Quote:
Originally Posted by jcsike
yes they were and yes it did
they were giving people grumbling about leaving them 10% or less as their rates, and even charging below their own costs in order to prevent volume from leaving them
and the reason they crumbled is because they ultimately ran out of $, so it did contribute
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your arguments are way off. The vast majority of people with ibill were getting charged 15% just like with ccbill. And just like with ccbill if you are a really big client they will reduce your rate down to around 10%. No major difference in rates what so ever between ibill and ccbill. The biggest difference between the two companies and why one is still around and one is not was because of how they were run.
they didn't crumble because they ran out of money because they were charging too low of a rate
they went out of business mainly because they lost their ability to process visa... among several other things which isn't worth spending 20 mins reposting them all here.
If zombiao is run right they can most definetly stay in business at those rates, they just wont be able to afford their own jet and shit.