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Strategies & Market Trends : The Financial Collapse of 2001 Unwinding -- Ignore unavailable to you. Want to Upgrade?


To: Maurice Winn who wrote (2700)7/1/2019 1:48:58 AM
From: Elroy Jetson  Respond to of 13801
 
Something about your story makes no sense, most probably because you're not sharing the abtruse details.

What in god's name do you mean that "verifying a buyer requires turning them loose"? I've never heard a retailer say anything remotely similar to this.

I've used credit cards to purchase paid WiFi and they've all required my home postal code and security code on the back of my card, and I of course assume verified my card against the "blacklist" of stolen credit cards. In the past when I bought WiFi at a hotel, I'm fairly certain they used the hotel's credit verification system by asking for my room number to match with the card I used.

It's the sort of thing which makes me suspect it's not the credit card system which is not fit for purpose, but it's Zenbu which is unfit for some reason because they can't be bothered to electronically verify their customer's cards to qualify for a less costly interchange rate.

Perhaps you're saying that Zebu's WiFi service is so limited and slow that credit verification takes too much of the bandwidth so cannot be accomplished in a timely manner?
.

If Zenbu accepted Google Pay, all of the Google-Pay customer's cards have been pre-verified so Google pays a much lower interchange fee, but Google in turn charge their business customers an extortionate 2.9% fee since Google does all the work. Many WiFi providers offer discounts for customers with a pre-screened account so they can do this themselves, but few customers want to become a member in advance of a vendor with a micro-market share.

This is one of the many advantages Amazon achieves with repeat customers, let alone Amazon Prime members. My Amazon credit card is good for both of us. It gives me 5% cash back on all purchases on Amazons .com .co.uk .de etc as well as at their recently purchased Whole Foods. They're large so rather than complain about high interchange fees, they've taken responsibility for managing more of the risks of fraud from JP Morgan Chase so they qualify for lower fees.



To: Maurice Winn who wrote (2700)7/2/2019 2:37:17 PM
From: Elroy Jetson  Read Replies (2) | Respond to of 13801
 
Boris Johnson backs road between Belfast Northern Ireland and Scotland

The ocean-crossing would be two miles longer than the UK-France Chunnel and is estimated to cost almost triple the £9 billion spent on that link to France.

In an echo of his earlier Brexit campaign Johnson said, "Why should we not take part of the fantastic sum we send-off to the NHS each year and spend it instead on a bridge or tunnel to Belfast?

"Why should Paki Doctors get all the gravy?", Johnson asked rhetorically.

Mr Johnson also told Tory members in Belfast there will 'under no circumstances' be a hard border between the EU and the UK, saying the issue will be resolved in a free trade deal after Brexit. He emphasised, "There will be absolutely no physical checks or infrastructure at the EU border."



Rendering of a previous plan for combined road and rail crossings drawn-up by Alan Dunlop, professor of architecture at Robert Gordon and Liverpool universities



To: Maurice Winn who wrote (2700)7/3/2019 11:49:02 AM
From: elmatador  Respond to of 13801
 
First we kill the distance.

We'll do that comparing telecoms service to electricity service.

There was a time end users of telecoms's services paid for distance. Until distance was killed.

The costs of an electric utility reflects distance. Solar 'On Site' kills distance. Generates power where the end users are.

Traditional electric power is generated far away from where the end users are, there are big costs of what is called T&D, (Transmission and Distribution).

Copper wires that carry electricity plus all the ancillary systems (transformers, switch yards gear and such)

In telecoms, fixed line past, the costs passed to end users reflected the costs of the length of pairs of copper wires, -same as today electricity- and the ancillary systems were called central offices or telephone switches. until wireless killed the distance.

Kill the Distance