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Old 01-17-2004, 03:27 PM  
SENSEX
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I was never a fan of Probilling, or the way they would dance around or just ignore legit questions webmasters had for them. That said, I never want to see a company forced out of business. Maybe its true that they will stay open for ACH and telephone. This is yet to be seen.... Hopefully webmasters will get their money owed. If Probilling comes through then they deserve some credit. They could very easily shut down completely and run away with your money. BUT-them paying out is still to be seen. Ifthey really are planning on staying in biz then it would be in their best interests to pay what people are owed.
One other difference is they are giving webmasters time and notice to find another proccessor. Visa transactions wont stop till the 25th I think, although MC is immediate. That is more then Globill ever did.
The bigger picture and what people should be concerned with is the fact that these 3rd party billers are all but being forced to close up shop. IMO this is just not right. What this also does is weakens the competition out there. So were down to 3 or 4 if you count Verotel. These three companies could very well say starting tommorow transaction fees are going to be 25-30%. And they will be able to get away with it because where else are you going to go? Less competition is usually not a good thing.
I doubt Visa or MC will ever get out of Adult, but I can very well see them increasing fees, and making it even tougher. But hey, Amex got out of adult alltogether so does anyone ever really know? And whats to stop Visa or MC causing trouble or abusing their power with CCbill or Epoch in the future? You can speculate and dream up theories all you want, but the fact remains, nobody really knows or can predict what is around the corner.
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