Quote:
Originally Posted by pentae
I thought iBill's parent company, that they where a subsidiary of, is what took them down. Not charging 10% on processing that realistically costs them 3%.
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being bought and sold a couple times over, once to a company who later realized that 90% of the transactions were adult and they didnt want to have anything to do with adult, who sold it to another company who was just looking to loot it, etc etc etc etc etc.... you cant count the number of fuckups that ibill did over the last 3-4 years they were in business. And the nail in the coffin was losing the ability to process visa.
it had absolutely nothing to do with the rate they charged, which was almost exactly the same as what ccbill was charging anyway.