WTF!! Paycom has lost its merchant bank?!?! ANOTHER iBILL!? - GoFuckYourself.com - Adult Webmaster Forum

X

gyrostastegood

Confirmed User

Join Date: Nov 2004

Posts: 112
Share

Post
#1

WTF!! Paycom has lost its merchant bank?!?! ANOTHER iBILL!?

02-17-2005, 07:42 AM

Uhhhh, I've received a number of calls this morning telling me this.

Is this true?! Can anyone confirm?

ALSO, the CEO, Mallik, has left the company and is running now?

$1.5m has been fined to teh company and they have no more cash? Does that mean we do not get paid?

Someone please tell me it isn't true. Or if it is, more details please! I have $2,000 bucks that is owed to me! Not a lot of money, but it is to me...

I am studying for my PhD in Pornology
Tags: None
Jace

FBOP Class Of 2013

Join Date: Jan 2004

Posts: 35562
Share

Post
#2

02-17-2005, 07:43 AM

oh wow...i hope this is just board crap and not for real...
Comment
Theo

HAL 9000

Join Date: May 2001

Posts: 34515
Share

Post
#3

02-17-2005, 07:44 AM

if epoch doesnt have $1.5m to pay for a fine in this industry then nobody has.
Comment
StuartD

Sofa King Band

Join Date: Jul 2002

Posts: 29903
Share

Post
#4

02-17-2005, 07:45 AM

I've heard about the CEO leaving, haven't heard about it losing it's banking...

Got a link or something?

This is me on facebook
This is me on twitter
Comment
Phoenix

BACON BACON BACON

Join Date: Nov 2002

Posts: 35475
Share

Post
#5

02-17-2005, 07:45 AM

you should refrain from posting idiotic info unless you know something

threads like this just piss me off

Telegram PhoenixBrad
https://quantads.io
Comment
Damian_Maxcash

So Fucking Banned

Join Date: Oct 2002

Posts: 12745
Share

Post
#6

02-17-2005, 07:47 AM

Now this would be a major fuck up....

Lets hope its not true..........
Comment
polish_aristocrat

Too lazy to set a custom title

Join Date: Jul 2002

Posts: 40377
Share

Post
#7

02-17-2005, 07:49 AM

i wonder if that's true

who told you that, btw?

I don't use ICQ anymore.
Comment
Theo

HAL 9000

Join Date: May 2001

Posts: 34515
Share

Post
#8

02-17-2005, 07:51 AM

a bird

after reading the PR i can tell is bs.
Comment
cherrylula

lol

Join Date: Jan 2002

Posts: 15969
Share

Post
#9

02-17-2005, 07:52 AM

666666
Comment
swedguy

Confirmed User

Join Date: Jan 2002

Posts: 7981
Share

Post
#10

02-17-2005, 07:52 AM

Something tells me this is pure BS.
Comment
Furious_Male

Doing the grind since 99

Join Date: Oct 2003

Posts: 16884
Share

Post
#11

02-17-2005, 07:53 AM

I hate threads like this that leave everyone hanging without any true facts presented.

Living in Virtual Reality
Contact: Email (preferred): furiousmale .at. gmail - Skype: live:shanedws
Comment
media

Confirmed Moneymaker

Join Date: Apr 2002

Posts: 9853
Share

Post
#12

02-17-2005, 07:55 AM

Originally posted by swedguy

Something tells me this is pure BS.

Word!

I'm here for the violence!
Comment
KRL

Entrepreneur

Join Date: Oct 2002

Posts: 31429
Share

Post
#13

02-17-2005, 07:55 AM

There is so much intentional mis-information on GFY these days its approaching the legal liability level for Lens.

I hope he starts waking up to this fact and starts taking the appropriate action and some responsibility for things posted on his board.

If you would like to develop your domains, you can lease inexpensive foreign labor
from the leaders in the field at iWebmasters.com TO LOWER YOUR COSTS AND INCREASE YOUR PRODUCTION!
*** *** *** *** *** *** *** *** *** *** *** ***
Domains Adult News KRL's Newsletter Biz Tips Just Listed Domains
Comment
NoCarrier

We need more free porn

Join Date: Mar 2002

Posts: 16356
Share

Post
#14

02-17-2005, 07:55 AM

Originally posted by Furious_Male

I hate threads like this that leave everyone hanging without any true facts presented.

That's because it's bullshit.
Comment
Tipsy

Confirmed User

Join Date: Jul 2001

Posts: 6989
Share

Post
#15

02-17-2005, 07:56 AM

Time may prove me wrong but sounds like pure idiotic bullshit being so close to the news of Chris leaving. Simply people putting 2 + 2 together and making 50

Ignorance is never bliss.
Comment
vicki

Confirmed User

Join Date: Feb 2002

Posts: 1478
Share

Post
#16

02-17-2005, 07:56 AM

The CEO is gone but Paycom is in capable hands

If at first you do succeed - try to hide your astonishment.

HR merchant accounts from 3.45%
solid biz since 98
victoriakozub AT gmail.com
skype: victoria.kozub | ICQ: 74296746
Comment
Kimmykim

bitchslapping zebras!!!!!

Join Date: Jun 2001

Posts: 16015
Share

Post
#17

02-17-2005, 07:57 AM

Oh for Gods sake. I have talked to Clay personally and they have not lost their merchant account, Mallick is not running anywhere, and I will go and ride my bike over to their offices to see if the repo man is there yet.

What a stupid thread.

Just because there is a change in management does not mean a company is going out of business.
Comment
Manowar

jellyfish

Join Date: Dec 2003

Posts: 71528
Share

Post
#18

02-17-2005, 07:57 AM

sounds like someone just exaggerating the CEO leaving grossly
Comment
Eight

Registered User

Join Date: Feb 2005

Posts: 43
Share

Post
#19

02-17-2005, 07:58 AM

The sky is falling...:-(
Comment
Trax

[----------------------]

Join Date: Aug 2001

Posts: 14486
Share

Post
#20

02-17-2005, 07:58 AM

why did Chris leave? I can imagine the paycheck at epoch was nice lol
Comment
MickeyG

Confirmed User

Join Date: May 2004

Posts: 4134
Share

Post
#21

02-17-2005, 08:00 AM

and another one bites the dust...
Comment
Rand

Industry Vet

Join Date: Jan 2002

Posts: 2663
Share

Post
#22

02-17-2005, 08:00 AM

Paycom merchant processing remains in good standing and there have been no fines.

These are nothing but rumors and are simply untrue.

-- Rand

Payment Industry - Communications - Quality Assurance
Comment
Jer

God is Brazilian

Join Date: Feb 2001

Posts: 10601
Share

Post
#23

02-17-2005, 08:00 AM

This thread should be closed.
Comment
Drake

Hello world!

Join Date: Mar 2003

Posts: 12508
Share

Post
#24

02-17-2005, 08:02 AM

Originally posted by Jer

This thread should be closed.

Yes it should. Now the rumor mill will be underway.
Comment
Damian_Maxcash

So Fucking Banned

Join Date: Oct 2002

Posts: 12745
Share

Post
#25

02-17-2005, 08:04 AM

Originally posted by Kimmykim

Oh for Gods sake. I have talked to Clay personally and they have not lost their merchant account, Mallick is not running anywhere, and I will go and ride my bike over to their offices to see if the repo man is there yet.

What a stupid thread.

Just because there is a change in management does not mean a company is going out of business.

I think Paycom should have expected a few nervous reactions concidering the current climate and the situation with IBill.

No-one likes change and Paycom have been ambling along very nicley with very few dramas in the past
Comment
KRL

Entrepreneur

Join Date: Oct 2002

Posts: 31429
Share

Post
#26

02-17-2005, 08:07 AM

All these threads where mis-information is being posted should be closed.

If you would like to develop your domains, you can lease inexpensive foreign labor
from the leaders in the field at iWebmasters.com TO LOWER YOUR COSTS AND INCREASE YOUR PRODUCTION!
*** *** *** *** *** *** *** *** *** *** *** ***
Domains Adult News KRL's Newsletter Biz Tips Just Listed Domains
Comment
Kimmykim

bitchslapping zebras!!!!!

Join Date: Jun 2001

Posts: 16015
Share

Post
#27

02-17-2005, 08:07 AM

Originally posted by damian2001

I think Paycom should have expected a few nervous reactions concidering the current climate and the situation with IBill.

No-one likes change and Paycom have been ambling along very nicley with very few dramas in the past

No argument from me at all on that one. When I spoke with Clay on the phone we discussed that very thing.

However - that is where the similarities end. Paycom hasn't been sold, sold again, missed any payments in years, or given people nothing but a string of excuses a mile long for not paying them.

I've said this for the last year or so, if I were looking for a third party solution, I'd get accounts with Paycom and with CCBill.

I would do the same today.
Comment
Shap

Confirmed User

Join Date: May 2001

Posts: 8313
Share

Post
#28

02-17-2005, 08:09 AM

KK I have a feeling the person that posted this isn't making this out of Chris leaving. I'm pretty sure they were called and told this. Somebody has it out for paycom and is telling people the sky is falling there.
Comment
kmanrox

aka K-Man

Join Date: Oct 2001

Posts: 29295
Share

Post
#29

02-17-2005, 08:10 AM

if rand says its all good then its all good... i had great sex with him once and he did everything he said he would without complaint... good ppls ;-)

Crypto HODLr
Crypto mining
Angel investor
Comment
DateDoc

Outside looking in.

Join Date: Feb 2005

Posts: 14243
Share

Post
#30

02-17-2005, 08:11 AM

This is from another GFY thread:

Quote:
Originally Posted by gyrostastegood
I'm getting calls with news that:

1. Paycom has been fined $1.5m and slapped with a lawsuit (this is true)
2. Paycom has lost its merchant (is this true?)
3. paycom has no money to pay us this month (is this true too?)

someone please verify! i'm getting hte jitters here because i have a couple grand with them...

1) False
2) Flase
3) False
__________________
Rand at Epoch

Epoch Transaction Services
Paycom Billing Services
ePassporte.com
Comment
Kimmykim

bitchslapping zebras!!!!!

Join Date: Jun 2001

Posts: 16015
Share

Post
#31

02-17-2005, 08:12 AM

Originally posted by shap

KK I have a feeling the person that posted this isn't making this out of Chris leaving. I'm pretty sure they were called and told this. Somebody has it out for paycom and is telling people the sky is falling there.

I'm sure I could speculate on just who is doing the telling, too. I choose not to since there's no truth to it.
Comment
Cory W

Deeply shallow

Join Date: Jan 2004

Posts: 9133
Share

Post
#32

02-17-2005, 08:17 AM

Originally posted by KRL

All these threads where mis-information is being posted should be closed.

I agree. But it will never happen.

Unless the post is from a valid source or at least someone that has a reputation for qualified post, they should be deleted, and yes, with discretion.

Freedom of Speech arguments on a private corporations Internet real estate absolutely kills me.

A plight of ignorance and uninformed peoples lives on....

ICQ: 292310358
Offering writing and content services (mainstream).
Marketing for L3 Payments
Comment
punker barbie

Meow Meow!!!

Join Date: Nov 2003

Posts: 10232
Share

Post
#33

02-17-2005, 08:18 AM

*to the boys that sent me a text last night* (you know who you are)

OMG you were so freaking right!!!! ROFL! *wink wink*

Chaturbate Affiliate Support: [email protected]
Comment
Shap

Confirmed User

Join Date: May 2001

Posts: 8313
Share

Post
#34

02-17-2005, 08:18 AM

Exactly KK. You know they've been sitting there waiting to have a chance to take a shot at Chris and paycom
Comment
Kimmykim

bitchslapping zebras!!!!!

Join Date: Jun 2001

Posts: 16015
Share

Post
#35

02-17-2005, 08:20 AM

Originally posted by shap

Exactly KK. You know they've been sitting there waiting to have a chance to take a shot at Chris and paycom

Glass houses and rocks don't exactly mix. Everyone would do well to remember that.
Comment
PerfectionGirls

Too lazy to set a custom title

Join Date: Oct 2002

Posts: 4484
Share

Post
#36

02-17-2005, 08:21 AM

Originally posted by KRL

There is so much intentional mis-information on GFY these days its approaching the legal liability level for Lens.

I hope he starts waking up to this fact and starts taking the appropriate action and some responsibility for things posted on his board.

Exactly! Its amazing that this stuff is aloud to happen, but its been the norm here for about 6 months. To bad really and kind of sad.

SIG TOO BIG! Maximum 120x60 button and no more than 3 text lines of DEFAULT SIZE and COLOR. Unless your sig is for a GFY top banner sponsor, then you may use a 624x80 instead of a 120x60.
Comment
Vitasoy

GFY HALL OF FAME DAMMIT!!!

Join Date: Oct 2003

Posts: 58202
Share

Post
#37

02-17-2005, 08:23 AM

Ok.. I'm wide awake now.

[email protected]
Comment
tony286

lurker

Join Date: Aug 2002

Posts: 57021
Share

Post
#38

02-17-2005, 08:30 AM

Originally posted by WEG Cory

I agree. But it will never happen.

Unless the post is from a valid source or at least someone that has a reputation for qualified post, they should be deleted, and yes, with discretion.

Freedom of Speech arguments on a private corporations Internet real estate absolutely kills me.

A plight of ignorance and uninformed peoples lives on....

I dont think thats true because I belong to a bunch of serious videography boards. You write off topic you are bounced, you write about anything doesnt have to do with videography you are gone. If this thread is a caseof some one yelling fire in a crowded building it should be deleted but this board has no monitoring really so what do you expect lol
Comment
gyrostastegood

Confirmed User

Join Date: Nov 2004

Posts: 112
Share

Post
#39

02-17-2005, 08:35 AM

My main question is, why would Chris Mallick leave as CEO?

I'm pretty sure the $1.5m fine is true. Well, I guess we'll have to wait for the press release...

I am studying for my PhD in Pornology
Comment
Stephen

Consigliere

Join Date: Feb 2003

Posts: 1771
Share

Post
#40

02-17-2005, 08:43 AM

Originally posted by gyrostastegood

I'm pretty sure the $1.5m fine is true.

I have it on reliable authority that there were no fines.

You can read the story here: http://xbiz.com/news_piece.php?id=7500

We'll be posting factual updates throughout the day and as the story progresses.
Comment
gyrostastegood

Confirmed User

Join Date: Nov 2004

Posts: 112
Share

Post
#41

02-17-2005, 08:50 AM

Originally posted by Stephen

I have it on reliable authority that there were no fines.

You can read the story here: http://xbiz.com/news_piece.php?id=7500

We'll be posting factual updates throughout the day and as the story progresses.

That story says NOTHING about a $1,500,000 fine. Which is good, right? No news is good news.

I am studying for my PhD in Pornology
Comment
SGS

Confirmed User

Join Date: Dec 2002

Posts: 5176
Share

Post
#42

02-17-2005, 08:52 AM

This thread should be closed.

See sig...
Comment
Jace

FBOP Class Of 2013

Join Date: Jan 2004

Posts: 35562
Share

Post
#43

02-17-2005, 08:55 AM

Originally posted by KRL

There is so much intentional mis-information on GFY these days its approaching the legal liability level for Lens.

I hope he starts waking up to this fact and starts taking the appropriate action and some responsibility for things posted on his board.

i doubt it, drama=money
Comment
Stephen

Consigliere

Join Date: Feb 2003

Posts: 1771
Share

Post
#44

02-17-2005, 08:59 AM

Originally posted by gyrostastegood

That story says NOTHING about a $1,500,000 fine.

Because there wasn't one. ANY news of 'shakeups' at a prominent billing company are bound to be exaggerated and rife with fear and speculation, as well as outright bullshit from those with their own agenda.
Comment
X37375787
Share

Post
#45

02-17-2005, 09:05 AM

Originally posted by JaceXXX

i doubt it, drama=money

= pageviews = more exposure for advertizers
Comment
Sly

Let's do some business!

Join Date: Sep 2004

Posts: 31376
Share

Post
#46

02-17-2005, 09:07 AM

Threads like this could cause serious health issues, and I'm not exaggerating.

Vacares - Web Hosting, Domains, O365, Security & More - Paxum and BTC Accepted

Windows VPS now available
Great for TSS, Nifty Stats, remote work, virtual assistants, etc.
Click here for more details.
Comment
Aly

President, ePufferProfits

Join Date: Dec 2004

Posts: 1881
Share

Post
#47

02-17-2005, 09:11 AM

This thread is absolute crap. Please stop fucking with people's sanity here.

.

.
Aly's ICQ: 51504163 . Aly's Email: [email protected]
Comment
SmokeyTheBear

►SouthOfHeaven

Join Date: Jun 2004

Posts: 28609
Share

Post
#48

02-17-2005, 09:12 AM

Once its on page 10 then a mod will lock it

hatisblack at yahoo.com
Comment
Rochard

Jägermeister Test Pilot

Join Date: Dec 2001

Posts: 75733
Share

Post
#49

02-17-2005, 09:29 AM

Posts like thsi should lead to lawsuits. When threads like this other companies drop everything, have meetings, and in some cases make changes. Imagine if Paycom lost $30k a day because a single company pulled their business from them because of a thread like this.

If Kimmy Kim is saying it's not true, I believe her. KK would never lie about such a thing.

Herschel Savage
Brooklyn, NY
Comment
SetTheWorldonFire

Confirmed User

Join Date: Feb 2002

Posts: 7444
Share

Post
#50

02-17-2005, 09:33 AM

Originally posted by KRL

There is so much intentional mis-information on GFY these days its approaching the legal liability level for Lens.

I hope he starts waking up to this fact and starts taking the appropriate action and some responsibility for things posted on his board.

I read somewhere that a law has passed that board owners are not responsible for anything that sufers/webmasters post.

Just what I heard.

www.STWOFDesign.com
hit me up on icq 154206276 or Skype: JaimeGizzle
Comment

Previous 1 2 template Next

Working...