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Old 11-03-2004, 05:33 PM  
Scottybunky
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Join Date: Feb 2003
Posts: 86
:2cents

12k is one thing to paid a year I stood to lose possibly 300K.

12 month payments is better than not getting paid at all and having to fight in court without any funds to fund a legal war.

This could happen to anyone I survived by ducking out from others in the past before the storms came several times this time I was on a sinking ship although the fact that I will retain my rebills and get paid on time (atleast they say in writing and verbally) starting in December is good news as well they will catch us up.

I have moved my buisenss to other processors but believe me I dont feel like the ship wont sink with the others I hope not. This could be only a clue as to whats to come.

My advice is dont put your eggs all in one basket balance your sales and spread them out over a few processors over the next few months see where the water settles. This Ibill thing could be only a ripple effect. Everyone is out to cover their own ass so in the end you most likely wont see it coming it will be sudden.
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