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2007-04-05, 03:02 AM
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#1 |
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You can now put whatever you want in this space :)
Join Date: Apr 2003
Location: Atlanta,Ga
Posts: 893
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365billing Lost Merchant Account ?
Im hearing a lot of rumors. Got several ICQ messages and there is even a post on the Zoo saying this is true.
Can anyone else confirm? Not like this is a surprise or anything to me. Ive only had several threads pinned about it for months and even posted about losing the ACH processing last month. If this is true I know a few programs that I hope just have them in the cascade and not as a primary processor. I know one big old time program posted that they used them as a primary processor. If so . . Id be evaluating pulling some links. |
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2007-04-05, 07:40 AM
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#2 |
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Banned
Join Date: Aug 2003
Location: Mohawk, New York
Posts: 19,477
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I heard the same thing Gonzo and it was confirmed by them. But, they are still processing sales for now. I would think they are searching for a new account right now but, this has been coming for months.
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2007-04-05, 09:45 AM
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#3 | |
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You can now put whatever you want in this space :)
Join Date: Apr 2003
Location: Atlanta,Ga
Posts: 893
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Quote:
That transaltes to they are giving away access to your site with an unconfirmed credit card number. Down south if you dont pay for what you take or give away we call that stealing. As affiliates Id be worried about getting paid on a sale that your sponsor never got paid for. |
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2007-04-05, 10:06 AM
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#4 |
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NO! Im not a female - but being a dragon, I do eat them.
Join Date: Mar 2003
Location: Sex Delta
Posts: 5,084
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What sponsor uses them? I havent been able to find any
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2007-04-05, 10:58 AM
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Rock stars ... is there anything they don't know?
Join Date: Oct 2006
Location: So. Cal
Posts: 10
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kinda true....Becky can explain more for you all...
__________________
Silvercash Home to 24 Exclusive HD Sites & #1 Customer Service ICQ: 153-043-903 |
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2007-04-05, 11:02 AM
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#6 |
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Just because I don't care doesn't mean I don't understand!
Join Date: Apr 2004
Posts: 91
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I heard a few days ago that they were losing their US merchant account but this is not entirely the truth. Yes they are not processing transactions at a US bank at the moment. They've been working on a new US account for the last 6 months. I believe they are sending the transactions through their EU solution for now while they finish up integration with the new US bank.
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2007-04-05, 11:08 AM
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#7 | |
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You can now put whatever you want in this space :)
Join Date: Apr 2003
Location: Atlanta,Ga
Posts: 893
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I think Visa has a term for this too. US companies using an EU solution as a processor. |
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2007-04-05, 06:22 PM
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#8 | |
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Rock stars ... is there anything they don't know?
Join Date: Dec 2004
Location: Florida
Posts: 19
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Quote:
__________________
Racecar spelled backwards is racecaR! ICQ: 202740086 |
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2007-04-05, 11:09 AM
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#9 |
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Banned
Join Date: Aug 2003
Location: Mohawk, New York
Posts: 19,477
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That's exactly what I was told, Becky.
Except the part about finishing up intregration to a new US bank. Thanks |
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2007-04-05, 11:11 AM
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#10 |
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Just because I don't care doesn't mean I don't understand!
Join Date: Apr 2004
Posts: 91
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ARS processes with the 365 EU solution, so it doesn't even affect me. I'm done with US processing LOL. But, no they are not the only processor in the cascade. I should add that they aren't even at primary right now.
Last edited by becky; 2007-04-05 at 11:17 AM.. |
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2007-04-05, 12:08 PM
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#11 |
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NO! Im not a female - but being a dragon, I do eat them.
Join Date: Mar 2003
Location: Sex Delta
Posts: 5,084
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Actually - they have just released a statement at another board:
"Due to changes with the 365Billing US merchant relationship, the business decision has been made to discontinue our 365Billing US IPSP business ONLY" |
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Hybrid Mode
