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Old 07-29-2004   #5
Mike AI
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Join Date: Oct 2002
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Who is the big winner and big losers for this?

I think big winner is CCBill. They will get a lot of business. Many people had Jettis/Epich as primary/backup - lots of people will be scrambling for back up processing.

There is also a core group of people who do not like dealing with Epoch and have never forgiven them for past problems - they too will flock to CCBill.

The big losers, is the industry in general. Some people are saying this gives Epoch more muscle to negotiate with banks and VISA - this is a good point - but diversity is important as well.

We learned our lesson about putting all of our eggs in one basket when DMR went down, so we always tried to balance our processing. This consolidation hurts those who deal with risk management.
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