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Old 03-02-2005, 10:08 PM  
Webby
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Join Date: Oct 2002
Location: Far far away - as possible
Posts: 14,956
Quote:
Originally Posted by AsianDivaGirlsWebDude
Thanks Webby (and Claude)...

The last I heard regarding the U.S. side, is that the First Data money issue is almost reconciled and that funds will be paid electronically to the individual clients from a 3rd party (not iBill). This sounds similar to what is happening with Inteca.

The other past due money owed will supposedly be handled seperately, although also likely through a 3rd party. What remains to be seen is whether we will be paid a lump sum or in installments. Hopefully, the latter, but at this point I will be somewhat happy just knowing what to expect.

ADG Webmaster
That sounds good shit!! It is vital that iBill don't get there hands on any money other than their due costs for processing.

There may be a lesson in this for all third party processors in that they do need some security for webmaster funds and it's better this is handled via some third party arrangement or maybe some insurance deal.

First Data may have started this iBill problem, - tho with good cause and advance notice to iBill management, - but at least they are not bending in handing over funds direct to iBill and US webmasters have some chance with this.
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Last edited by Webby; 03-02-2005 at 10:09 PM..
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