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Originally Posted by Webby
There is also the matter of why First Data pulled the plug on iBill. If First Data are in the wrong, why have iBill not commenced action for recovery of funds, but pleading with First Data instead??
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Maybe my memory really is getting bad with old age but wasn't it a lot clearer than that? iBill had a LOT of warning that the bank was pulling the plug (ie at least 6 months probably more). Then because iBill has always been run by monkeys they totally ignored the fact that it was ending instead hoping that a flimsy verbal agreement to extend the cut-off date would give them time to arrange something else. A 'verbal' agreement when millions of $'s are involved.
The bank unsurprisingly changed their minds as nothing was on paper (have you ever known a bank to keep a verbal agreement?) and all of a sudden the bank was a bitch for pulling the plug??? What the fuck were they ever thinking allowing it to get to that stage.
Forgetting everything that's happened since, that alone should be a reason for nobody to ever go near them again. No company that incompetent should be handling sums in the millions of dollars.