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To: steve who wrote (7099)3/12/1998 1:54:00 PM
From: Hockeyfan  Respond to of 26039
 
What you are looking for.

I posted the link to show that there is yet another approach to facilitating internet commerce on a web page storefront platform and to give an indication of the cost of each transaction.

>>The cost of the service is 7.5% and 65 cents per transaction. The online Real-Time billing solution, called MOL Turnkey Solution, delivers transaction management capabilities to Web administrators. "It is the lowest price in the industry", the company said. <<

7.5% seems like a very large amount to pay. I was under the impression that VISA charges around 3% for standard transactions. Is the extra 4.5% to compensate for the risk of loss caused by crooks with stolen card numbers?