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Article #708

Re: 4MB $49 8MB $97 16MB $229

#708
From: Bryon Sutherland
Date: Fri, 12 Apr 1996 00:00
28 lines
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Jim <jstrohm@texas.net> writes:

>The "higher prices" associated with credit cards include the merchant 
>account monthly fee, which is negotiable down to $zero, and the fee
>per charge, which is typically below 2 % if you shop for a merchant
>account.  That's not very much money, and is way less than the 3%
>charge many vendors try to stick you with.

"preferred" customers can get rates below 3%, that usually means you have 
a long history of business and a store front.

>Since it's easier to get a merchant account than it is to get a credit 
>card, what does that tell you about the creditworthiness of vendors
>who can't take plastic?

This is simply not true.  Since I run an internet business out of my 
house and have been doing so for just about a year, a couple of companies 
are willing to take a chance on my *IF* I put up a $5,000 depost to cover 
any problems.  I have fantastic credit, a couple of cards with over 
$10,000 limits.  I have seriously considered getting setup for credit 
cards, but thus far the huge deposit (because many of my sale are large) 
and the % charge have convinced me not to.

-- 

   		       http://www.master.net/bryon/

			  It's a brave new web
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From: bryon@jove.acs.unt.edu (Bryon Sutherland)
Subject: Re: 4MB $49 8MB $97 16MB $229
Date: 1996/04/12
Message-ID: <4kmnpr$m71@hermes.acs.unt.edu>
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organization: University of North Texas
newsgroups: misc.forsale.computers.memory,houston.forsale,alt.sys.pc-clone.dell,ny.forsale,az.forsale,nj.forsale,alt.forsale,austin.forsale,balt.forsale,alt.sys.pc-clone.micron,alt.sys.pc-clone.gateway2000,alt.sys.pc-clone.zeos,alt.sys.pc-clone.acer