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Old 10-26-2004, 12:12 PM  
dcortez
DINO CORTEZ™
 
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Join Date: Jun 2003
Location: Vancouver Island
Posts: 2,145
Quote:
Originally posted by scoreman
... iBill will continue to have to play that game of paying clients with the most current billing receipts.
Am I the only one who assumed that our sale revenues were held in trust on behalf the merchant (us) from which *only* reserves and commissions were transferred to iBill's coffers?

Any small business owner knows the game of using tomorrows sales for yesterdays expenses, but in the financial sector this approach can border on 'kiting' which is illegal.
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