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Originally posted by directfiesta
They ran into huge problem with DirecTV when they were processing merchants selling illegal de-scrambler and cards. I know that they reached a settlement, but at what cost???? Maybe drained their business.
Also, notice that their bank was in Germany ( our acquirer Pago eTransaction Services GmbH/Deutsche Bank ), so in the Europe zone... I tried to open with them and they answered that they only did german corp....
Anyway, they fucked me in dec. 2001 when they decided that my adult account was immoral ... So I already lost the reserves.... long time forgotten.
Sorry for the guys that are hit.
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They also got fucked for processing for pharmaceutical sites and almost lost their processing with Mastercard about three months ago.