Digicash will not fly (not)

Dave Farber farber at central.cis.upenn.edu
Mon Oct 30 08:22:32 PST 1995



>
>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 at 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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