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RE: ukha_d payments
- To: <ukha_d@xxxxxxx>
- Subject: RE: ukha_d payments
- From: "Des Gibbons" <des@xxxxxxx>
- Date: Tue, 22 Jan 2002 23:19:34 -0000
- Delivered-to: mailing list ukha_d@xxxxxxx
- Mailing-list: list ukha_d@xxxxxxx; contact
ukha_d-owner@xxxxxxx
- Reply-to: ukha_d@xxxxxxx
They obviously make the money by having people
> sitting with
> funds in their account until they want to buy something so as to save
the
> 99p charge. Clever really.
Actually, they make major money on both. I am sure they would have millions
on deposit which they would be able to get a prefferetnial rolling rate on,
plus as each 99p transaction only costs them less than 20p, their margins
look healthy enough for me :)
I havn't had a 99p charge yet, so they are only making money on the
interest
on my balance. More than welcome to it they are :)
I used paypal before, but they charge rediculous amounts, if you sell
something for £100, by the time you eventually get the cash, it would be
down to around £90.
Des
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