What Happens When Your Processor Bails? - X Nations
      
      
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Old 07-10-2003, 08:01 PM   #2
Lee
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Another one bites the dust...

Quote:
We regret to inform you that Yambo Financials Ltd. (www.yambo.biz), despite our efforts, will have no choice but to stop processing all credit card transactions on Thursday, July 10, 2003. We were recently informed by our european bank (one of the largest banks in Europe and one of the last that was willing to work with Aggregators and \"IPSP's\") that the Aggregators and IPSP's they work with are being closed due to the pressure and administrative requirements passed down by Visa/MC. By losing this merchant relationship, we have no practical and technical way to maintain our current client database.

We are sorry for all invconveniences this may or may have caused to your business and want to thank you for doing business with our company.
Who's next in line?

Regards,

Lee
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