I cant' believe

[Vick]

What is below came in one of my email accounts yesterday
A lot can be read between the line
and some of it funny if it wasn't so sad


Subject: Important Payout Information from iBill and New gkard Secured Program

Dear iBill Clients,

iBill is excited to announce the launch of gkard Secured, a service of M2 Secure. gkard Secured has been established to create an additional measure of assurance that client funds will be paid to merchants on time.

gkard Secured is part of a series of steps that iBill's new management is taking to address legitimate concerns in the billing industry and as to iBill specifically.

gkard Secured highlights are:

· gkard Secured payments are NOT touched by iBill;

· gkard Secured controls settlement and payout files end-to-end for gkard Secured;

· gkard Secured is operated by an independent payment services company NOT affiliated with iBill;

· gkard Secured uses its own merchant account for gkard Loads, not the iBill merchant account;

· Real-time transaction data will remain accessible on iBill CMI;

· Secured payouts are available on gkard Secured only;

For more information on gkard Secured, please go to http://www.gkbill.com and access the SECURE PAYMENT tab.

The gkard Secured payout program specifics are listed below:


gkard Secured officially launches with the March 15, 2005 payout;
· The March 15 payout will be for all gkard transactions that occurred from February 16, 2005 through February 28, 2005;

All accounts will maintain their current payout cycle with the amounts based upon iBill's client agreements and the payout information provided to M2 Secure by iBill;
Funds will be sent via wire transfer and ACH only (for your convenience, gkard Secured will use the existing merchant banking information on file at iBill).
Any gkard, online check and web900 transactions PRIOR to February 16, 2005 will be paid out directly from iBill to the clients and will be the sole responsibility of iBill.

For FAQ's on gkard Secured, please go to http://www.ibill.com/support/securedpayoutFAQ.cfm..

Over the next several weeks, there will be new features and benefits added to the gkard Secured payout program. As iBill and M2 Secure have more updated information regarding these future enhancements, news will be posted.


Please note: This email is strictly for informational purposes only. Since you are currently set to be paid via ACH or Wire, there is NOTHING that you will need to do to participate in this payout program. However, if you have any questions or concerns regarding this new payout program, please contact either your sales manager or client services via sales@ibill.com and support@ibill.com respectively.


Thank you.

iBill and M2 Secure

[TheEnforcer]

Ummmmm.. wouldn't it be prudent to actually get caught up on existing payments first before announcing a new program/feature to ensure future payments get paid on time?

[cj]

yet another way to delay getting us our money ...

i give up

fuck 3rd party processors
you are **all** useless twats