One of the earliest shareware payment processors Kagi in Berkeley, CA, announced it is has ceased operations effective yesterday, July 31, 2016. As a supplier I received an email shortly before midnight last night stating final account data will be distributed by August 20. Monies are with a third-party. There is little further information other than apologies and a hint of problems with fraud by a supplier.
I used Kagi myself for ten years or so. I’m sorry to see them go. Does anyone have any more information on what happened?