[Elecraft] Elecraft business practices - more info
Lynn W. Taylor, WB6UUT
KX3.2 at ColdRocksHotBrooms.com
Thu Feb 14 13:43:15 EST 2019
... and being in the service provider business, I can tell you that way
too many shopping carts are set up on the assumption that the product
will ship within 24 hours.
The typical developer has never read a merchant credit card agreement,
and doesn't know that many of them state that you do not charge the card
until the merchandise is actually shipped.
The developer doesn't seen a need for split transactions, since no one
ever mentioned that they'd be taking orders for a very expensive product
with an order backlog.
I'm ashamed of what my industry has become.
-- Lynn
On 2/13/2019 8:52 PM, Cliff Frescura wrote:
> Being in the payments industry, I can tell you that most of these policies
> are driven by the card brands (Visa, MasterCard, etc.), certifying bodies
> (PCI, EMVCo) as well as the payment gateways. It is a very complicated
> chain with many rules.
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