from that, I tend to agree with you.
I'm sure Apple has the clout to get a special arrangement.
I haven't delved too much into CC processing, or CC batch processing.
Is it possible that when someone buys the from the iTunes store, Apple
'secures' the money using the CC processor? And then at some point later
they actually grab the money? Possibly...
Back to my day...
At 01:01 PM 8/21/2004, you wrote:
>Subject: OT: Fake online orders--how common are they?
>From: Dick Applebaum <[EMAIL PROTECTED]>
>Date: Sat, 21 Aug 2004 07:22:00 -0700
>Thread:
>http://www.houseoffusion.com/cf_lists/index.cfm/method=messages&threadid=34750&forumid=4#175395
>
>According to what I've read, Apple makes only about 10 cents on each
>song it sells. So, reducing cc processing & transaction fees is very
>important.
>
>I suspect that Apple has special arrangements with the cc processors
>for lower fees because of the high volume, low returns aspect of the
>iTunes Music store.
>
>And, batching approval in this way also benefits the processor as it
>reduces the load on their systems.
>
>I wonder if batching of orders applies to other parts of Apple's site
>(Apple Store, dotMac, Developer connection) where you can purchase
>things.
>
>Apple made a big deal, some months ago, about consolidating all the
>different logins, etc. to a single account for all your Apple
>interaction.
>
>I suspect what they do is immediately process any large order and
>append any pending batch orders.
>
>Dick
--
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