what happened to ibill
 

What is the deal with Ibill? I hear all this crap about them going around, but nobody has simplified what happened.

From what I understand, they lost their merchant account or are going to because of a problem with First Data.

First Data didnt renew contract, iBill lost millions, ibill got worried, tried to make restraining order, judge denied.. they got worried.. Then they got a new bank.. webmasters are waiting to get paid.. they start processing visa soon again.. still losing millions

whi knows, but they are still in business :thumbsup

Interesting. I wonder why First Data didn't renew contract. Maybe they want more money?

^^^^^^
i think becasue adult is very 'chargeback' happy

There was never any intention to renew the contract as such and iBill was fully aware of that. It was more a case of the plug being pulled a little earlier than they were hoping for.