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Technology Stocks : CyberCash a buy? -- Ignore unavailable to you. Want to Upgrade?


To: john shoemaker who wrote (941)4/14/1998 9:26:00 AM
From: TLindt  Read Replies (2) | Respond to of 3990
 
John last we were chatting you brought up how much for a transaction, remember?

Well it is in the company web site. Here is the fee structure for a merchant setting up an online store to accept payments from shoppers using Credit Cards....this is only one payment method. I'm sure if the merchant wanted to also accept the payNow(I think) they could draw cash from the shoppers checking account vs credit card, but that looks to be a seperate software module....speculating on my part.

207.155.124.233

The $275 Application fee (one time) is something as I understand it they were not charging until this quarter.

Example: If they put an additional 3000 merchants up this Q we could expect $825,000 in fees....so the question to you is how many did they put up last quarter as new?

And in addition how many merchants do they have now which are paying $25 a month minimum, $75 a Quarter?

With these answers we might be better able to predict minumum transactional revenues for the comming quarter...no?



To: john shoemaker who wrote (941)4/14/1998 8:17:00 PM
From: jabbo  Read Replies (1) | Respond to of 3990
 
Sorry for the delay in answering, I am still on the trial period with techstocks and only allowed to make three postings.

The comment is in regards to the opportunities that micropayments systems such as Cybercash may present to financial institutions that want to promote products to the masses (below the middle class), that may want to start with a minimum savings accounts of at least $50.00. The logistics by traditional means is too expensive and cumbersome, but if they could apply the process using an automated micropayment system a new mass market would open. Have you heard about the micro-lending concept?