Comment on Paypal and Authorize.net: Help End the Credit Card Hostage SituationComments−thinkcomp16yOr just forget about credit cards and use FaceCash!http://www.facecash.com(My startup.)Seriously, the industry has no incentive to change. They make a killing. Merchant contracts are strict and likely forbid alternative standards such as the one being proposed here.−stephen16yAgreed, the industry makes a killing, but you're still charging a percentage.How about a flat $0.25 per transaction?http://dwolla.org/dwollak/questions/16/Advantages
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Or just forget about credit cards and use FaceCash!
http://www.facecash.com
(My startup.)
Seriously, the industry has no incentive to change. They make a killing. Merchant contracts are strict and likely forbid alternative standards such as the one being proposed here.
Agreed, the industry makes a killing, but you're still charging a percentage.
How about a flat $0.25 per transaction?
http://dwolla.org/dwollak/questions/16/Advantages