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

To: PeterR1700 who wrote (1581)	6/15/1998 9:14:00 PM
From: Robert A. Green, CPA	Read Replies (1) \| Respond to of 3990

CyberCash is no longer the leader in my view as a consumer of their service. I picked AuthorizeNet.com instead for credit card processing at our Web site greencompany.com (we sell Trader Tax Guides). CyberCash requires a lot more work to implement with CGI script etc. I was told by credit card processor merchants (CardService and Humboldt Bank) that they are adding a monthly gateway fee of around $40+ per month. AuthorizeNet charges less than that. CyberCash does not offer autoclose, AuthorizeNet does. CyberCash does not offer a virtual terminal, AuthorizeNet does. In 12 months, AuthorizeNet has surpassed CyberCash in clientelle (I heard). AuthorizeNet is owned by Net Solutions, Inc., the domain registry company. CyberCash has lost their edge and that probably accounts for the market drop.

To: PeterR1700 who wrote (1581)	6/16/1998 12:20:00 AM
From: Mike Fredericks	Read Replies (1) \| Respond to of 3990

P.S. What about the cost differential you spoke of? I mentioned that in my last e-mail to Mr. Morris. I'm not too concerned about the $995 up front vs. $50/month for 48 months. Wells Fargo required something like $300 up front and $30/month... each company seems to have their own pricing for the set-up costs. The differential that I'm curious about is the extra 1/4% and .10 per transaction. I'm guessing that this is the cut that goes to CYCH, but I'm not sure and I am awaiting clarification. I'll keep you all posted on what I hear. -Mike