The online payment management service, BidPay, has announced that they will discontinue services effective December 31. Similar to eBay's Paypal, BidPay has over 4 million users and its payment platform is eBay friendly.
The notice on the BidPay homepage reads:
Effective December 31, 2007, BidPay.com, Inc. will be discontinuing operations. We regret any inconvenience to our users and thank you for your patronage over the years. Please note the following important details about the shutdown. Please plan accordingly.
· Effective IMMEDIATELY, BidPay will no longer accept new BidPay seller account registrations.
· Effective IMMEDIATELY, banner insertions for new auctions will be disabled. That means that any attempts to add “BidPay” as a payment option in auctions will not be effective. Accordingly, you should offer alternative forms of payment.
· Effective 5:00 P.M. PST, December 25, 2007, BidPay will cease accepting payments, and new buyer account registrations will be disabled.
· From January 1, 2008 through 11:59 P.M. PST, January 31, 2008, registered users will have read-only access to their BidPay account
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