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Old 07-09-2010, 03:26 PM   #44
ardeegee
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Quote:
Originally Posted by pricecw View Post
And that is fine, the point I was making still stands, he is writing off customers, but if he is willing to do that, then no harm no foul. From my side, I just won't read the books (no big deal), and on his side, his potential market is smaller (his call to decide if it is a concern).
Like I said, I don't know the hassle and expense to get an account with a credit card company to get an account for accepting "real" credit cards-- I just know that there is some non-trivial barrier to entry, and is in fact one of the main reasons Paypal was created (I've been using it since it was called X.com.) And I don't know how many potential buyers there are that are willing to use "real" credit cards on-line but not Paypal. It might be a bad business decision for him to not accept credit cards for all I know-- or it might be on the wrong side of the law of diminishing returns.
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