> You replied to my message, so I assume you're referring to my posts? No, actually it was just the last one I read before replying to the thread. I should have deleted your message in the reply -- sorry for the misunderstanding.
> Like your company, correct? Which is not necessarily a bad thing. Sometimes, > the easiest solution is the best solution. I was referring to back end companies like payment processors and acquiring banks (sometimes two or three different companies are actually the same firm through acquisition, etc). Among other things, we sell merchant accounts that combine the payment processor, gateway, and acquiring bank services as a package (though they still operate separately as I had mentioned). > It would be really helpful if you would post actual information rather than > making specious accusations that allude to your proprietary insight. Wow! That was a mouthful! :) Sometimes I suggest that people call me when I'm really under the gun and a quick conversation would serve better than a long bout of typing. That's all -- I'm not the world's biggest expert, but I have some good insight since I'm a reseller. I didn't mean anything by it, Ben. > It > would also be helpful if you qualified your comments in some way (e.g. are > you stating that this is the case globally or just in the United States?). I didn't know this was asked in the previous threads -- perhaps I missed it. Since the acquiring banks are US-based, I think there might be some issues with foreign destination accounts depending upon the country. I believe these are handled on a case-by-case basis with the risk analysis department of the acquiring bank. Respectfully, Adam Phillip Churvis Member of Team Macromedia http://www.ProductivityEnhancement.com Download Plum and other cool development tools, and get advanced intensive Master-level training: * C# & ASP.NET for ColdFusion Developers * ColdFusion MX Master Class * Advanced Development with CFMX and SQL Server 2000 ----- Original Message ----- From: "Ben Rogers" <[EMAIL PROTECTED]> To: "CF-Talk" <[email protected]> Sent: Friday, February 18, 2005 5:37 PM Subject: RE: SOT - Ecommerce > > There's a lot of incorrect information being tossed about here -- but > > that's understandable because it's a seemingly complicated subject that > > no one ever seems to explain well enough. That's why I created this page > > on our site: > > > > http://www.productivityenhancement.com/services/HowMerchantAccountsReallyW > > ork.cfm > > I came across this page in my research a couple months ago. It's very > useful. Thank you. > > > which still doesn't explain how some parties are comglomerated, what fees > > may be involved, etc. I'll try to expand on this in the coming weeks. > > > > I invite you to read the page I mentioned above, and understand that as > > long as you are using an Internet gateway that you will always be working > > through each of the parties I show in that diagram. It's just that some > > companies may provide more than one service, or may do so through a > > strategic relationship with another company (like a payment processing > > company affiliated with an acquiring bank), so you may not think you're > > dealing with an acquiring bank because "our merchant account handles all > > that," but there is no such valid statement like that to be made. > > Isn't that what I just said, albeit with more qualifications? > > > For example, I know of one company that provides everything you see in > > that diagram under one roof, but that may not necessarily mean they have > > the best fees or that their fees are any less complicated. > > Again, I think this is the argument I was making. > > > In fact, many times the companies you deal with are just fronts for the > > same few companies on the back end. > > > Ben Rogers > http://www.c4.net > v.508.240.0051 > f.508.240.0057 > > > > ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Logware (www.logware.us): a new and convenient web-based time tracking application. Start tracking and documenting hours spent on a project or with a client with Logware today. Try it for free with a 15 day trial account. http://www.houseoffusion.com/banners/view.cfm?bannerid=67 Message: http://www.houseoffusion.com/lists.cfm/link=i:4:195513 Archives: http://www.houseoffusion.com/cf_lists/threads.cfm/4 Subscription: http://www.houseoffusion.com/lists.cfm/link=s:4 Unsubscribe: http://www.houseoffusion.com/cf_lists/unsubscribe.cfm?user=11502.10531.4 Donations & Support: http://www.houseoffusion.com/tiny.cfm/54
