Credit card sales (was: Re: Brigade Models in US?)

1 posts ยท Jun 17 1999

From: Ground Zero Games <jon@g...>

Date: Thu, 17 Jun 1999 13:53:12 +0100

Subject: Credit card sales (was: Re: Brigade Models in US?)

> Barring a NA source a source that ships overseas and accepts

Unfortunately, this doesn't work. The merchant services companies (the credit
card issuers) are VERY strict about merchants NOT processing card transactions
on behalf of third parties, with the threat of suspension of service for any
who do so. Apparently this is a fairly big area of credit card crime, with
"laundering" of transactions via stolen cards, so they are understandably very
tight on it. They are also extremely careful as to who they provide card
facilities for, all applicants having to produce several years' trading
accounts and references.
On top of the fixed charges that Tony mentions (plus a hefty one-off
"joining fee"), there is also a% charge on every transaction processed, which
the trader has to subsidise out of his profit margin, and with a small
turnover business the rates are much higher (in% terms) than for large
companies.