Re: FN-FORUM credit card acceptance

date posted 4th April 2000 19:46

Hi Kif... I thought it may have been you, but couldn't find the original.

I'm curious about this. It seems too easy to do, but no-one's doing it!
There may be some substantial risks of default, perhaps, but it would be
possible to set some limits... even some joint liability if it was properly
set up on some sort of co-operative basis. I don't know. If it looks a goer,
perhaps a bit of market research would help identify any issues. Or maybe we
could try a pilot.

We use our account just to service web payments in non-sterling: I just
asked, and we used it that way perhaps six times this year so far. We quote
and charge in ££, but the client pays in local currency.

Regards

Tony