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Old 09-22-2004, 10:59 PM  
TheLight
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Join Date: Aug 2004
Posts: 5

On behalf of RED & Partners I'd like to say that we are all very sorry here to hear this crap which happened to Ibill.

We used to work with them since 1999 , were included in their top ten non USA merchant list and went away in 2002 because of IPSP regulations and cross border issues.

And I can say only one thing, out of big three or four Ibill from my sole point of view, throw rosk now, is the only company which managed to build correct business procedures and the only company where clients actually were not treated as normal people in normal business.

As for scenarious predictions , I'd guess the following, the plan B is - USA clients migrate to CCBill and Paycom while USA is out og processing and Ibill EU stays fine unless there is totally no solution whatsoever in USA for a long time because IbillEU is much smaller in processing and revenue than Ibill USA and it will be very hard to keep the company afloat with much less revenues. You cant really run Ibill with like 2 employees.
:-)
However I beleive it will still stay fine as in the worst scenario that there totally is no USA bank it's possible to outsource most of Ibill in-house procedures to cheaper solutions and that will keep the company afloat till there is a USA solution.
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