The following news was posted on CMI:
CD 07/25/05 Payout
iBill is pleased to announce that the payout for non-gkard transactions was processed and paid today, July 25, 2005. Clients can log in to CMI, choose Accounting and in the Statements section select a check date of 07/25/05 to see the details of this payout.
This payout encompasses Web900, Check, Catalog and non-gkard Credit Card transactions. Below are the transactions that were included in the 7/25/2005 payout.
Non-gkard credit card transactions from 6/16/2005 ? 6/30/2005
Online check transactions from 6/16/2005 ? 6/30/2005
Web900 transactions from 3/1/2005 ? 3/31/2005
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The regular schedule and date ranges for the non-gkard payout will be:
The 7th of the month
Non-gkard credit card transactions from 1st ? 15th of the previous month
Online check transactions from 1st ? 15th of the previous month
The 21st of the month
Non-gkard credit card transactions from 16th ? end of the month of the previous month
Online check transactions from 16th ? end of the month of the previous month
Web900 transactions are paid out 4 months in arrears
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We thank you for your patience as we move forward with this new payout cycle. Remember, if the payout falls on a weekend or holiday the payout will be made on the next business day.
Please keep in mind that payments are only sent via ACH or Wire Transfer. If your account is currently set to be paid via check please go to
http://www.ibill.com/merchantinfo/updatebankinginfo.cfm for online instructions on how to signup for ACH or WIRE transfer payments.