Carlos E. R. wrote: > > The Monday 2007-03-26 at 08:59 +0100, G.T.Smith wrote: > > >> By the way... I know of at least one e-commerce institution that > does not > >> accept credit card payment from Internet. It has to be bank > transfer, or > >> postal payment on arrival (which is more expensive). I wonder why. > >> > > 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. > > No, not that. The accept credit card for business accounts they know > previously, but never from private people. As credit card transactions usually incur a charge (either directly or indirectly) for the recipient, which is why in the UK some smaller shops shops and businesses set a minimum transaction limit, below which they either decline the transaction, or apply a processing charge. Suspect the same applies elsewhere...
It makes sense for a business to keep the regular customers happy. > > Ie, they do it on purpose. >
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