Thanks for the info on 123Bill. As I know little about it I really can't say much or offer any comments other than just a couple of thoughts. I did go to the site and read how it works and it seems plausible. The major problem I see is that since it's fairly new I'm guessing that the majority of the web surfers are not familiar with it, and as with anything new, it will take some time for surfers to gain confidence in it and begin to use it with enough frequency to replace the standard VISA/MC.

It appears to be certainly something to consider as an alternative method or collecting payment, but not as an replacement for accepting credit cards online. For those companies who are getting cancelled within the next 30 to 40 days I would think their best bet would be to try to find an alternative merchant account and then perhaps start using 123Bill and try to get their customers to use that alternative.

Also, Costco has been mentioned as a possibility for a merchant account. Be careful with them. I am aware of a situation where they just summarily cancelled a site and it had nothing to do with chargebacks....simply cancelled them with only 3 days notice because they were an adult site.

Thanks for the responses guys,

Bill