Carlos E. R. wrote:
The Monday 2007-03-26 at 08:59 +0100, G.T.Smith wrote:
By the way... I know of at least one e-commerce institution that does not accept credit card payment from Internet. It has to be bank transfer, or postal payment on arrival (which is more expensive). I wonder why.
Probably means that they do not have, or unable to get a credit card trader account, which apparently can be expensive to set up and maintain.
No, not that. The accept credit card for business accounts they know previously, but never from private people.
As credit card transactions usually incur a charge (either directly or indirectly) for the recipient, which is why in the UK some smaller shops shops and businesses set a minimum transaction limit, below which they either decline the transaction, or apply a processing charge. Suspect the same applies elsewhere... It makes sense for a business to keep the regular customers happy.
Ie, they do it on purpose.