Re: Digicash will not fly (not)
17 Dec
2003
17 Dec
'03
11:17 p.m.
What sort of charges do Visa/Mastercard impose upon merchants? I thought it was 3%; if so, I would suspect that this is the level of "off-the-top" skim that the market will sustain, and DigiCash should probably use a similar rate.
-- Mike Gebis gebis@ecn.purdue.edu Corporate Operating Systems Still Suck
Pricing is usally set so it includes the 3%. Cash prices are usually by agreement the same as credit card. Will Digicash be an extra %age or will the credit card agreements be changed Else it is 3% plus digicash for those goods that offer the credit card option
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Dave Farber