Amazon.com, Inc. (AMZN) Message Board

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Technology Stocks : Amazon.com, Inc. (AMZN)

AMZN 231.14

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To: Glenn D. Rudolph who wrote (17871)	9/22/1998 10:33:00 PM
From: e. boolean	Read Replies (1) of 164684

Glenn - I do not understand the things I have heard about Bezos having stumbled on some previously unexploited retailing goldmine because he gets paid before he needs to pay his supplier. Don't all retailers operating this way need to 1. pay a premium for the credit card sales, and 2. pay a premium to their distributors for carrying the inventory for them? Other questions: How long does it take a credit card company to pay you after you submit a charge? I understand they have 60 days to reverse the payment to you if the customer challenges it under Regulation Z? Thanks, e.b.

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