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Subject: 
Re: BrickBay Enhancement (was Re: PayPal only in USA?!?)
Newsgroups: 
lugnet.market.services
Date: 
Sat, 2 Sep 2000 16:43:09 GMT
Viewed: 
1238 times
  
In lugnet.market.services, Steve Chapple writes:
<brickBank!>

I like the idea.  Let's say 100 people submit 1 order from each of 100 shops =
10,000 orders (or 10,000 payments being sent back and forth).  Each buyer
sending 100 checks, each seller going to the bank with 100 checks.
If each buyer was to deposit funds into their BrickBank account in advance,
used that to pay for their BrickBay orders and the site would then make a one-
time payment to each seller let's say once a month, that would reduce the
transactions going back and forth from 10,000 to 200.

It's a great idea but not one likely to happen any time soon.  I'll start
considering it more when there is 10 times the amount of traffic on Brickbay
that there is now.  I don't know how many sellers would mind receiving
payments for their orders only once a month but that's the only way it would
have to work.



Message has 1 Reply:
  Re: BrickBay Enhancement (was Re: PayPal only in USA?!?)
 
(...) Exactly - Sending money once to create a positive balance would be MUCH more efficient, and that doesn't even take into account the initail reason I had this idea - conversion to US funds for those of us outside the USA In (...) (24 years ago, 5-Sep-00, to lugnet.market.services)

Message is in Reply To:
  BrickBay Enhancement (was Re: PayPal only in USA?!?)
 
(...) Actually, I was thinking that you and Dan Jezek could combine services, or BrickBay could add "factoring" and act like a bank the way PayPal does. I suggested this to Dan, and that I could post about it and see what people think, and he said (...) (24 years ago, 31-Aug-00, to lugnet.market.services, lugnet.market.buy-sell-trade, lugnet.market.shopping)

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