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Yes my experience in this is that those who play near the edge are the first to get their asses handed to them. That is not exactly the place I like to be with my monies.
I want to be fair to iBill in that this is still an achievement for them that they have this in place as they are now alot more viable than they were without this, but it would be my hope that this is just a bandaid manuever while they get their actual domestic merchant account in place.
I have to believe that if iBill is able to get their domestic merchant bank situation fixed that they have the needed tools in place to go forward as an IPSP rather than this quasi Paypal that they have made themselves today.
Even if iBill rights this ship, iBill has alot of key relationships that are now in the toilet that will take alot more to rebuild than getting a new merchant account and gift baskets.
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