[EMAIL PROTECTED] wrote: > On Mon 26 Mar 2007 07:59, G.T.Smith wrote: > >> Probably means that they do not have, or unable to get a credit card >> trader account, which apparently can be expensive to set up and >> maintain. >> > > > - I do not understand the trader account machinery . . . maybe using > PayPal can work good? > > > To clarify, a credit card trader account is a credit account which allows you to accept payments from other credit cards or in some cases debit bank accounts (you need to hire or purchase equipment to process transactions). As banking practices and regulations differ in different parts of the world, exactly what you get and what it is called will vary. Then there are third parties that will process such transactions and transfer any proceeds to a bank account of your choice. These are different to a credit card trader accounts. Both effectively take a slice of the transaction, and may involve a standing charge.
While paypal does perform the latter to some extent; it is limited, a bit dodgy on security, and personally negative thoughts involving 'touching with long barge poles' come to mind. > .................. > > friendly greetings >
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