Quote:
Originally posted by netbilling
Chris,
You are wrong on many points. You have no idea of Netbilling's financial capacity or banking relationships. We made a business decision to not do third party long ago. This may or may not change in the future. Part of this decision was based on the fact that our merchants like the fact that we do not take the risk and possibly not being able to pay them or shutting down completely. Be certain that we have always had the capcity to do so if we wanted to.
It does not take much to open an aggregate account. New third party processors turn up every month.
The fact is, you are not the only game in town. I have always had a great deal of respect for Epoch/Paycom and have always been friendly as have they. However, you are doing your company no justice by coming here and acting like some untouchable and slamming me.
Mitch
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Mitch:
I am not acting like an untouchable. I am trying to answer questions. In the process you slammed Kim and us for obvious self-promotion. Whatever.
As for your financial capacity, great. As for those ?aggregators? opening up every month, they also close every month too. Companies like EPOCH, CCBill, iBill, WebSiteBilling and Jettis have put literally millions of dollars in infrastructure, capacity and knowledge into this industry and we are all here to stay. Your model is not better, as you always seem to imply; it?s just different, that?s all.
I do have a question: You refer to your clients as ?merchants?. Are you aggregating for any of these merchants? Do you financially co-sign or guarantee the account? What ?skin? do you have in the game? No slamming, just serious questions.
While we obviously want more business we are happy to stay on point, if we are able to, by replying to questions on these boards and not taking every opportunity to market our services to those that are using yours. There is plenty of business to go around. Those Webmasters that want to manage a Merchant Account are going to do just that. But don?t tell me or anyone else here that the biggest players in the business (one of whom is Shaw Internet ? where KK ?bounced?) are being foolish for using third party.
I don?t want to fight with anyone here, but I am sure as hell not going to let things just lay there unanswered. You are the same, obviously. So let?s agree that our models are different and one is not necessarily better than the other. Sound fair>
Chris
?The Untouchable? CEO
EPOCH
