R.I.P. PSW
 

buh-bye

RIP

Did I miss something?

Did you get the e-mail?

lol

I still haven't gotten the email, if I didn't read message boards or other publications I'd be in the dark. Great fucking show PSW, like usual.

:(

I just received my email. Darren posted his copy to GFY six (6!) days ago. What's going on there? I checked and it seems to have left PSW minutes before it arrived here, so there were no problems with intermediate delivery.

http://www.pswbilling.com/news/ says nothing of their demise, and their application form still works. Another Ghost Site like http://www.globill-systems.com/ ? (check it out if you haven't seen it lately...)

HAHAHA, it showed up not 2 minutes after I posted that I hadn't gotten it. Man, what fucking winners.

What bugs me is not only do I lose all my rebills - but what happens to the "reserve" that PSW has kept all these years in case of chargebacks. Its at the stage where the webmasters are way better off asking the biller to pay us a reserve of 10% of our sales so we can buy income protection insurance.

You'll get like 10% of everything, if they do the same as Globill! :( I'm glad I never used PSW for anysites I ran!

jDoG

I think I'll auction off their wall banners that they forgot in Vegas last year. Doesn't look like they're gonna need it.

Remember PSW coming on here saying that they are here to stay ? Remember them promising everyone would get their money even if it came from the pockets of management ?

PSW Billing, you have shown yourselves to be a bunch of lying bastards like all the other shady con merchants that unfortunately circle this industry like a school of hungry sharks.

Rather than pay out what you owe people from your own pockets you are more likely pocketing whats left and walking away to continue your nice little lives.

PSW can blame the banks all they like, thats of no concern to their clients. It's not the banks who are responsible to PSW clients, it's the management of PSW.

It seems that theft is so commonplace now that companies like iBill get away with it when they steal webmaster reserves. Companies like PSW and GloBill go under with potentially millions of dollars of other peoples money and new ones rise to take their place.

So no, don't Rest In Peace. The management of PSW Billing deserve no more respect or afterthought in their demise than that given to any other scammer who has thieved from trusting clients.