Strictpay show how an update should be done…

January 27th, 2010 | Posted in payment processor, strictpay

One of the recurring themes that investors have about virtually all programmes is the poor communication that pervades them.

At last at least one company has set a standard that others should follow. Now I’m not saying that Strictpay has always been a shining beacon in the murky world of programme communications but I do think is that the latest update provides clear answers and reasons as to why the problems they are facing occurred and what they are trying to do about it.

In summary, Strictpay has suffered over the last few months with both deposits and withdrawals where banks were involved. Complications explained in the update show that not everyone in the banking world are fans of companies like Strictpay.

Whilst I don’t think that the company is wholly out of the woods as yet the fact that they are acknowledging the problems is a very positive step in providing transparent communication with its members.

Let’s hope that other companies take to heart the lead being taken by Strictpay and follow suit.