Subject:
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BrickBank ! (was Re: BrickBay Enhancement )
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Newsgroups:
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lugnet.market.services
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Date:
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Fri, 1 Sep 2000 19:10:25 GMT
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Viewed:
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1206 times
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In lugnet.market.services, James Brown writes:
> In lugnet.market.services, Steve Chapple writes:
> >
> > PayPal only works in the USA, so the rest of the LUGrs of the world need
> > a similar service to easily transfer funds to pay for LEGO. If BrickBay
> > were to accept funds by cheque, PayPal, etc. in addition to the "cyberLEGO",
> > things would be greatly simplified. Rather than a shop having to handle
> > dozens of money-orders, etc. from each buyer, one payment could be made
> > at the end of the month from BrickBay to the shop owner. Dan's cut would
> > be a breeze to administer, and buyers could shop in multiple stores and
> > only have to send a single money-order or cheque or cash (or PayPal).
> >
> > Trading would be the best way to use the system. Let's say I buy $10
> > (including postage) worth of parts from each of five different shops on
> > BrickBay, but I also have a shop with some older sets in it, and a few
> > shoppers buy some of my sets totaling $72. A few columns in the spreadsheet
> > are adjusted, and ta-da, everybody's LEGO is paid for, and I've got $20 or
> > so to go and do some more shopping sometime. In the meantime, Dan keeps
> > the interest earned on the left-over funds sitting there, just like PayPal.
> This would be so freakin' cool I'd probably never shop anywhere else for
> parts. The internal logistics would be pretty straightforward to set up,
> unless there's something I'm not seeing. It would (ideally) just be another
> payment option - "This store accepts cheques, money orders and Brickbay
> account transfers."
>
> One problem I can forsee is that it could become a huge drag on Dan's time
> if he had people consistently wanting/needing cheques for $2.95. Maybe a
> minimum amount of (x) before Brickbay will send you a cheque - something
> like $100 or more would keep nickel and dime abuse down.
Very sensible - I believe he already has a $25 minimum where you don't
have to send commission if it's under that, or it's been < 3 months time.
> The other problem that might rear it's ugly head is regulation. I have
> no idea where the fuzzy line between "bank" and "business" is, but I know
> it's there, and I know the rules change completely when you cross it.
Very true - This is where Larry's experience comes in...
> But yeah - if this existed, it would become like Auczilla for me,
> meaning "always have more money in it than I'm using."
Hmmmm - What if AucZilla and BrickBay were merged into "BrickBank"...
Warning: Imagining the possibilities leads to great giddiness. :-)
SRC
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Message has 2 Replies:
 | | Re: BrickBank ! (was Re: BrickBay Enhancement )
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| (...) <imagine> AucZilla and BAYLIT move to BrickBay BrickBay moves to LUGNET BrickBay becomes >the< place to shop for parts and sets eBay traffic declines Pause set db and LDraw parts db tie directly to BrickBay [1] </imagine> Dream well, Andreas (...) (24 years ago, 1-Sep-00, to lugnet.market.services)
| | | Re: BrickBank ! (was Re: BrickBay Enhancement )
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| Folks, I am no expert in financial matters, but in this whole discussion, it might lead into the government, etc. getting into it because you are handling money, exchanging, etc. Do you really want to go down this road. I wonder what Larry would (...) (24 years ago, 1-Sep-00, to lugnet.market.services)
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