February Newsletter for iBill Clients
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Web 900 Dialer Phase I
As part of iBill’s continuing international expansion, the company has partnered with two industry leading service providers, KPN’s SwitchPoint and Coulomb’s NetDialer, to implement Phase I of its Web 900 Dialer service. Using the new service, customers can download dialer plug-in software to have their charges appear on their telephone bill without having to make a 900 call. Charges on the client’s website will appear and bill in local currencies, i.e., Euro, Sterlings. Clients will be paid in U.S. Dollars. The payout cycle is 45 days after the transaction. For Phase I, iBill will offer a per-minute dialer application in Germany, The Netherlands, Belgium and the UK. KPN and Coulomb also offer access to countries in Asia and South America. iBill anticipates the development of additional partnerships within those geographic regions to offer improved rates and service.
Phase II of the Web 900 Dialer will incorporate a “drop charge” feature, which is a pay-per-call charge rather than a per-minute charge. This phase will launch in Q1 2002.
*** We are actively seeking beta clients for the Web 900 Dialer. Please contact John B (johnb@ibill.com ) for details. ****
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Partner Program
iBill is pleased to announce its new partnership with the International Webmasters Association (IWA). Under the agreement, iBill’s services will be promoted to IWA’s vast international membership network. Founded in 1996, IWA is the first and largest association for web professionals serving the industry by providing online learning and Internet certification. IWA's programs provide support to more than 100 official chapters representing over 150,000 individual members in 116 countries. IWA's accomplishments include the industry's first guidelines for ethical and professional standards, Certified Web Professional (CWP), online training classes, specialized employment resources, and expert technical assistance to individuals and businesses worldwide.
To learn more about IWA, please visit their website at:
http://www.iwanet.org
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Payout for 2002
Many of you might be wondering when the payouts for iBill Complete Service will take place. Well, to make it easier for you, we are providing a quick summary of the payout schedule for each iBill Complete product. Keep in mind that if a payout day falls on a weekend or holiday, iBill will payout the very next business day that follows.
iBill Complete Credit Card and Online Checks
This service is paid out twice a month on the 1st and 15th of each month. On the 1st, iBill pays out for the sales made during the 1st - 15th of the previous month. On the 15th, iBill pays out for the sales made during the 16th to the end of the month for the previous month.
Example:
o March 1st Payout - covers sales for February 1 - 15.
o March 15th Payout - covers sales for February 16 - 28.
iBill Complete Telephone Billing
For our telephone billing payment option, our collection cycle is once a month on the 27th. Payments for these transactions are issued on or about the 15th of the next following month.
Example:
o March 15th Payout - covers sales for Dec 28 - Jan 27
iBill Complete Catalog
This service is paid out once a month on the 26th of each month. The payout covers sales for the previous month.
Example:
o March 26th Payout - covers sales for Feb 1 - 28
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