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Centurion · 09-07-2003, 12:49 PM

On 08/06/03, PSWBilling wrote:

Client Notice: PSW is alive and well

"Dear PSW Clients,

Due to one of our banks' paranoia of Visa and their heavy handed approach toward the so called "high risk industry", they ceased releasing funds for a brief time period. Although PSW was never even close to Visa's chargeback threshold, our client's funds were also temporarily withheld.

These funds are now starting to be release and within the next two weeks the cash flow crunch that was unjustly put upon PSW will be over. Once again, PSW is not going anywhere. Accounts will continue to remain open and the money will start to flow again next week.

We apologize for the inconvenience and stress this has caused some of our clients and regular status updates will be provided as we progress. Again, we encourage all of our clients to contact us directly with any questions, concerns or problems they might have.

With all due repect,
PSW Billing Solutions"

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The operative sentence in this post I think is this one:
"These funds are now starting to be release and within the next two weeks the cash flow crunch that was unjustly put upon PSW will be over."

It's now been over a month, and what was promised THEN did not come through. Just a sad reminder that if you are still using this company, you best move elsewhere ASAP!

09-07-2003, 12:49 PM
Centurion Confirmed User Industry Role: Join Date: Dec 2002 Location: SeATtle Posts: 6,033	What PSW Billing said! On 08/06/03, PSWBilling wrote: Client Notice: PSW is alive and well "Dear PSW Clients, Due to one of our banks' paranoia of Visa and their heavy handed approach toward the so called "high risk industry", they ceased releasing funds for a brief time period. Although PSW was never even close to Visa's chargeback threshold, our client's funds were also temporarily withheld. These funds are now starting to be release and within the next two weeks the cash flow crunch that was unjustly put upon PSW will be over. Once again, PSW is not going anywhere. Accounts will continue to remain open and the money will start to flow again next week. We apologize for the inconvenience and stress this has caused some of our clients and regular status updates will be provided as we progress. Again, we encourage all of our clients to contact us directly with any questions, concerns or problems they might have. With all due repect, PSW Billing Solutions" ------------------------------ The operative sentence in this post I think is this one: "These funds are now starting to be release and within the next two weeks the cash flow crunch that was unjustly put upon PSW will be over." It's now been over a month, and what was promised THEN did not come through. Just a sad reminder that if you are still using this company, you best move elsewhere ASAP!