View Full Version : Paysite owners. New EU billing company
Ok so far we have CCBill, Paycom and Veretol (if you count them)
But over the last week I have been speaking to Bari (ex Ibill so she knows what we need) about a new third party biller. Ive asked her to Summarize what they are about and this is what she said in her email.
A new third party biller for us guys in the UK? They are also being intergrated into Nats as we speak
They can also bill in local currencey
SegPay is an EU based IPSP (Internet Payment Service Provider) that provides secure online credit card and check processing for purchases made over the internet. Segpay offers a state of the art system that provides real time credit card and check authorization services, an automated password management system, marketing tools, affiliate tracking, 24x7 real time sales reporting, client/customer service support and an online webmaster interface to make immediate account changes.
We offer weekly payouts (payments can be made in Euros and US dollars) as well as competitive rates. In addition, Segpay has partnered with Inteca (www.inteca.org <http://www.inteca.org/>) to ensure your funds are maintained with the bank at ALL times until settlement into your account. You will never again have to worry where your money is or when you will receive it. Remember - with Segpay, you can “bank on us”.
For more information on Segpay contact Bari via ICQ at 241-012-785 or bari@segpay.com <mailto:bari@segpay.com>
ChemicalEyes
08-31-05, 09:06 PM
UE billing company? Where's the UE don't think I've been there, lol
UE billing company? Where's the UE don't think I've been there, lol
Edited :drink:
sent email.. see when i get a response from them..............
Heard that name before I am sure?
If the word "IBill" is used I would stay clear of them till they have a decent track record ...
If the word "IBill" is used I would stay clear of them till they have a decent track record ...
Segpay have nothing to do with IBill, but some people who worked for Ibill have left. Ibill is still going, but Bari is one of those people who left. Shes a great rep, like lots were at IBill. But things move on and so do staff, Well worth speaking to them I think. Seems a clever move for a new billing company to pic up staff from another billing compny who went down hill, at least they know what they are talking about when you speak to them.
Cardinal_Sin
08-31-05, 10:32 PM
Ok so far we have CCBill, Paycom and Veretol (if you count them)
But over the last week I have been speaking to Bari (ex Ibill so she knows what we need) about a new third party biller. Ive asked her to Summarize what they are about and this is what she said in her email.
A new third party biller for us guys in the UK? They are also being intergrated into Nats as we speak
They can also bill in local currencey
John, this company hides behind a po box - Their internet details are also hidden -
My suspicions lead this to be an offshoot of Ibill - I may be wrong - I would tend to listen to what Joe A has said in this thread.
Cardinal_Sin
08-31-05, 10:38 PM
I knew a few searches would produce some shit:
Kathy Beardsley was the iBill president from around May of 04 to Feb 05.
If any one should take responsibility for the iBill ship wreck it should be her.
While many web masters were scratching together pennies to feed there kids Kathy Beardsley was taking home $250,000 and driving a new company BMW.
While web masters were trying to get in touch with there sales reps (all of which have been fired from iBill and replaced with customer service reps) she gave the sales dept. a payment called a bridge, a 10,000 dollar a month salary to not answer the phones.
Meanwhile, we are here busting our asses 70-80 hours per week trying to save this company while Mrs.Beardsley and her crew of loyal, former iBill sales reps call on iBill clients trying to get them to go over to this great new company SEGPAY. We are trying to save iBill, get the web masters paid and these scum bags are trying to sink us .
We have to take the abuse and they get to watch from across the room and laugh.
you want to trash the people that were running ibill when the shit hit the fan go to the segpay booth at internext.
you want to help us figure out a way to get you paid , come to the ibill booth and we will work out a payment plan.
Found this in the history of another board
I knew a few searches would produce some shit:
Kathy Beardsley was the iBill president from around May of 04 to Feb 05.
If any one should take responsibility for the iBill ship wreck it should be her.
While many web masters were scratching together pennies to feed there kids Kathy Beardsley was taking home $250,000 and driving a new company BMW.
While web masters were trying to get in touch with there sales reps (all of which have been fired from iBill and replaced with customer service reps) she gave the sales dept. a payment called a bridge, a 10,000 dollar a month salary to not answer the phones.
Meanwhile, we are here busting our asses 70-80 hours per week trying to save this company while Mrs.Beardsley and her crew of loyal, former iBill sales reps call on iBill clients trying to get them to go over to this great new company SEGPAY. We are trying to save iBill, get the web masters paid and these scum bags are trying to sink us .
We have to take the abuse and they get to watch from across the room and laugh.
you want to trash the people that were running ibill when the shit hit the fan go to the segpay booth at internext.
you want to help us figure out a way to get you paid , come to the ibill booth and we will work out a payment plan.
Found this in the history of another board
So Segpay has nothing to do with IBill? Looks like from that post they left IBill, It looks to me like a disgruntled employee wrote that thread. It also looks like that employee has something against segpay, being as though he is Ibill employee, thats a good thing right?
Cardinal_Sin
08-31-05, 10:51 PM
Below you will see how Segpay has the same address/location as ibill, and how the CEO of segpay (chris williams) is also the domain registrant of inteca, their "trusted 3rd party" (they promote that their payments are safe because "Segregated Payments partners with Inteca to move your money directly from the acquiring bank into a segregated account where your funds are physically held until paid out to you. This means that those funds are not being 'borrowed' to pay other clients or used in any way.")
Segway = Toccata
Toccata Ltd is a U.K. financial services company formed in 1999 to provide currency exchange products to ecommerce merchants. ( http://segpay.com/about.htm)
address of toccata:
TOCCATA, Inc.
2200 SW 10th St.
Deerfield Beach, FL 33442
(http://web.archive.org/web/20030618...m/frameset6.htm )
address of ibill:
C. iBill allows you to access to certain information about you for the limited purpose of viewing, updating, and in some instances deleting from our system any information deemed inaccurate. Any requests to access your information may be directed to: privacy@ibill.com, Office of the General Counsel, Internet Billing Company, Ltd., 2200 SW 10th Street, Deerfield Beach, FL 33442-7622, Fax. 954.363.4401, and Tel. 954.363.4400 .(http://www.ibill.com/about/privacy.cfm)
Chris Williams is CEO of Toccata/segpay (http://www.internetnews.com/ec-news/article.php/28681 ) and toccata.com is registered in his name. Chris Williams is also the registrant of inteca.org, now the "3rd party trustee" for ibill/segpay and inteca.org and toccata.com go to the same IP:
Toccata = Inteca (same ip address)
Tracing route to inteca.org [209.61.190.42]
Tracing route to toccata.com [209.61.190.42]
Cardinal_Sin
08-31-05, 10:52 PM
Mnnnnnnnn.
Think I will pass on segpaymebutnotyou.com - Don't want history eating onions
OK I just need to let you know Ive shown segpay this thread, but they cant seem to activate their account, I need Jay to come online to fix that. Its only fair we hear there side of things. Im just as interested as you lot are :)
Cardinal_Sin
08-31-05, 10:58 PM
So Segpay has nothing to do with IBill? Looks like from that post they left IBill, It looks to me like a disgruntled employee wrote that thread. It also looks like that employee has something against segpay, being as though he is Ibill employee, thats a good thing right?
The owner is the same person, John -
All they are doing is filling their pockets by ripping the webmasters with one of their companies, and getting them to sign with anonther of their companies -
Sgwedontpay may well be better financed - But with cash stolen from webmasters?
Segwepayourselvesonly - I really couldn't trust them one Iota - Rip any webmaster who genuinly deserves his cash is also ripping all of us..
Cardinal_Sin
08-31-05, 11:02 PM
OK I just need to let you know Ive shown segpay this thread, but they cant seem to activate their account, I need Jay to come online to fix that. Its only fair we hear there side of things. Im just as interested as you lot are :)
Wurzel is in the Chich getting pissed - Like all good guys should be!
OK I'm posting this because, for some reason new members are not getting confirmation to sign up to the forum. There is something wrong and so Im getting people on ICQ saying they cant reply to threads or join to defend themselves.
JP is either pissed or dead and so I feel it only fair to post on there behalf as they cant defend themselves until its fixed.
This is what Ive been told by ICQ, this will be the last post I make showing there statement, but like I say its only fair that I do
Chris Williams is NOT the CEO of Segpay. He has stated to Inteca members that he does have a financial interest in Segpay but he’s not their CEO nor does he have anything to do with their day to day operations.
Inteca ensured that over 16 million dollars WAS paid to iBill EU clients directly from the bank. (THANKS Chris)
In regards to the Toccata/iBill address - In 2002, Toccata entered into a joint venture with iBill to develop mutli-currency capability. At that time, they shared offices with iBill. The project never got off the ground and the joint venture was dissolved in the summer 2003. There is no connection between iBill and Toccata nor any ownership connection between the two companies.
These are the facts. We have several customers up, running and happy with our billing services. The Segpay team is experienced and has a good understanding of what is required to run a successful IPSP.
I knew a few searches would produce some shit:
Kathy Beardsley was the iBill president from around May of 04 to Feb 05.
If any one should take responsibility for the iBill ship wreck it should be her.
While many web masters were scratching together pennies to feed there kids Kathy Beardsley was taking home $250,000 and driving a new company BMW.
While web masters were trying to get in touch with there sales reps (all of which have been fired from iBill and replaced with customer service reps) she gave the sales dept. a payment called a bridge, a 10,000 dollar a month salary to not answer the phones.
Meanwhile, we are here busting our asses 70-80 hours per week trying to save this company while Mrs.Beardsley and her crew of loyal, former iBill sales reps call on iBill clients trying to get them to go over to this great new company SEGPAY. We are trying to save iBill, get the web masters paid and these scum bags are trying to sink us .
We have to take the abuse and they get to watch from across the room and laugh.
you want to trash the people that were running ibill when the shit hit the fan go to the segpay booth at internext.
you want to help us figure out a way to get you paid , come to the ibill booth and we will work out a payment plan.
Found this in the history of another board
I knew it rang a bell.
If you do a search on GFY you can see the direct link between IBill EU and SegPay.
daveydude
09-01-05, 02:46 AM
Just my 2p worth - Inteca paid me everything I was owed by iBill. Their reps were quick to respond after I had some initial problems registering. It makes sense to me that a new payment processor would want to hire employees who had relevant experience, but I do agree that some track record would be nice before I'd risk a high slot in our cascade.
DMR went under a few years ago... Then there was the short lived Digiblaze started by ex DMR... Then ex Digblaze moved on to IBill.. I wish I could remember the names of the guys who had Digiblaze and went on to Ibill after staring with DMR..
Sorry JT but they are going to need one hell of a good track record if they have been associated to IBill in any way. If they were associated to the other two I've mentioned.. I wouldn't get within 100 miles of them.
When they reply it will only be a pr exercise, Do you really expect them to talk postively about the very recent history of IBill etc. They'll say they aren't associated to IBill they will say anything.. Sorry buddy but they are a big NO NO..
I wouldn't get within 100 miles of them.
I don't think anyone would who was turning over any volume. Too many problems for too many years.
It makes sense to me that a new payment processor would want to hire employees who had relevant experience, but I do agree that some track record would be nice before I'd risk a high slot in our cascade.
Thats what Im tending to think, if I was starting a payment system I would for sure hire ex IBill reps, some of the reps at IBill were great too.
Cardinal_Sin
09-01-05, 10:38 AM
Thats what Im tending to think, if I was starting a payment system I would for sure hire ex IBill reps, some of the reps at IBill were great too.
The one thing making me not interested is this -
The boss behind ibill knew the financial problems of the company and also know many webmasters got into financial problems because of this - Some lost motgages, others laid off staff - Yet this guy still had sufficient cash to fund another banking orginisation (His cash + staff but he has nothing to do with it?)
If the guy was genuine, he wouldn't have sunk cash into a similar business, he would have paid his webmasters first.
I had a load of rebills with one ibill site I had sent traffic to over a few years - All of a sudden the payments stopped and not one email was ever answered -
jrzeygirl
09-01-05, 03:04 PM
If you do a search on GFY you can see the direct link between IBill EU and SegPay.
Ok – It is time to squash the iBill / Segpay rumors. Segpay has NOTHING to do with iBill. The only “connection” is a few of their staff members. The only direct link between iBill EU and SegPay is Inteca.
IF it wasn’t for Inteca, iBill EU clients would NEVER have been paid. Inteca ensured that over 16 million dollars WAS paid to iBill EU clients directly from the bank. How many US clients can say they were paid by iBill?
These are the facts. If you have any further questions/concerns please feel free to hit me up on ICQ or via email. 241-012-785 or bari@segpay.com
THANKS
i would assume letting your work speak for you will be the best course of action in the long run.
there's obviously a ton of suspicions, however wrong or right, as well as lots of doubts. on the other hand i seem to see potential customers willing to try your services. make them happy and the word will spread.
debating this on a board where you could just as well be my next door neighbour taking the piss isn't going to prove much in a field as sensitive as this.
good luck in your ventures. :)
jrzeygirl
09-01-05, 03:25 PM
i would assume letting your work speak for you will be the best course of action in the long run.
there's obviously a ton of suspicions, however wrong or right, as well as lots of doubts. on the other hand i seem to see potential customers willing to try your services. make them happy and the word will spread.
debating this on a board where you could just as well be my next door neighbour taking the piss isn't going to prove much in a field as sensitive as this.
good luck in your ventures. :)
Thank you for your kind words -HF. If you’re ever in need of online billing please feel free to contact me. THANKS
This situation is going to show as a draw.
There will be those who received all the money owed by Ibill who will go for it and there will be those who due to all the history who won't...
As for me... I'll wait and see how it goes for a while. I have enough processors at the moment to sink a battle ship and I don't feel like making yet another tour for one more sponsors affiliates... LOL.
Cardinal_Sin
09-01-05, 06:09 PM
i would assume letting your work speak for you will be the best course of action in the long run.
there's obviously a ton of suspicions, however wrong or right, as well as lots of doubts. on the other hand i seem to see potential customers willing to try your services. make them happy and the word will spread.
debating this on a board where you could just as well be my next door neighbour taking the piss isn't going to prove much in a field as sensitive as this.
good luck in your ventures. :)
I do agree - Many of us are desperate to find a solid eu processor -
I have been hit by many going down over the years - Gold, sypro, lancelot, dmr, globill, and not being paid by ibill - Putting my losses from that lot together means I have several hundred thousands down the shitter - Guess that makes me ultra sensitive right now!
jrzeygirl
09-01-05, 07:10 PM
I do agree - Many of us are desperate to find a solid eu processor -
I have been hit by many going down over the years - Gold, sypro, lancelot, dmr, globill, and not being paid by ibill - Putting my losses from that lot together means I have several hundred thousands down the shitter - Guess that makes me ultra sensitive right now!
I agree with you Cardnial_Sin – Coming from iBill (which back in the day was voted the #1 processor) a lot of clients were hit hard with the rise/fall of different online processors. I can understand you being ultra sensitive/reluctant to give another “new” processor a try. However, what I can tell you is that Segpay IS a solid EU processor and worth giving a shot. The BEST part about Segpay is we will never touch your money. You’re paid directly from Inteca. You will never again have to worry IF/WHEN you’re going to be paid. It costs you nothing to put up a Segpay button. Give us a try.
If you have any further questions/concerns please feel free to contact me directly.
Thanks
jrzeygirl
"It costs you nothing to put up a Segpay button" But it could if you fail to pay.. Sorry to be like this but I've also been hit in the past by processors going under. The only one who did the right thing was UK based Global Charge. They paid us every cent due to us.. Something none of the US processors have ever done..
jrzeygirl
09-01-05, 07:45 PM
jrzeygirl
"It costs you nothing to put up a Segpay button" But it could if you fail to pay.. Sorry to be like this but I've also been hit in the past by processors going under. The only one who did the right thing was UK based Global Charge. They paid us every cent due to us.. Something none of the US processors have ever done..
Joe
I can/do understand your concerns. All I can say is Segpay is EU based and solid. Their relationship with Inteca ensures your money remains SECURE at the bank until you are paid directly by them. Segpay NEVER touches your money.
If you have any additional questions/concerns please feel free to contact me directly.
Thanks
Cardinal_Sin
09-01-05, 08:06 PM
I agree with you Cardnial_Sin – Coming from iBill (which back in the day was voted the #1 processor) a lot of clients were hit hard with the rise/fall of different online processors. I can understand you being ultra sensitive/reluctant to give another “new” processor a try. However, what I can tell you is that Segpay IS a solid EU processor and worth giving a shot. The BEST part about Segpay is we will never touch your money. You’re paid directly from Inteca. You will never again have to worry IF/WHEN you’re going to be paid. It costs you nothing to put up a Segpay button. Give us a try.
If you have any further questions/concerns please feel free to contact me directly.
Thanks
Chris Williams, former CEO of ibill now owns segpay.
The Inteca thing looks a good idea - A third party company handling all payouts -
Who owns Inteca?
Chris Williams - Why wasn't I surprised with that little find?
jrzeygirl
09-01-05, 08:18 PM
Chris Williams, former CEO of ibill now owns segpay.
The Inteca thing looks a good idea - A third party company handling all payouts -
Who owns Inteca?
Chris Williams - Why wasn't I surprised with that little find?
Chris Williams was NEVER the former CEO of iBill. He got involved with iBill on a joint venture that never took off. Inteca is a non-profit company. Chris does not own it.
Chris Williams was NEVER the former CEO of iBill. He got involved with iBill on a joint venture that never took off. Inteca is a non-profit company. Chris does not own it.
instead of saying this person doesn't own that, maybe suggest who owns it as a counter argument?
jrzeygirl
09-01-05, 08:28 PM
instead of saying this person doesn't own that, maybe suggest who owns it as a counter argument?
Good Idea….
Inteca is led by a small group of industry professionals who all share a common vision of providing leadership and assistance to e-commerce merchants through partnerships with commercial enterprises, other non-profit organizations and governmental bodies world wide.
Please note to everyone I’ve been corresponding with the past 2 days - I appreciate all of your feedback. As previously mentioned - over time Segpay will prove to be a solid EU processor and I look forward to the opportunity to work with you all.
Ciao!
jrzeygirl
Great post you just made, but no names... That is what HF wanted I think :) Provide names that a background check can be done on please ?
If it's non profit making how does it stay alive ?
Cardinal_Sin
09-01-05, 09:20 PM
Chris Williams was NEVER the former CEO of iBill. He got involved with iBill on a joint venture that never took off. Inteca is a non-profit company. Chris does not own it.
Why then, did a certain Mr Chris Williams register a domain called inteca.org ?
jrzeygirl
09-01-05, 09:38 PM
jrzeygirl
Great post you just made, but no names... That is what HF wanted I think :) Provide names that a background check can be done on please ?
If it's non profit making how does it stay alive ?
Joe
These are professional individuals. I'm sorry but I'm not going to post their personal information on the boards. The main reason for my original post was to introduce Segpay with hopes some clients would give us a try. That's it!
jrzeygirl
09-01-05, 09:41 PM
Why then, did a certain Mr Chris Williams register a domain called inteca.org ?
Cardnial_Sin
You don't need to be an owner to register a domain. I've explained the facts. Only time will tell.
jrzeygirl
So you expect to be trusted when you won't even publish names... Need anyone bother to post in this thread again.. That says it for me and I'm sure a few others...
Publish who the directors of the companies involved are to prove us wrong.. Why is it a secret ? What is there to hide if you want to prove that your intentions are 100% legitimate.
jrzeygirl
09-01-05, 09:56 PM
jrzeygirl
So you expect to be trusted when you won't even publish names... Need anyone bother to post in this thread again.. That says it for me and I'm sure a few others...
Publish who the directors of the companies involved are to prove us wrong.. Why is it a secret ? What is there to hide if you want to prove that your intentions are 100% legitimate.
I'm not looking to hide anything. My intentions are legit. There is no secret. If you want to contact me offline for additional information on Inteca please do so.
jrzeygirl
The information you don't want to publish must be made available in public for you and the company to be taken seriously..
Publish all Inteca's info including the directors names or I suggest to everyone here.... Don't get involved with them.
jrzeygirl
09-01-05, 10:18 PM
jrzeygirl
The information you don't want to publish must be made available in public for you and the company to be taken seriously..
Publish all Inteca's info including the directors names or I suggest to everyone here.... Don't get involved with them.
Let me see what I can find out.
gee you guys are hard on jrzeygirl, even if you are not 100% convinced about segpay you must be impressed by jrzeygirl :)
Yo Joe, where are my 10 galleries to promote your site? :)
JT... 3 done and I've been thinking what else to add.. So far one solo, one g/g and one b/g
How are you with fetish and soft pics like nylons etc.
I keep meaning to do the rest for you but I have a head like a sieve.. Sorry
Hit me up on ICQ if they're ok and I'll knock a few more out tonight :)
any are fine, if they are not ones Ive had before. It doesnt matter what they are :)
jrzeygirl
Great post you just made, but no names... That is what HF wanted I think :) Provide names that a background check can be done on please ?
If it's non profit making how does it stay alive ?
precisely. not looking for their personal details, just those that are jotted down and can be looked up by everyone anyway. heck, any Ltd. has to publish these details.
You don't need to be an owner to register a domain.
correct, it still throws an interesting light on things, wouldn't you say?
precisely. not looking for their personal details, just those that are jotted down and can be looked up by everyone anyway. heck, any Ltd. has to publish these details.
Unless you're trying to hide them.
NumptyNuts
09-01-05, 11:10 PM
I checked companies house this morning and a few other sources, the companies they state to be affiliated with in the UK are showing as dormant.
As for being in the EU - just cause you have an address and rep here does not make you an EU bank.
As for iBill their software is still being used, can be used just dont let them process your cards. ;)
OK.. We are now to be known here as the Sherlock Holmes collective. I wonder if those wm's over the pond or anywhere else in the world would be as tough as us to crack... LOL
Is Pauls post the Ace serve for game, set and match I wonder...
NumptyNuts
09-02-05, 01:04 AM
no surely not
Paul
Your serve looks as if it was in.. You must surely believe it... LOL
The replies from Inteca have slowed right down..
Respect to all you peeps that posted questions and concerns on this one.
It makes one feel proud to be British!
:bobby:
Unless you're trying to hide them.
true enough.
i just re-read the statement, now i wonder what industry the small group of industry professionals are professionals in.
also this part makes one wonder: Inteca is led by a small group of industry professionals
led. not owned then, i presume.
No more news on this then?
jrzeygirl
09-28-05, 02:32 PM
No more news on this then?
Hey SGS
Glad to see you haven't forgotten about me/Segpay. I'm still working on getting you the information you (as well as everyone else) requested.
As soon as I get it - I'll post it.
Cheers!!
Ummm
Sorry to be sceptical but...
The original post was on 1st Sep. The last post was made on 2nd...Today is 28th !!!
Why has it taken so long to publish the information.. ???? A simple question or two were asked and points made. Anyone who had nothing to hide would have been able to answer immediately.
Don't rock the boat mate, there busy thinking up a clever story. :)
-N
Don't rock the boat mate, there busy thinking up a clever story. :)
-N
:lmao2:
If the word "IBill" is used I would stay clear of them till they have a decent track record ...
How will they get a decent track record if no on gives them a go?
jrzeygirl
09-28-05, 05:49 PM
How will they get a decent track record if no on gives them a go?
THANKS Geezer.
As I've mentioned many times before - The only connection between Segpay and iBill is a few of their employees. I can understand you all being skeptical but I'm not looking to hide anything. I'm not busy thinking up a clever story either. I'm waiting on the facts. As soon as I have them, I'll post them.
Cheers!!
THANKS Geezer.
As I've mentioned many times before - The only connection between Segpay and iBill is a few of their employees. I can understand you all being skeptical but I'm not looking to hide anything. I'm not busy thinking up a clever story either. I'm waiting on the facts. As soon as I have them, I'll post them.
Cheers!!
if you are still waiting on the facts (and god almighty, you do need to improve your internal communication paths if that is true), what were you feeding us before then?
http://www.beerandbollocks.com/forum/showpost.php?p=12758&postcount=35
Good Idea….
Inteca is led by a small group of industry professionals who all share a common vision of providing leadership and assistance to e-commerce merchants through partnerships with commercial enterprises, other non-profit organizations and governmental bodies world wide.
Please note to everyone I’ve been corresponding with the past 2 days - I appreciate all of your feedback. As previously mentioned - over time Segpay will prove to be a solid EU processor and I look forward to the opportunity to work with you all.
Ciao!
did you not really know anything about he owners, was your claim based on a fortune cookie?
jrzeygirl
09-28-05, 09:42 PM
if you are still waiting on the facts (and god almighty, you do need to improve your internal communication paths if that is true), what were you feeding us before then?
Did you not really know anything about he owners, was your claim based on a fortune cookie?
Sorry for the delay in getting back to you on this. Hopefully this information will clarify the Inteca/Segpay topic for all of you.
Inteca (International Electronic Commerce Association) is a non-profit organization that was organized by Chris Williams and several other professionals back in 1999. The goal of the organization was to further the expansion International e-commerce. Many of you have asked who else is behind Inteca. The organization had been somewhat dormant up until January 2005 when Inteca stepped in to help release funds that were being held by the European bank for iBill sponsored merchants. In total, Inteca helped release over $16M of funds that were owed to iBill sponsored merchants. Inteca continues to work with iBill sponsored merchants that have yet to claim funds. Chris Williams does have a financial interest in SegPay and has always communicated this on the Inteca website and to their members. Based on the success of the "escrow” arrangement facilitated by Inteca, Chris and many others believed that there was room for a new solid EU processor that would be successful based on the Inteca premise that all client funds are held by the bank in escrow and released to the client on the day of payout. In this model, the IPSP (3rd party biller), is not compensated for fees until the client is.
Regarding who else is in involved in Inteca, there are several professionals outside of the Adult Industry that participate in the organization. There are really two reasons why I have yet to publish these names.
The first, as previously announced to Inteca members by Chris Williams, Inteca is in the middle of litigation with iBill. Chris Williams previously announced this on the Inteca website. Until this litigation is behind Inteca, they have chosen to not communicate the other organizational members. Inteca and iBill are in the final stages and Inteca plans to republish its members list once this is resolved.
The second, and really the most prominent reason, when Inteca was first introduced to the adult industry boards, some of the board participants were not the most professional. There was a concern that professional outside of the industry that sit on the board of Inteca would be contacted in not the most tactful manner. The boards can be a pretty tough place so imagine some of this getting to banking, financial, and legal professionals that aren't so familiar with our industry and practices.
Within the next few weeks, there will be an update to the Inteca website that further focuses on the Inteca services (currency conversion, VAT collection, compliance monitoring) and will also list the members of Inteca.
I hope that everyone can understand where we are coming from. Our history will prove itself over time. Segpay IS a solid EU processor. If you’re interested in giving Segpay a try, please don’t hesitate to contact me directly via ICQ at 241-012-785
THANKS
Cheers!!
i think you could earn a load of points on the plus side here (http://www.beerandbollocks.com/forum/showthread.php?t=1372)
jrzeygirl
09-28-05, 10:00 PM
i think you could earn a load of points on the plus side here (http://www.beerandbollocks.com/forum/showthread.php?t=1372)
THANKS HF. The I suggest the points start flowing. (No pun intended)
Segpay CAN process for this type of content. www.newvirgineveryday.com is already using us.
Cheers!!
Second page I hit I see: "Online set-up and customization. Mange your account any time, any day" I wonder how many more there are?
Never feels me with confidence when I see things like that, it might be something trivial but it's all about professionalism.
jrzeygirl
09-29-05, 02:15 PM
Second page I hit I see: "Online set-up and customization. Mange your account any time, any day" I wonder how many more there are?
Never feels me with confidence when I see things like that, it might be something trivial but it's all about professionalism.
Geezer -
I can understand your concerns/doubts and skepticism. Only time will tell. I can’t hurt to give Segpay a try.
Cheers!!
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