Quote:
Originally posted by tony404
Because they got a court order so first data has to keep processing til they go to court.
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Not sure where you saw that. Here is what I'm reading on the pdf that was linked.
"Despite its repeated assurances taht it would extend the Agreement, First Data informed iBill at noon on September 16th, 2004, that at 4:00 p.m. on the same day it would no longer process iBill's credit-card transactions.
ibill is now left without any credit-card processor, and is unable to continue servicing its customers. As a result of First Data's actions iBill is losing approximately $800,000 a day. At this rate, Ibill will have to close its business by early next week."
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