Quote:
Originally posted by PornGeneral
I figured the judge would do that. Written agreements always get taken over verbal. iBill should have got the extension in writting when dealing with millions of $$. Plus waiting till August 2004 to find another processor to replace one that is expiring in Sept 2004 just doesn't seem like a smart business move when dealing with millions.
IMHO!!!!
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That's assuming First Data gave them any indication they would back out. I'm surprised they didn't try to have a new contract with them in place much sooner though. I would think you'd set a date you have to have a new contract by and if it's not in place you go find a new processor, assuming the old one is hedging for a reason.