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Originally Posted by pam
I won't name them until I confirm it. I'm getting more information and it may not be the whole story .... it may be just "certain" types of sites they won't process for any longer, but if that's true, mine are safe (no hardcore content at all).
If I lose it, it's not a whole lot of money, but for my friend who was earning $10k a week and now has NO processor plus loses all the cash he's owed plus rebills ... that REALLY sucks.
I'm not going to say much more publicly as my own feelings should not be aired
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You started this 'could be huge drama' thread without naming names or confirming anything? You're not going to say more publicly?
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it may be just "certain" types of sites they won't process for any longer
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What if it's not confirmed/true that they're out of business, and what if they just don't process for things like watersports or sites they deem really offensive or border line illegal or unethical? (By the way, from your last message about SMBD it appears to be that way). Then this thread would have no value. And when names are named a new thread will most likely be created anyway.
It doesn't sound like a processor going down to me, it sounds like they have pressure from their bank or Visa/MasterCard and they must become more strict to continue business, just like CCBill and Paycom have done in the past.
You said that a billing processor dies, and then you say it could be they're not processing for severe sites. I don't find that very cool or professional and now I'm glad you didn't name names.