*** Who Bought Ibill? ***
 

Hoopers post got me thinking about this....

I just realized nobody has asked or speculated - who bought Ibill?
... and what does it mean for the future of adult?


In the press release it says:

A management group from IPS led by its Chief Executive Officer, John M. Perry, will be part of the purchase group, along with a third party provider of merchant payment services for both traditional and web-based merchants

It's sort of hard to figure out...

Did Epoch Buy Ibill?
Did CCbill Buy Ibill?
Is it another smaller player in adult processing?
Is it another publicly traded company?

The answer isn't so obvious, but will definitely shed some light on what the future of processing for this industry holds.

I thought Mid-March was rumored to be doomsday for processing (ala verified by visa?).

If that were true, then Epoch or CCbill wouldn't want to make that kind of commit for IBills client base right?

So if one of them bought Ibill, then it says good things about the future of processing...

On the other hand, if a company other than the two above bought it, then that would suggest BAD things to come for
the industry -- because Epoch and CCbill had to have been offered by ICPT to buy Ibill before they made a deal with some unknown non-adult processing company.

So if they were offered, and they didn't jump at the chanced to buy it - then I predict bad things on the horizen.

Also remember, the CEO of IPS stayed in on the deal. So it's something that he wants to still be associated with still, at least financially.

Either way, I have a feeling the next few months are going to be very interesting and eventful for adult.

But I hope it's for the good and everyone makes, and continues to make lots of money!

Didn't CCBILL release their new web900 about the same day IBILL announced the sale?? Hrmmmm

lol

ok ok
i bought it
are you guys happy now?

nah i bought it

I bought it to get an inside look at quiets numbers.


Yep, his screenshots were real. :thumbsup

I tried to buy it, but apparently it's worth more than the 2 dimes and the half eaten sub sandwich that I offered to pay





Rip

:1orglaugh :thumbsup

Hmm I didn't think about that.

My vote was leaning towards Epoch based on Hoopers thread...

I just figured hes probably in the loop.



Well whoever it is - Good Luck :thumbsup

LikeWhoa and they are now integrating its many features into the many features of the many features of AdultCentro.

Who bought Ibill?

Rumors around here are that it was paypal/eBay. I hope THAT isn't true. What a nightmare. :feels-hot

That HAS to be a rumor, right? :Graucho

Spoink!