Question about Ibill

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  • stocktrader23
    Let's do some business.
    • Jan 2003
    • 18781
    #1

    Question about Ibill

    "IBill claims that by noon on Sept. 16, the day after its official contract with First Data expired, the credit card processor would no longer process iBill's credit card transactions, leaving iBill in the lurch and unable to continue to service its customer base of more than 4,000 Internet-based clients. "

    If they aren't able to process cards why does nobody see a problem with signups?


    Hands Free Adult - Join Once, Earn For Life

    "I try to make a habit of bouncing my eyes up to the face of a beautiful woman, and often repeat “not mine” in my head or even verbally. She’s not mine. God has her set aside. She’s not mine. She’s His little girl, and she needs me to fight for her by keeping my eyes where they should be."
    Tags: None
    • MickeyG
      Confirmed User
      • May 2004
      • 4134
      #2
      I'm wondering the same thing. So far no one answered me in the other thread

        Comment

        • tony299
          lurker
          • Aug 2002
          • 57021
          #3
          Because they got a court order so first data has to keep processing til they go to court.

            Comment

            • stocktrader23
              Let's do some business.
              • Jan 2003
              • 18781
              #4
              Originally posted by tony404
              Because they got a court order so first data has to keep processing til they go to court.
              Not sure where you saw that. Here is what I'm reading on the pdf that was linked.

              "Despite its repeated assurances taht it would extend the Agreement, First Data informed iBill at noon on September 16th, 2004, that at 4:00 p.m. on the same day it would no longer process iBill's credit-card transactions.

              ibill is now left without any credit-card processor, and is unable to continue servicing its customers. As a result of First Data's actions iBill is losing approximately $800,000 a day. At this rate, Ibill will have to close its business by early next week."


              Hands Free Adult - Join Once, Earn For Life

              "I try to make a habit of bouncing my eyes up to the face of a beautiful woman, and often repeat “not mine” in my head or even verbally. She’s not mine. God has her set aside. She’s not mine. She’s His little girl, and she needs me to fight for her by keeping my eyes where they should be."

                Comment

                • GonZo
                  Confirmed User
                  • Jul 2002
                  • 3180
                  #5
                  Originally posted by tony404
                  Because they got a court order so first data has to keep processing til they go to court.
                  Bro this reminds me of a line out of a Styx song....

                  "Your fooling yourself..."
                  Assclown Bob Rice wants to BANG your credit card!
                  "I am putting the bastards of this world on notice; greed and corruption will always be met with "a voice made of ink and rage."
                  All the information above is my personal opinion.

                    Comment

                    • stocktrader23
                      Let's do some business.
                      • Jan 2003
                      • 18781
                      #6
                      Originally posted by GonZo
                      Bro this reminds me of a line out of a Styx song....

                      "Your fooling yourself..."
                      From what was posted I'm either missing something or it's from another source. All I see is their processing was halted, haven't found where a court order is making First Data process until the deal tomorrow. Maybe I'm blind.


                      Hands Free Adult - Join Once, Earn For Life

                      "I try to make a habit of bouncing my eyes up to the face of a beautiful woman, and often repeat “not mine” in my head or even verbally. She’s not mine. God has her set aside. She’s not mine. She’s His little girl, and she needs me to fight for her by keeping my eyes where they should be."

                        Comment

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