ProBilling is GONE
 

RIP

yep

EB you gonna go to Aarons swingers party tonight?

Was there an email or something?

Their site doesn't suggest they are out of business...

Im def trying to make it there, you'll be there too right?

Verotel, you won't see Dec. 31....mark the words...

Yeah , we are leaving in about 30-45 min

awesome ill def try to make it

yea true.

so what ya'll talking about?

Btw... Is Ibill still in the adult business?

Merchantman never followed up on his offer to bet that they would be out of the adult business by this morning. :(

yes there was an email, I wouldnt bullshit about shit like this

Wasn't doubting the messenger :winkwink:


Just curious of the source.

Hmm... maybe merchantman's little birdy forgot which nest it came from.

Interesting timing anyway.

lol

now that I want to doubt you because you seem to know your shit, but I have not received any email about it and login is still working including stats and all..
can you elaborate a lil on this with whatever info you may have?

thanks

Ooops

Gee what a big surprise

RIP

Good riddance to them shady turkeys......we all knew it was coming. I like how they try and cushion it til the end of the email they sent out.

The following is the email

Dear Probilling Merchant,

As you well know, these have been challenging times for all online credit card processing companies. We have decided to concentrate on our rapidly growing market of alternative payment processing solutions. ACH processing is the future of online commerce and is the most viable solution for eBusiness transactions. As part of our new focus, we are offering our existing account holders a preferred rate on our ACH processing.

Effective Midnight EST Tuesday Jan 20, 2004:

SmartCheck at 7%

DirectCheck at 10.5%, with No NSF's, No reserves, No chargebacks and instant proBilling account funding

Due to the increased scrutiny by the credit card associations we feel that we can no longer offer reliable credit card processing as part of our portfolio of services. We have decided to withdraw from Visa and MasterCard high risk processing according to the following schedule:

MasterCard: Immediately

Visa: Midnight EST Tuesday Jan 20, 2004

All accounts at our acquiring banks remain open and in good standing. All proBilling account holder's FUNDS ARE COMPLETELY SECURE; weekly holdbacks and regular payouts will be dispersed as usual. Your account will remain open and accessible at www.proBilling.com. All password management functions, consumer and merchant services will be operating as normal.

This is NOT the closure of another online processor. This is a business decision made to focus on the future of online processing and we look forward to a long and prosperous business partnership with our valued merchants.


For additional information please check our proBilling Community Forum, or contact [email protected]

Regards,
proBilling Merchant Services
www.proBilling.com

Just a rumour...But I hear they are jumping ship before taking some huge fines.

It sounds like we get to keep the rebills though from the email?
Am I wrong about this?

well i'd say if everyone who was processing for them gets all they earned, then they did a lot more than i can say about a lot of other companies

Where did you hear that from???
I think its 100% obvious!

this is really fucked up and costs me a shit lot of money

NEXT PLEASE

:disgust

Youch! My apologies to anyone that is hurting from this. I feel for you!

Wow, another one bites the dust and takes a bunch of rebilling money with them right?

Dammit!

I just lost 0 rebills. None today, tomorrow twice as much.

:1orglaugh

Did you bother to read the email?

Probilling always has been a joke of a company.......look at their history folks..........should we be surprised? one webmaster described them as 3 employees in a basement in Alberta, Canada which I found to be funny.......

It was just a matter of time on this one. They are tits up, no matter how they'd like to cushion it in their e-mails.

It's time to add a more realible payment system to our sites.
There are systems around where you can safley accept all cards and bank transfers, at no risk for your money to be frozen etc.

They aren't going out of business, they are simply taking the smartest move on the web today and canning Visa and MC's stupid asses and using ACH Debit which is the future of the web. No more chargebacks woooohoooo.

Keep your eye out, more will start dropping visa/mc and going to ACH Debit now that ach debit can be done instantly through ProBilling's directcheck feature:)

Will cut down on purchase fraud quite a bit as well, I find it a very smart move indeed, way to go probilling;)

So your saying fortume 500 companies never started out of a garage or basement? Get a clue, most of your companies are ran from home or a garage, especially webmasters. I very well support anyone who can turn a basement business into a company as large as probilling, its kealous folks that like to bash.

thats the biggest bullshit ive heard in weeks

And the Pope is only suffering from a little "tennis elbow." :)

I thought it so funny when they said "This is not another biller going out of business..." Um..I think the vast majority of webmasters would say "Oh yes it is!"