Bye Bye iBill

vicki · 2005-01-26, 06:38 PM

webby posted this link on another board and I thought it contained enough relevant information to post here also

talk about to-the-point reporting .. I think that reporter must be from texas! lol

anyway, heres the link:http://www.oregonherald.com/home.htm?m=ibill

chilihost · 2005-01-26, 07:44 PM

that article is wild, I can't believe any professional reporter would write something like that...hopefully it will result in a bit of publicity and maybe, just maybe, ibill will take it as incentive to start paying out their webmasters!!!

cheers,
Luke

vicki · 2005-01-26, 07:49 PM

yes, quite eloquent wasn't he lol

talk about shooting from the hip!!

Ms Naughty · 2005-01-26, 07:55 PM

I wouldn't say it qualified as objective reporting. And while the reporter goes on about how they did a lot of "investigating" it's very light on for serious facts.

Nonetheless, I finally did some checking on my iBill affiliate accounts. Up until now I figured it was like Globill and I just had to write off the small amount of money owed when it first went pear shaped.

Still, the rebills have kept coming in, but I haven't had a check from them since 22nd Sept 2004 and I now have a few hundred dollars that are owed me.

GG said he got a check from them the other day. Hopefully the usual airmail delay will explain things and I might see some of my money...

cd34 · 2005-01-26, 08:16 PM

To my knowlege, there have been two payments since Oct 1. One in mid december, and one around the 5th of January. The claim is that the 5th of January payment was a 'current' payment and that they were going to work on staying current.

There was nothing said about old monies that were owed other than there were monies that were owed.

While significantly different than the pump n dump of websitebilling or globill, it does have strange parallels with some of the backchannel stuff.

The downside is that the longer it takes, the more their customer base erodes, the fewer transactions they can blend to keep a reasonable chargeback ratio. This means scrub gets turned up, and its harder and harder to push sales through until one day, not enough transactions can be pumped through, the bank closes the merchant account, the funds are held for 6 months and then released -- usually to an offshore bearer share entity.

Enron kept the balls in the air for quite some time too.

Opti · 2005-01-26, 08:20 PM

Funny how that "reporters" name doesnt seem to exist anywhere else on the web

http://www.google.com/search?q=%22Lawrence+Kiminski%22

Weird article... leaves himself open for charges of only giving half the facts the way he goes on about all the poor mom and pop businesses being hurt... I doubt that angle will bring a lot of support if the public read it as mom and pop porn operations.

2005-01-26, 06:38 PM	#1
vicki Heh Heh Heh! Lisa! Vampires are make believe, just like elves and gremlins and eskimos! Join Date: Aug 2003 Location: texas Posts: 75	Ibill: sex, lies and credit cards - a must read for peeps involved with them webby posted this link on another board and I thought it contained enough relevant information to post here also talk about to-the-point reporting .. I think that reporter must be from texas! lol anyway, heres the link:http://www.oregonherald.com/home.htm?m=ibill __________________ <br> US, Canadian and Offshore merchant accounts<br> the FULL SCOOP on sponsors

2005-01-26, 07:44 PM	#2
chilihost Look at 'em. Watchin' my TV. Sittin on my couch. You better not be in my ass groove! Join Date: Aug 2003 Posts: 465	that article is wild, I can't believe any professional reporter would write something like that...hopefully it will result in a bit of publicity and maybe, just maybe, ibill will take it as incentive to start paying out their webmasters!!! cheers, Luke __________________ HunkMoney+BritishBucks+LatinoBucks=50+ gay sites!

2005-01-26, 07:49 PM	#3
vicki Heh Heh Heh! Lisa! Vampires are make believe, just like elves and gremlins and eskimos! Join Date: Aug 2003 Location: texas Posts: 75	yes, quite eloquent wasn't he lol talk about shooting from the hip!! __________________ <br> US, Canadian and Offshore merchant accounts<br> the FULL SCOOP on sponsors

2005-01-26, 07:55 PM	#4
Ms Naughty old enough to be Grandma Scrotum Join Date: Aug 2003 Location: Australia Posts: 1,408	I wouldn't say it qualified as objective reporting. And while the reporter goes on about how they did a lot of "investigating" it's very light on for serious facts. Nonetheless, I finally did some checking on my iBill affiliate accounts. Up until now I figured it was like Globill and I just had to write off the small amount of money owed when it first went pear shaped. Still, the rebills have kept coming in, but I haven't had a check from them since 22nd Sept 2004 and I now have a few hundred dollars that are owed me. GG said he got a check from them the other day. Hopefully the usual airmail delay will explain things and I might see some of my money... __________________ Promote Bright Desire

2005-01-26, 08:16 PM	#5
cd34 a.k.a. Sparky Join Date: Sep 2004 Location: West Palm Beach, FL, USA Posts: 2,396	To my knowlege, there have been two payments since Oct 1. One in mid december, and one around the 5th of January. The claim is that the 5th of January payment was a 'current' payment and that they were going to work on staying current. There was nothing said about old monies that were owed other than there were monies that were owed. While significantly different than the pump n dump of websitebilling or globill, it does have strange parallels with some of the backchannel stuff. The downside is that the longer it takes, the more their customer base erodes, the fewer transactions they can blend to keep a reasonable chargeback ratio. This means scrub gets turned up, and its harder and harder to push sales through until one day, not enough transactions can be pumped through, the bank closes the merchant account, the funds are held for 6 months and then released -- usually to an offshore bearer share entity. Enron kept the balls in the air for quite some time too. __________________ SnapReplay.com a different way to share photos - iPhone & Android

2005-01-26, 08:20 PM	#6
Opti I Didn't Do It Join Date: Aug 2003 Location: au Posts: 795	Funny how that "reporters" name doesnt seem to exist anywhere else on the web http://www.google.com/search?q=%22Lawrence+Kiminski%22 Weird article... leaves himself open for charges of only giving half the facts the way he goes on about all the poor mom and pop businesses being hurt... I doubt that angle will bring a lot of support if the public read it as mom and pop porn operations.