Quote:
Originally Posted by alf6300
So my baker is a parasite because he puts himself between me, the bread eater, and the honest peasant who produces flour?
In an economy mostly based on commerce and services, you could label anyone as a parasite, by following this logic...
(note that I am not affiliated with any payment processor, just stating an fact of life and economy)
|
I wish it were that simple.... a baker would not in my opinion be a parasite because he in fact produces a product...ie baked goods for a consumer
Also you would expect a baker to be able to collect the payment from his consumers or customers at a "point of sale transaction" for his/her self.....
HOWEVER
If the baker could not collect payment directly from his customer, and had to rely upon a "3rd party cashier company to collect his funds from his baked goods, then hold his funds for a few weeks, then collect their fees for collecting funds...that makes that company a parasite.
Welcome to the board but that was not such a good analogy when we are talking about "money changers" as parasites hope you see the relevance
think practically and critically about the concept of us merchants paying someone a hefty fee to "count, collect,and disperse our funds to us..when they by concept should be no where in the equation.
there are producers of goods, and consumers of goods, if we are the producers, and the customers want our goods, wouldn't it be prudent to develope a method of collecting and VERIFYING OUR OWN SALES without having to "trust" and believe what we see as credited sales inside of admin?
See if you understand banking, and think like a banker...it really is a complex con.
Throughout history banks have single handedly ruined nations and countries. By concept they place them selves in a win win position.
thats why the most profund statement ever made by the worlds most notorious banker was in fact this....
"give me control over a nations money, and I care not who governs its affairs"
Now translate that into the realm of online credit card processing...
Give me and my company complete control over collecting funds and we don't care what kind of site, what kind of niche, what kind of customers....just let us collect the money for you and charge you 15-20%.
Oh and if thats not enough...we will tell you how many sales you did today, as opposed to offering you real time access to your surfers actions while they are on our servers!
Seriously we are going to have to re examine this set up, or we will go round and round with these processing companies taking pages out of each others play books taking our money and disappearing into the darkness never to be seen or heard from again.
It will not end on its own.
Remember do not think like the semi honest or honest webmaster you are...try thinking like a banker....
when you think like a banker you try and figure out ways to turn that 4.9% processing rate into 10.5%
Then 10.5% into 15%
Now lets see if we can skim 5% for reserve, hmmm... maybe write a little skip/shave function in the code and skim off another 5%
Absolute power corrupts absolutely and trust its no different when those are entrutsted with collecting your funds with little to no oversight or accountability....
what do we expect to happen over and over again??