Re: Is it just me?
On Thu, 21 Jul 2005 18:08:23 -0500, jim schulman
>Barry's right in general that transaction costs are severely limiting
>ecommerce. For instance, if newspapers and other infomation suppliers
>could charge a few pennies per page read, and not have to pay dollars
>to process the transaction, they could make money without having to be
>"sponsored by advertising some other branch of their" conglomerates.
>It would radically decentralize the publishing industry and change the
>mass media for the better.
we were considering going to the credit card style gift certificates
that are all the rage right now, but with the transaction fees it
would have been nuts ($.25/swipe). we've had folks who have really
dived in to the "cashless economy" and want to do stupid things like
buy a $.35 cookie with a debit card. i might as well just give stuff
away than take credit/debit cards for small purchases. transaction
fees should be a pass-through, then folks will think a moment before
plunking down plastic instead of paper. okay, maybe not.
fwiw, about 25% of our sales are done on plastic. insane.
--barry "CASH CASH CASH!"
- Re: Applestore Buggeration
... > transaction with VAT, putting my credit card company onto high alert as ... Apple Store site told me my credit card had been refused. ...
- Re: Great SWT Program
... charitable or governmental organization, ... users and b) whatever it claims is its business model for making ... and Visa) and a field for inputting a "credit card number" on ... transaction, though at least it wouldn't require credit. ...
- Re: Sending Money Internationally
... call them on the phone to finalize the transaction. ... appeal (your credit card folks) should something in fact do go awry. ... transaction fee if you indeed use a credit card for payment. ... eBay fans, PayPal probably rivaled the invention of the wheel. ...
- Re: Google Checkout?
... Google checkout looks and feels more like any other online transaction than PayPal and they don't discourage you from using a credit card. ... Plus, if you have a dispute about a product, you deal with the vendor and your credit card company instead of having to buy "transaction insurance" through paypal and then still end up having your account frozen if you dispute something. ...
- Re: Concurrent Sequential
... When the I/O completion event arrives, ... We assume that there are two types of transactions, a "verify credit" transaction and a "charge some purchase" transaction. ... The input to each transaction consists of a message that consists of a transaction code, a credit card number, an amount and a vendor number. ... The purchase transaction must do sanity checks on the numbers, read the customer record corresponding to the credit card number from the disk, check if he is not over his credit limit, read the vendor record from disk, adjust balances appropriately and write both records back and send a "completed successfully" message back. ...