANT to pay people.

What webmasters do with their own money is not business of mine, yours and most of all Paymonde.

Exactly.

Besides the fact I was not refunding customers, nor having them do massive charge backs. I also made that more than clear in my postings.

I simply canceled re bills.

I then e-mailed my customers, and told them I was doing so. The reasons behind it. I then explained they needed to change processors in December, and that Paymonde access, and their script would be removed in December.

I did it this way so it was least impacting to my customers.

The benefit I suppose was that there was not massive charge backs to Howie, and the motherfuckers. But my customers, and business come before the rest.

While fucking over the iMonde crew would probably give me some delight. I instead opted to transition my customers off the monde since they were not paying me. Since I need money to keep operating, I was going to make sure no more of my hard earned cash went into the iMonde coffers.

For those who were bigger fish, lived close to Howie, or know him on a personal basis and received payments, or never missed one. Bravo.

However, for use smaller to mid sized companies. We need our money coming in to cover models, and expenses. We are not just going to "be patient" when there is no communication for weeks. Either in general, or to any of our phone calls, e-mails, or trouble tickets.

We have a business to run. People need to be paid, and "being patient" is not going to get them working.

We simply cannot afford such an asinine logic. Once the payments stopped, and received no correspondence for days. We removed the join page, canceled re bills, and advised our customers.

We then asked for payment of all funds.

Until yesterday, and today, I have received little to NO communication from iMonde in regards to missing payments, much less payment in full.

As for Howard. He's content being proud, and "sticking it to those handful of GFY posters" who have done him wrong. Whatever.

We make our decisions based on business. Not personal bullshit. We need our money coming in per contract with Paymonde. When they did not fulfill their end, nor even bother to let me know so I could make some moves. Then locked me out of my account, they voided that agreement.

Since doing so more than two weeks ago. I have yet to see a penny. But as Howie had said. He doesn't think any of this will effect his reputation.

Time will tell.

nope its a 'microniche' ... french canadian jew.

For those trying to track them down.

As you were lucky enough to get an email from him, look in the header of the email and see where it was sent from. That would give you an idea of which country he is in, or at least where someone is that contacted you.

Just a thought.

stop posting in fucking colors, please

iMonde Reports

I have been paid out to date and I can access all my stats. unlike IBILL, this Howard has kept his word. Give him a chance and everyone will paid out too.
just my 2 cent worth.

Thankyou.

I have still not gotten an email or anything telling me what is going on, I refunded 6 transactions and paymonde sent the emails confirming the refund and none of them were really refunded, I have said from the start I wish I would have some contact to let me know what is up. i am also locked out of my account.

I have still not gotten an email or anything telling me what is going on, I refunded 6 transactions and paymonde sent the emails confirming the refund and none of them were really refunded, I have said from the start I wish I would have some contact to let me know what is up. i am also locked out of my account.

I hate to be the voice of reason here, but companies don't generally just wake up one day and find out they have no ability to process. The situation in the Phillipines was not a surprise, no one was kept in the dark, and the emails from CNP clearly stated that they would no longer have processing after the 10th, unless some sort of drastic and unexpected miracle occurred, which it did not.

Processors also cannot run by moving to other countries and changing their names. Any time a company changes its name in the processing business -- unless it's something very simple like a change of corporate structure or a true sale to a new party, you can almost always bet there will be issues that follow which impact payouts.

I'll use IBill as an example -- when they started processing as gkard, and then etelegate, or whatever the heck else they used, it was very clear that they were unable to clear transactions under their old corporate structure and that the ship was taking on water.

Frankly, not keeping their client base in the loop and letting them know it might be time to look for other alternatives -- especially alternatives that are compliant -- is what I would term gross misrepresentation on the part of Paymonde/MVC/whatever else they call themselves. Our clients that were using Bankard for processing moved their business elsewhere months ago, since we knew -- by the same email updates that Paymonde had to have received -- that the banks days were numbered.

KimmyKim...you've just given us all more information on the likelyhood of what happened in a a few short sentances than Paymonde have given us in the past month. Thank you...it makes some of the 'behind the scenes' goings on a little more clearer as to what's happened and why many of us are out of pocket.

I have to concur on this summation.

You've provided us more information in a single post than we've received combined otherwise.

Bravo.

bump bump

http://www.gfy.com/showthread.php?t=...=myvirtualcard

I hate to say "I told you so", but I TOLD YOU SO.... waaaay back in April.

Why did you not listen???

Mental note to self...

Listen to da Frog.

Where's JollyJoe??

Don't forget about funds2go and Howie's puppet Jollyjoe

Well I have a juicy update on paymonde from a couple of sources that were said to be close to the actualy happenings that resulted in paymonde's demise.

First of all I am not claiming this report is true, but it does come from 2 different sources, and given mvc/paymonde history, is very believable.

As some of you older webmasters know Paymonde use to be called My Virtual Card, and at that time there was a bit of a stirr cause on this forum because they were processing for Underage Model sites. You remember? First MVC tried to down play all this by defining the legalities of the under sites they processed for by saying they contained to porn so there for they were perfectly legal. But after continued pressure from GFY members, they did eventually stop processing for under sites. No doubt also had something to do with the problems they were having even then with banks! Then they changed their name to paymode.

Well I heard they got caught processing for under sites again! My, my, no surprise as it is a fact that those dirty little under sites were big revenue makers for them! WHat with $30 to $50 a month signups and over 40 signups a day from each of their hundred under sites, it added up!

It seems recently they gave in to temptation again and started that crap all over again. Now banks don't care as long as it is indeed legal, but visa and mastercard does care, and they pull all the strings. They do not want any thing to do with underage sites even if they are legal! Paymonde knows that perfectly well too!!!

So why do it again? Rumor has it they were having financial problems and knew they were near the end of their road, so why not make some big bucks before they get shut down?

I truly hope this was not the case, but given their history, and their lies, and the huge profits with those under sites, their finacial problems, their bank problems and also independent sources saying this, I tend to believe it!

If paymonde is reading this, and this report is not true, then come forth and say so! Because if it is true, you went against your word saying you would not process for under sites. Now we all have to pay for your mistake and greed!

according to a thread on ynot, paymonde are paying out

http://www.ynot.com/index.php?name=P...=573202#573202

they havnt paid us yet though

Shit. They do not care. You read the Howie correspondance. Does that sound like an intelligent man who cares about such things??

Plus Pete-KT (paid up, all good) had said that they've left already. Moving all operations to the Phillipines. So they are either in the process of another company name, or I am sure looking to pay off the big boys, program owners, and such before going out of business, and popping up somewhere else as Funds2Go or something else.

Funny how Howie is CEO of the monde now, but Norton was listed as that until this most recent turn of events. Now Howie's promoted. So where did Nort go?

Indeed....

2006-11-15

Paymonde Shuts Down
By: Ken Knox
Posted: 5:50 pm PST 11-15-2006


MONTREAL - It?s official. Following weeks of rumors and speculative posts on webmaster forums, third-party payment processing company Paymonde has gone out of business.

-advertisement-
According to the company?s chief executive office, Howard Cohen, the decision to shut the company down came after its bank in the Philippines lost acquiring rights to process MasterCard transactions. ?We didn?t want to shop around and just place merchants anywhere,? Cohen told AVNOnline.com. ?We wanted to have something stable, so we just decided to shut down.?

Cohen said that the bank owes Paymonde three weeks of payments. Although a settlement was promised for last Friday, the bank did not follow through.

?It kills us to [close down],? said the audibly shaken Cohen. ?We had so many big plans and such positive momentum.?

Cohen stressed that the choice to shut the company down was made to spare webmasters any further detriment. ?I didn?t have to pull the plug. We still had Visa; we could have continued processing, but I didn?t see the payments coming in [from the bank], and I didn?t want to owe the webmasters more money. We weren?t going to keep processing them not knowing if we were going to get the money, so I just said, ?That?s it, guys. We?re done.??

Although an official statement by the company had yet to be made, Cohen said he had placed an announcement on the site?s back-end and personally contacted several clients to let them know the news. At press time, the site was inactive. ?I feel [terrible] about it,? he bemoaned. ?We worked hard. We were always out there on the forefront, and we really cared about our webmasters. It?s unfortunate what happened. That?s it. Five years in the business, and that?s it.?

Cohen said he was particularly disheartened by recent posts made on webmaster boards. ?Everybody went ballistic, saying we stole their money. They were saying it before their payouts were even late. To see what?s going on on the boards?seeing people threaten us and say that we ran away with their money?it hurts me. It?s not the case.?

Cohen told AVNOnline.com that he sees Paymonde?s implosion as a cautionary tale. ?We got into a bad predicament. It could happen to CCBill; it could happen to Epoch. Those guys are not protected. Their banks could say, ?That?s it.? No one is safe.?

Although Cohen could not offer a timetable for webmasters to receive money owed, he promised he would do his best to reimburse them on a case-by-case basis. ?We?re good businessmen,? he said. ?We?ll take care of everybody as we can.?

They are not business people Barefootsies and can't see *any* evidence of good judgement based on experience. The history of MVC onwards has been "turbulent" and the current crash was inevitable at some time or other.

A good team in that scenario are people with a financial/banking/processing background and where the senior management have some cred and a spread of banking and other contacts where they can develop a mutually benefically and stable trading relationship. Cohen, Burah et al don't have that background.


PS Professional biz people also give out statements under these circumstances and keep clients informed. If it is ultimately bad news - this needs said and with some detail as to how it affects clients and the appointment of an administrator to wind up the company and deal with funds distribution with creditors. (Not have existing officers pay folks out at their discretion to the detriment of other creditors).