Paymonde saids there sorry for what happen. - GoFuckYourself.com

TheTrash_Man · 11-15-2006, 08:24 PM

MONTREAL ? Third-party payment processor Paymonde has officially gone out of business, CEO Howard Cohen told XBIZ. The company?s demise came after its bank in the Philippines lost acquiring rights to process Mastercard transactions.
?We weren?t left with much of a choice but to go out of business,? Cohen said. ?We have not received payment from the bank, and until we do so, I cannot pay what is owed out of my own pocket. I?m fed up with being beaten up on the webmaster boards. We?re trying to do our best in what is a shitty situation for everyone involved.?

The bank owes Paymonde three weeks of payments and had promised him a settlement Friday, but has still not made good, Cohen said. Cohen could not offer a timetable for webmasters to hear about money owed.

?I want to let everyone know I?m not running away,? Cohen said. ?I?d like to thank all the webmasters that did business with us over five years for their trust and support. I feel terrible for all involved. I?m not a crook. Paymonde is not iBill.?

Cohen promised to evaluate each one of Paymonde?s merchant accounts ?on their own merits.? He said the company is planning to contact every webmaster that is owed money about their financial status, including the amount they are owed.

?What I hate about this whole situation is people on the boards calling me a thief and a scumbag,? Cohen said. ?We tried to take care of all of our clients. I know many of them personally. We were at the shows. We never hid from anybody. We charged lesser percentage [per transaction] than others. And also, everyone should know the big guys like Paycom or CCBill are not immune to this. If their processing gets pulled, how can they pay??

While the Paymonde website is down, Cohen said the company will allow clients into their backend to check on their financial status if they contact him by email.
[email protected]

Altheon · 11-15-2006, 09:38 PM

Good luck working with that bank out of the Philippines. That should have been red flag number one.

GTS Mark · 11-15-2006, 10:18 PM

I'll look forward to hearing from Howard, we have been long standing customers and I hope he comes thru with the outstanding balance that MVC/Paymonde owes us.

DH

Kimo · 11-15-2006, 10:51 PM

isnt this guy a fake nick

studiocritic · 11-15-2006, 11:28 PM

its real -- http://www.xbiz.com/news_piece.php?id=18162

studiocritic · 11-15-2006, 11:31 PM

its real -- http://www.xbiz.com/news_piece.php?id=18162

NewbieNudes · 11-15-2006, 11:59 PM

Howard I look forward to hearing from you too.

CaptainHowdy · 11-16-2006, 12:18 AM

Good Lord...

studiocritic · 11-16-2006, 12:24 AM

its real -- http://www.xbiz.com/news_piece.php?id=18162

studiocritic · 11-16-2006, 12:24 AM

sweet.. double posts an hour apart.. no, there's nothing wrong with gfy. insert iraqi information minister.. oh shit i just noticed.. make that a triple.

11-15-2006, 08:24 PM	#1
TheTrash_Man I have 6 credit cards, each buying 1 trial a day Join Date: Sep 2006 Location: Columbia Posts: 66	Paymonde saids there sorry for what happen. MONTREAL ? Third-party payment processor Paymonde has officially gone out of business, CEO Howard Cohen told XBIZ. The company?s demise came after its bank in the Philippines lost acquiring rights to process Mastercard transactions. ?We weren?t left with much of a choice but to go out of business,? Cohen said. ?We have not received payment from the bank, and until we do so, I cannot pay what is owed out of my own pocket. I?m fed up with being beaten up on the webmaster boards. We?re trying to do our best in what is a shitty situation for everyone involved.? The bank owes Paymonde three weeks of payments and had promised him a settlement Friday, but has still not made good, Cohen said. Cohen could not offer a timetable for webmasters to hear about money owed. ?I want to let everyone know I?m not running away,? Cohen said. ?I?d like to thank all the webmasters that did business with us over five years for their trust and support. I feel terrible for all involved. I?m not a crook. Paymonde is not iBill.? Cohen promised to evaluate each one of Paymonde?s merchant accounts ?on their own merits.? He said the company is planning to contact every webmaster that is owed money about their financial status, including the amount they are owed. ?What I hate about this whole situation is people on the boards calling me a thief and a scumbag,? Cohen said. ?We tried to take care of all of our clients. I know many of them personally. We were at the shows. We never hid from anybody. We charged lesser percentage [per transaction] than others. And also, everyone should know the big guys like Paycom or CCBill are not immune to this. If their processing gets pulled, how can they pay?? While the Paymonde website is down, Cohen said the company will allow clients into their backend to check on their financial status if they contact him by email. [email protected] __________________ TRASHMANVIDEO.COM http://my******************/TMV4432 Pure Home Grown Black & Columbian Bitchs**

11-15-2006, 10:51 PM	#4
Kimo ... Join Date: Jan 2006 Location: Maryland ICQ:87038677 Posts: 11,542	isnt this guy a fake nick __________________ ...

11-15-2006, 11:28 PM	#5
studiocritic Confirmed User Join Date: Jun 2005 Location: Irvine, CA Posts: 2,442	its real -- http://www.xbiz.com/news_piece.php?id=18162 __________________ 254342256

11-15-2006, 11:31 PM	#6
studiocritic Confirmed User Join Date: Jun 2005 Location: Irvine, CA Posts: 2,442	its real -- http://www.xbiz.com/news_piece.php?id=18162 __________________ 254342256

11-15-2006, 11:59 PM	#7
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11-15-2006, 09:38 PM	#2
Altheon Confirmed User Join Date: May 2004 Posts: 506	Good luck working with that bank out of the Philippines. That should have been red flag number one.

11-15-2006, 10:18 PM	#3
GTS Mark Vrume Mark Industry Role: Join Date: Jan 2001 Location: Toronto, Canada Posts: 20,912	I'll look forward to hearing from Howard, we have been long standing customers and I hope he comes thru with the outstanding balance that MVC/Paymonde owes us. DH

11-16-2006, 12:18 AM	#8
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11-16-2006, 12:24 AM	#9
studiocritic Confirmed User Join Date: Jun 2005 Location: Irvine, CA Posts: 2,442	its real -- http://www.xbiz.com/news_piece.php?id=18162 __________________ 254342256