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Old 09-21-2004, 03:30 PM   #1
Shoplifter
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The big Ibill rumour

Ibill has lost their USA banks?

No wire here today, has anyone received anything this week?
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Old 09-21-2004, 03:36 PM   #2
tony286
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I put my faith in ibill
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Old 09-21-2004, 03:38 PM   #3
Shoplifter
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I do as well.

But I am switching my join pages until we see our wires.
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Old 09-21-2004, 03:39 PM   #4
.:St Ides:.
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Quote:
Originally posted by Shoplifter
I do as well.

But I am switching my join pages until we see our wires.
How about contacting them to see where they are?
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Old 09-21-2004, 03:50 PM   #5
Mr Dickovitch
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I got my wire last week.
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Old 09-21-2004, 03:51 PM   #6
directfiesta
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Look at the other thread or visit xbiz.com...

The shit has hit the fan again !
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But I can't figure out how he can breathe or type , at the same time ....
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Old 09-21-2004, 03:53 PM   #7
SEObot
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ibill will shut down!
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Old 09-21-2004, 03:53 PM   #8
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stop spreading the lies
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Old 09-21-2004, 03:54 PM   #9
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I feel that it will work out, but some words from Ibill would be nice about now.
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Old 09-21-2004, 05:05 PM   #10
wjd
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:2cents

We have been receiving our daily deposits with no indication that tomorrow will be anything different.

Win

http://www.sincity.com
http://www.adultdigitalmedia.com
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Old 09-21-2004, 05:07 PM   #11
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What does Visa/MC do that makes it so hard for 3rd party billers to operate?
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Old 09-21-2004, 05:08 PM   #12
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Quote:
Originally posted by wjd
We have been receiving our daily deposits with no indication that tomorrow will be anything different.

Win

http://www.sincity.com
http://www.adultdigitalmedia.com
Ibill actually offers daily deposits? What's the catch?

BTW, you aren't the only one complaining of no wire.
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Old 09-21-2004, 05:11 PM   #13
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I just read another post on Ibill. They said nothing is wrong with their outgoing wires.
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Old 09-21-2004, 05:12 PM   #14
Steen2
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I think they sent me too much money today. They can't afford to pay anyone else until tomorrow














Incase IBill is reading, this isn't Libel, I am JOKING
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Old 09-21-2004, 05:19 PM   #15
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Originally posted by SD Qball
I just read another post on Ibill. They said nothing is wrong with their outgoing wires.
Can you post the link? I can't find it.

So the EU wires have been sent on the 20th?
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Old 09-21-2004, 05:27 PM   #16
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http://www.xbiz.com/news_piece.php?id=5306
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Old 09-21-2004, 05:28 PM   #17
uchase/webpry
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Quote:
Originally posted by Shoplifter
Ibill has lost their USA banks?

No wire here today, has anyone received anything this week?
confirmed. kiss your money goodbye and refresh your traffic to us, we don't depend on ibill.
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Old 09-21-2004, 06:02 PM   #18
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IBill, First Data in Contract Dispute

NEW YORK ? Third-party payment processor iBill filed a complaint against First Data Merchant Services Corp. alleging that the company is costing iBill $800,000 per day because it failed to make good on the promise to help transition its accounts to another credit card processor after the expiration of a contract dating back to 1998.
In legal documents obtained by XBiz, iBill contends that it could go out of business by as early as next week if the Court does not issue a temporary restraining order against First Data.

In papers filed in New York Supreme Court, iBill alleges that First Data's failure to fulfill its promise to work with the third-party processor as it moved customer accounts over to New York-based Merrick Bank could cause "irreparable harm" to its business and customer base.

IBill has been using First Data Merchant Service and First Bank Financial, collectively known as First Data, as the processor for its credit card receipts for the past six years. IBill's contract with First Data technically expired on Sept. 15.

The plaintiff, iBill, had expected the transition to be completed by Nov. 15, but now claims that First Data reneged on the promise and put iBill and its business process in jeopardy and could possibly result in iBill's closure.

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.

IBill had been in negotiations with Merrick Bank since mid-August to replace First Data as its processor.

IBill is asking for the court's intervention to maintain status quo and "avoid the catastrophic consequences of First Data's threatened action."

"Any termination by defendants would result in immediate, irreparable harm to plaintiff and its customer bases," the complaint said. "Cancellation of its credit card support arrangements would effectively put plaintiff's customers out of business, depriving them of any ability to function. Absent a temporary restraining order, plaintiff and many of its customers may be forced to close their doors."

Deerfield Beach, Fla.-based iBill, which is short for Internet Billing Company Ltd., is one of the leading third-party credit card processors for the online adult industry. The company is publicly traded on the Nasdaq exchange.

Nearly 78 percent of iBill?s revenues are from adult entertainment content. In 2003, iBill averaged 1.2 million transactions per month and completed approximately $330 million in gross transactions.

In July, Care Concepts I, Inc. agreed to acquire Media Billing LLC and Internet Billing Co., collectively known as iBill, from Penthouse International for $55 million in an all-stock deal.

Representatives for iBill and First Data could not be reached for comment.


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Old 09-21-2004, 06:19 PM   #19
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yea got no wires here yet
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Old 09-21-2004, 07:33 PM   #20
tical
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when is someone from ibill going to comment on this?

i spoke with someone from ibill via IM earlier and he made it seem like there wasn't anything even remotely close to be concerned about, he even asked "what rumor?"

odd
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Old 09-21-2004, 07:43 PM   #21
oldnewbie
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Quote:
Originally posted by tical
when is someone from ibill going to comment on this?
Mark from Ibill posted in this thread:

http://gofuckyourself.com/showthread...pagen umber=2
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Old 09-21-2004, 09:19 PM   #22
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Why in g*d's name would anyone use this company after all of the problems over the last few years? There are much more better and stable processors out there. It totally bewilders me. We will never again rely on any third party processor as our primary.

Z
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Old 09-21-2004, 09:29 PM   #23
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i got my ach deposit on time as always and in full. dunno about the rest of you.
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Old 09-22-2004, 04:57 AM   #24
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i got my deposit
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Old 09-22-2004, 10:21 AM   #25
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Originally posted by Shoplifter
So the EU wires have been sent on the 20th?
I don't think so.
I also didn't get my wire
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Old 09-22-2004, 10:43 AM   #26
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Originally posted by directfiesta
Look at the other thread or visit xbiz.com...

The shit has hit the fan again !
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