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Re: [OT][ADVERT] Advice on on-line payment / shopping basket
provider.
- To: ukha_d@xxxxxxx
- Subject: Re: [OT][ADVERT] Advice on on-line payment / shopping
basket provider.
- From: "the_home_automator <db@xxxxxxx>" <db@xxxxxxx>
- Date: Fri, 03 Jan 2003 20:23:14 -0000
- Mailing-list: list ukha_d@xxxxxxx; contact
ukha_d-owner@xxxxxxx
- Reply-to: ukha_d@xxxxxxx
--- In ukha_d@xxxxxxx, Calum Morrell <calum@d...> wrote:
> sorry dood but it's absolutely bullshit that you need to gain the
> merchant a/c with the same bank as your normal a/c. There is no
such
> impostition by the majority of banks and is very common to use
someone
> else for merchant services than your primary bank.
Calum (dood)
I absolutely agree that it is bullshit that that you need a merchant
account with the same bank as your primary bank. You can have your
merchant acount with any card merchant you wish.
I'm glad that isnt what I said.
What I did say was that not all UK banks who are willing to process
credit cards will process them for anyone who is not an account
holder with them. What I probably should have added is "in the
specific context of internet transactions". For example, NatWest
bought a chunk of WorldPay a few years back (27m quid IIRC) and
instantly became disintrested in any other internet based credit card
processing mechanisms.
I've heard their line has softened a bit, if there is enough volume
involved.
Also, I should probably add a disclaimer that I may be a bit out of
date as it is a couple years since I was (heavily) involved in this
businesss, but I suspect not, given the way these institutions
work.
David.
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