Press Release Summary = In an unexpected and stunning development,
on March 23, 2006, StormPay.com stopped accepting all Internet payments.
The only exception to this sudden change are payments originating
from one of it\'s own auction
pages. This dramatic reversal came with absolutely no warning,
and was made immediately effective.
Press Release Body = In an unexpected and stunning development,
on March 23, 2006, StormPay.com stopped accepting all Internet payments.
The only exception to this sudden change are payments originating
from one of it\'s own auction pages.
This dramatic reversal came with absolutely no warning, and was
made immediately effective as of the date of its online note to
its sellers and vendors on March 23, 2006.
dBizWhiz.com received absolutely no advance warning that StormPay
was considering such a move, and is not aware of any other sellers
or vendors who likewise received any advance warning from them.
The change of policy itself is a significant change in the operations
of this company and does bear some inquiry into the real reasons
behind such an important reversal.
However, for those online sellers who received no advance warning
of this withdrawal from the market, this stunning development left
many businesses scrambling to replace their payment-service
provider!
In addition to providing no advance warning of their intent to suddenly
withdrawal their online
payment services, StormPay provided no individual notification
to its sellers, neither by e-mail, nor standard mail.
dBizWhiz.com\' and/or its sister companies received received absolutely
nothing in writing from StormPay, and only accidentally discovered
that all their payment links had been disabled purely by accident!
Companies do, and are entitled to make corporate
policy decisions ad nauseam.
The serious issues of concern relate to the manner and function
of how this significant policy change was executed by this company.
It is possibly all too easy to simply ascribe actions such as these
as \"corporate arrogance.\" However, to the seasoned business professional,
the context of policy reversal combined with the manner of execution,
suggests that dBizWhiz.com should inform its visitors and readers
of this development.
The rather weak reason provided by StormPay for their change of
policy adds fuel to the concerns regarding the need for further
evaluation.
A full copy of the StormPay Notice dated March 23, 2006 may be found
at dBizWhiz.com\'s website http://www.dbizwhiz.com
Web Site = http://www.dbizwhiz.com
Contact Details = Alan Jacobson
P.O. Box 251073
Plano , 75025-1073
$$country
2009
