Re: NetCash anyone?
My general rule has never failed me so far.... Dont even look at a new processor til they've been around at least a year. IF they make it that far, you can generally get a take of what they're all about, who is backing them, any rumblings about cash flow, merchant accounts, etc.
Unfortunately even those who have managed to make it past the year mark in recent years have all looked to be in it for the quick burn. Get what you can, ride your merchant accounts into the ground, that seems to be the prevailing mentality. No one thinking long term business models. Is it possible for a new iPSP to come along and be a long term player at this point? Dont know, but it certainly seems that way.
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