[cd34]

IBill's entry into the business was due to a contract that they held with 3M's consumer division. 3M decided it was cheaper to pay 10% to a third party processor than it was for them to maintain their own systems.

That is what Intercept wanted, then spooled off the adult side, which was then spooled off again.

IBill will survive -- the current investors spent far too much to just dump it (I don't think they did a smart thing because they used far too much personal money for an emotional purchase)

Its going to be a bumpy road, that's for sure, but they will pull through. I am thinking they will turn into a very large transaction processor rather than maintaining IPSP status. Their stance on Visa sort of reinforces that. I have a few clients that IBill keeps claiming they will support IPSP, but, its been a while and I see no indication that they ever will.

There are benefits to the non-IPSP route, but, if you're going to go that way, talk with Mitch or Karen @ Netbilling.