In responding to another post I went by Greenspun's new book website. I never
finished reading the section
on ecommerce and as I scrolled down I saw the following. Gee, how I
would like to see more of this.
> Getting rich on the Internet isn't cheap. Here's what it cost us to
> get set up with BankBoston plus Cybercash:
>
> $375 to set up a merchant account with BankBoston (plus it will
> cost us another $100 to terminate our account) $40/month to
> BankBoston or 4.8% of the total transactions, whichever is larger
> $595 setup fee to Cybercash $40/month to Cybercash plus 20
> cents/authorization
>
> Compounding the horror of these payments is the fact that we have
> three separate companies with which to deal: BankBoston (our bank),
> First Data (their card processor), CyberCash (our gateway to First
> Data). If there is a problem with our merchant account, we have to
> first figure out whose fault it might be and who might have the
> expertise to fix the problem.
url is
http://photo.net/wtr/thebook/ecommerce.html
Greenspun will mention those things that you have not thought of. I
myself really never considered the cost and complexity that sales tax
could be for a large company.
Peter
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