Quote:
Originally posted by LegendaryLars
I am sure there are many mainstreame companies that charge $5 recuring for somehting.. lots of places allow you to charge just $5 for a soda and some chips or gas or whatever so I think they will still take it. even if its not as profitable as a $40 sale
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I couldn't help but look one more time.
The examples you've given are not high risk and don't have chargebacks to factor into their model at the rate that adult does.
Visa/MC rules prohibit disallowing a sale due to small dollar amount right now, but remember that Visa and MC are simply associations with board members from different banks that either issue or acquire. Acquiring has been strongly represented for a long time on all boards but issuing isn't the red headed stepchild either.
It's entirely possible that they could charge more for low dollar transactions, processing banks could refuse to accept 5967 in low dollar amounts due to incessant chargeback history, you name it.
I'm not by any means saying it's goign to happen, I am suggesting you consider it as an argument.
Night sweets
