Paymonde Bites the Dust!

Kenny B! · 2006-11-16, 03:08 PM

It was announced this week that Paymonde (previously MyVirtualCard) has ceased operations; according to their website they are going out of business.

I want to assure you, regardless of the situation, you will be paid on all Paymonde/MVC sales and rebills made prior to today’s date. Unfortunately we have no control over the actions taken towards Paymonde/MVC by their banks, we will assume responsibility for our processor and pay affiliates in full.

IA Cash used Paymonde/MVC as a secondary processor. All CCBill sales are fine (past, present and future) and it is business as usual; not to worry.

Paymonde’s CEO has made a statement you can read here http://www.xbiz.com/news_piece.php?id=18162 regarding the unfortunate events that lead to their decision to close the doors. There has been much talk (good and bad) done on various message boards regarding the owners. I firmly believe that this was not a malicious cash grab attempt or a scam by any means.

Thank you for your understanding in this matter and your continued support. Please do not hesitate to contact me if you have any questions or concerns.

Thanks,
Kenny B!
ken@iacash.com
icq: 234-817-781
Toll Free: 866-735-8805

2006-11-16, 03:08 PM	#1
Kenny B! I'm normally not a praying man, but if you're up there, please save me Superman! Join Date: Dec 2003 Location: Montreal Posts: 472	Notice to all IA Cash affiliates Re: Paymonde/MVC closing It was announced this week that Paymonde (previously MyVirtualCard) has ceased operations; according to their website they are going out of business. I want to assure you, regardless of the situation, you will be paid on all Paymonde/MVC sales and rebills made prior to today’s date. Unfortunately we have no control over the actions taken towards Paymonde/MVC by their banks, we will assume responsibility for our processor and pay affiliates in full. IA Cash used Paymonde/MVC as a secondary processor. All CCBill sales are fine (past, present and future) and it is business as usual; not to worry. Paymonde’s CEO has made a statement you can read here http://www.xbiz.com/news_piece.php?id=18162 regarding the unfortunate events that lead to their decision to close the doors. There has been much talk (good and bad) done on various message boards regarding the owners. I firmly believe that this was not a malicious cash grab attempt or a scam by any means. Thank you for your understanding in this matter and your continued support. Please do not hesitate to contact me if you have any questions or concerns. Thanks, Kenny B! ken@iacash.com icq: 234-817-781 Toll Free: 866-735-8805 __________________ ken@iacash.com icq: 53962376