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#8 |
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Celebrating Company's Success with A Beer From Mini Bar
Want to see your own Advertising Here!
Join Date: Oct 2002
Location: Little South of Sanity
Posts: 6,551
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Few thoughts
If companies that are processing significant amounts through Ibill were to suddenly cease processing with Ibill it could cause such a change in the revenue stream and revenue structure of Ibill that drastic results may occur (think downsizing/closing) and result in huge amounts of lost revenue FOR ALL PARTIES! What % of clients do you speculate Ibill actually lost of the Visa fees and of the clients Ibill lost how many we actually worth having? Am thinking Ibill mostly lost some mom and pops ........ Don't know why that loss is being blamed in the articles, or maybe it is more than I'm speculating If a company had any reasonable amount of rebills tied up with Ibill they paid their fee regardless or lose the rebill revenue I haven't activity processed with Ibill in almost a year and haven't used Ibill as a primary processing solution for almost 2 years but still paid the fees rather than lose the rebilling income - was an easy (but distasteful) decision Am I still concerned about the solvency of Ibill? Yes, for various reasons |
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