What PSW Billing said!
 

On 08/06/03, PSWBilling wrote:

Client Notice: PSW is alive and well

"Dear PSW Clients,

Due to one of our banks' paranoia of Visa and their heavy handed approach toward the so called "high risk industry", they ceased releasing funds for a brief time period. Although PSW was never even close to Visa's chargeback threshold, our client's funds were also temporarily withheld.

These funds are now starting to be release and within the next two weeks the cash flow crunch that was unjustly put upon PSW will be over. Once again, PSW is not going anywhere. Accounts will continue to remain open and the money will start to flow again next week.

We apologize for the inconvenience and stress this has caused some of our clients and regular status updates will be provided as we progress. Again, we encourage all of our clients to contact us directly with any questions, concerns or problems they might have.

With all due repect,
PSW Billing Solutions"

------------------------------

The operative sentence in this post I think is this one:
"These funds are now starting to be release and within the next two weeks the cash flow crunch that was unjustly put upon PSW will be over."

It's now been over a month, and what was promised THEN did not come through. Just a sad reminder that if you are still using this company, you best move elsewhere ASAP!

I got paid...

I'm still waiting for a check that was supposedly sent over 5 weeks ago. I am starting to doubt that it was actually sent then.

up to date? or are you also waiting for some of the checks?

I have no way of telling, their system is one of the worst I've used for tracking..

jact - email them and ask them for a list of checks. I did this recently so I could backtrack all my deposits and make sure no checks were missing.

Now that I read the excerpt from the first msg in this thread again, I think that the check date in my list refers to when it would have been sent NORMALLY... the date was right in the middle of their payouts suspension problem.

The list they sent me very clearly says <b>paid.</b>

They haven't paid me and I get wire transfers.

PSW should come clean here and tell us all what is going on.

Silence...................
shhhhhhhhhhhhh:321GFY

Part of the problem is Visa's and the banks they allow to sign up people to be third party processors.

I've been in business a long time and can safely say I have never seen such ineptness and amateurism from people who are supposed to be dealing in the financial world.

They allowed the situation to get as bad as it is and now we have the knee jerk reaction which does no one any good.

They could not see which sites were ripping people off. The sites that were just a straight scam and the sites that were not delivering what they asked for? Of course they could, they just hid it with the good sites making up the difference.

They did not know which sites were processing through the US and breaking US laws or Visas guide lines on what is and is not acceptable porn?

Of course they could of, how dificult is it to enter the word Skat into a Google search and see what comes up and where they process. Or the third party processors to keep an eye on who is delivering the right product and who is not.

No they all just went for the quick buck and bugger the consequences. Now the axe has fallen, who's neck is it about to hit? Ours.

Us people running websites, largely a bunch of newbies to the business world. We are meant to be inept amateurs or plain crooked. They were meant to be people who could be trusted with running a financial business and time and again they are exposed for their short comings.

*end of rant*