Subject:
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Re: End of factoring?
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Newsgroups:
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lugnet.market.services
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Date:
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Thu, 2 Nov 2000 14:59:43 GMT
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Reply-To:
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Rob Doucette <lugnet@*IHateSpam*doucettenet.com>
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Viewed:
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1958 times
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Maybe not...
Assume that:
1. International accounts can only fund transactions with a credit card (or
debit card which for the sake of this discussion is the same as a credit
card).
2. All personal account holders have a limit on the amount of funds they
can receive in a given time period from CC funded accounts (hence all
international accounts).
I see the need for a factoring individual in the US (room for many?) with a
business account who is willing to act as a PayPal intermediary. The
mechanism would need to work similar to Larry's system today: Account for
and assign all fees involved to either buyer, seller, some combination of
both, as well as a nuisance fee for the intermediary.
What say ye...
--
-Rob.
=============================
New sets and parts for sale or trade:
http://www.doucettenet.com/lego/
http://www.brickbay.com/store.asp?p=doucette
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Message is in Reply To:
 | | End of factoring?
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| PayPal has announced they have went international. Pending an understanding of what exactly that means, it could be (yaaaay!) the end of factoring. Please stay tuned for details. Meanwhile, I would remind anyone who hasn't joined, that I (and some (...) (24 years ago, 2-Nov-00, to lugnet.market.services)
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