Too Much Media Acquires Equity Stake in Segregated Payments Ltd.
 

AVN converage: http://www.avn.com/index.cfm?objecti...8B83D62941417D

Looking forward to everyone's feedback!




Our official Press Release:

FOR IMMEDIATE RELEASE:

CONTACT:
John Albright
Too Much Media
(732) 385-1536 (ext. 111)
(732) 385-1274
[email protected]
www.tmmsegpay.com

Too Much Media Acquires Equity Stake in Segregated Payments Ltd.
Too Much Media (TMM), makers of NATS, the industry?s leading affiliate software, is excited to announce the acquisition of an equity stake in Segregated Payments, Ltd (SegPay), the owner and operator of SegPay 3rd party processing services. This acquisition is the foundation of a full partnership between TMM and SegPay to provide cutting edge billing solutions to both the US and EU.

Freehold, New Jersey, 12/11/2007 ? The online adult billing industry is set to take a huge step forward in 2008 with the launch of TMMSegPay, a registered Visa Internet Payment Service Provider (IPSP) processing solution for the US and EU markets.

Scheduled to be released during or prior to February 2008, the TMMSegPay solution will allow merchants to utilize the Next-Generation Admin Tracking System (NATS) at no cost provided the merchant maintains TMMSegPay as their primary processor. ?The NATS solution we will be providing to merchants will be a fully featured, up to date NATS system, not a watered down product with limited features.? said Charles Berrebbi, of Too Much Media. He added, ?As we expand and update the NATS system TMMSegPay clients will be expanded and updated as well. We only offer one version of NATS; the one we feel is the best we can provide for our clients.?

In addition to continuing to provide billing services to the EU, TMMSegPay will bring the concept of segregated payments to the US market as a registered Visa IPSP. This concept is best summarized by Cathy Beardsley, CEO of Segregated Payments; ?The segregated payments model provides for a fully safe and secure billing solution as the processing bank will be paying TMMSegPay merchants directly.?

Staff and ownership from both Too Much Media and TMMSegPay will be present at the 2008 Internext Expo in Las Vegas, Nevada to answer any questions about the new partnership. ?I am thrilled to be able to attend the upcoming Internext convention with the news of our partnership. By acquiring ownership in SegPay we are able to bring the industry?s most advanced and widely used affiliate system to an even larger audience at the best price possible, Free.?, said John Albright of Too Much Media. ?This partnership will prove to be a fantastic relationship as we will be free to focus on the technical and promotional aspects of TMMSegPay while the banking aspects are maintained by those with many years of experience in the industry.?

Any questions should be directed to John Albright of Too Much Media who can be reached at 732-385-1536 x111 or via email at [email protected].

About Too Much Media - Too Much Media is a New Jersey based Internet Technologies Solutions Company, providing affiliate, content, and RSS feed management software solutions to both mainstream and adult internet-based businesses. Too Much Media?s ever-growing product line was created by and for industry leaders and continuously evolves to set the bar for all products, present and future. With excellent product support and easy-to-navigate user interfaces, Too Much Media provides solutions that are second to none and continues to forge ahead as the industry leader in affiliate management software solutions.
www.toomuchmedia.com

About Segregated Payments ? Based in Cyprus, Segregated Payments provides billing solutions to the EU market. Offering a unique service where funds are held by the bank until being dispersed to merchants allows SegPay to deliver a safe and secure processing solution. Multiple payment options, advanced fraud screening, 24x7 customer service, and the option to have payments made in local currency are just a few of the reasons SegPay is a respected and complete EU billing solution.
www.segpay.com

isnt that....ibill?

Daym, I'm doing something wrong, clearly.. I haven't bought any billing companies... ever.

Big news... gratz guys

No, that is not iBill. There are people who had worked at iBill in the past who now work at SegPay, but the people who drove iBill into the ground are not involved. That is a rumor which people without the greatest motives like to perpetuate.

Good move for TMM imho.. Good luck with the new venture

Massive move, yesterday the standart Affiliate Backend for Adult and now Billing...tomorrow...the world ;)

Congratulations once again!

Grats John! - But does SegPay still take cards for megarotic.com for their premium service? Will this put you in a position to help stop the theft of our content by not taking their joins?

I am curious which people who use to work at ibill now work at SegPay, i don't keep up with this stuff enough.

This was one of the many issues brought up to SegPay prior to the acquisition. They stopped taking transactions for MegaErotic once they were aware of exactly how that site functioned.

I can say for sure that their stance against any type of illegal content, be it because of theft or the type of content was very strong and will only be strong now with us involved.

Come find us in Vegas and I will introduce you to them. You can then make a character judgment for yourself after meeting them.

NICE!

After their "Holiday Toolbar" promotion, it will be interesting to see who they replaced SegPay with.

congrats

Congratulations John! That's a hell of a partnership that should reveal lots of opportunities for yourself and your clients.

Cheers,

Brad

I can tell you for sure it won't be TMMSegPay :)

As well as anyone who is dealing with illegal or stolen content. It is a tremendous issue threatening this industry and everyone needs to realize how serious it is and treat it that way.

Wow. Congrats Guys!

Congrats on the acquisition

That is great. That on top of NATS 4.0 and we are talking some serious business. Congratulations.

Someone please correct me if i am wrong but wasn't Kathy Beardsley the president of ibill? I see in the AVD Kathy Beardsley is the Segregated Payments CEO....

Congrats guys!

Cathy was put in after things were already destroyed at iBill and she caught a very bad hand. She fought very hard to get as much out of it for people as she could, but she was not the owner of iBill nor the person who made any decisions related to the eventual collapse of iBill.

She took what happened there very hard even tho it was not a result of her actions. SegPay was built to assure that can't happen again. The funds generated by your sales are held by the bank. They are issued directly to you by the bank. They never touch our hands and that is the way it should be.

Believe me when I say what happened at iBill was taken by Cathy very seriously and that she took it very personally even tho she was not the one who had control over it. She did as much as she could and took what she learned from that experience to build SegPay the right way.

I invite you to sit with us in Vegas and I will make sure both myself and Cathy are there. She can explain to you in detail what happened. It is a legitimate concern we have no problem addressing it with you.

If you want to rebrand to MerchantBill.com I'll put in a good word with the person selling the domain asset :)

:winkwink:

Brad

John i will be in Vegas and will take you up on that offer :thumbsup

great news guys, congratulations!

Thank you. We have the VIP area @ Rain so we will be very easy to find.

There is a lot of confusion out there and a lot of people with personal motives who seem to want to state things that are far from the truth. If they push something false too far there will be legal repercussions. Come and sit down with us at the show and I think you will really understand what happened and where things are at now.

Good stuff John!

Funny when she was in control of ibill , they wouldnt release my rebills early that would of saved me a big fucking chunk of the 13 grand they wound up beating me out of.

at the present time are you an IPSP in just Europe? it mentions the US but then at the bottom of the press release it just mentions Europe.

SegPay as it was before the acquisition was an EU processor.

TMMSegPay, after the acquisition, will be both a US and EU IPSP processor. The IPSP application is already approved, it is a done deal. Once all systems are tested and bullet proof it will be live.

Unfortunately she didn't have control to do so. Just because someone is named CEO of a company doesn't mean they have total control over what is done. Believe me, if she could have, she would have. She came in after iBill's fate was decided and did as much as she could to get as much as possible out to merchants. However, there was no way to completely save a sinking ship. Not a position I would envy :(

wow, congrats John and the rest of TMM.

Just the rumors alone in regards to segpay and the ibill history was alone reason enoughf for me not to use them untill this point.

But this changes it i would say. With TMM`s rep behind and involved with some ownership it looks a lot better.
And with intergrations of NATS, it can be a way in for some of the smaller sites out there who cant do it today.

Big news no matter where you a looking from :)
Billing is local currency is big news and very much needed for a lot of us Euro guys that arent on the owm merchant stage just yet.

I can't base someone's character off of a couple minute meet and greet. I would rather go off of their previous track record and work experience, etc. I was just curious if this was top people from ibill before it tanked or not.

congrats on your partnership and i hope it works out for the best for you.

Thank you :) We did a lot of due diligence and I made sure I found out the full history of the iBill saga from several people before we were ready to move forward. The people who are involved now are nothing but good intentioned.

We have a LOT planned on the tech side and I can't explain to you how excited we are with what we are going to be bringing to the table in 2008. All I can say is you will be blown away :)

lol, i`m ready to be "blown" in the tech way that is.

That will be taken care of. I have been unbelievably busy with this and it has effected that. That is wrong and please accept my apology.

As far as lawsuits I have filed ONE lawsuit in my life. Saying that every thread i post in there is a threat of legal action is a gross overstatement. However, if people do continue to spread false information about a business of mine or myself personally and the only way to resolve it is through legal action than that is what needs to be done.

It won't just be a couple minute meet and greet. I would like them to explain exactly what happened in detail to you. Then you can form your own opinions of them and what happened.

maybe someone should sue you for turning into European Lee Part 2

Very fucking nice john, cant wait for this to be ready