Lacoste

I just hung up with 2 gateway providers that work with merchsolutions and they explained that they did not receive payment for the processing yet as of today. MS are 2 1/2 weeks late in payouts. The gateway provider can't pay its clients and cannot even pay themselves for the gateway services provided to MS. The next step might be a cancellation of service until they pay up. The info is 100% true and accurate. I won't post company or people's names but this info comes from accounting reps of 2 prime gateway providers.
I guess MS are probably going to go down or take off with the cash. We'll find out soon enough. My contact at one of the gateways will keep me updated and I will post the results here. Good luck to those who processed with them. If they get yanked by the gateways it will be adios to the rebills and your money.

Anything to say about this Dingo?

__________________
Lacoste