Yes I'm interested too. If there was a get-together to talk about this issue, I'd come along.
Frances http://twitter.com/franciejones On Sun, Aug 8, 2010 at 7:59 AM, Geoff McQueen - Hiive Systems < geoff.mcqu...@hiivesystems.com> wrote: > Kev, > > Do you mind sharing the cost-structure, etc with the NAB deal? I've heard > they have ask to hold back a significant amount - 5 figures - to cover > themselves against charge-back risk, and that the % they charge on the > transactions is also pretty rough. > > I'd love to know myself, but I've filled in the online form at NAB, and > also called the merchant sales team (having been promised a call back in 3 > days), but that is getting on two months ago now. Shameful really. > > Any light you can shed would be appreciated... > > Geoff > > -----Original Message----- > From: silicon-beach-australia@googlegroups.com [mailto: > silicon-beach-austra...@googlegroups.com] On Behalf Of Kev > Sent: Sunday, 8 August 2010 2:13 AM > To: Silicon Beach Australia > Subject: [SiliconBeach] Re: Accepting USD Payments on Australian Business > Website > > Sorry to dig up an old thread but wanted to share our experience. > > With one of our products it is primarily subscription based and > targeted at the US market in large part. We too went exploring all the > options and came to similar conclusions as you folk with respect to > options. We went down the NAB route and it was a bit of a hard slog > getting it through - literally took about 3 months - but the good news > is once it was set-up all has been running well, with acceptance of > $US Visa, Mastercard and Amex (set up separately). A barrier to > selling to the international markets that obviously is not faced in > the USA. It is a shame there is not more competition in this area. > > It is not only the tech area that suffers. I have a friend who has a > fashion business and buys and sells in Australia and in the Far East - > she is constantly struggling with payment options and often resorts to > just dealing in cash!!! > > There really is a general opportunity for an AU bank to be start-up > friendly and aware - with provision of relevant products - they sure > would win my business. > > Kevin > > -- > You received this message because you are subscribed to the Silicon Beach > Australia mailing list. > > Guidelines on discussion: http://tr.im/ujKF > > No lurkers! It is expected that you introduce yourself: http://tr.im/ujMm > > To post to this group, send email to > silicon-beach-australia@googlegroups.com > To unsubscribe from this group, send email to > silicon-beach-australia+unsubscr...@googlegroups.com<silicon-beach-australia%2bunsubscr...@googlegroups.com> > For more options, visit this group at > http://groups.google.com/group/silicon-beach-australia?hl=en?hl=en > > -- > You received this message because you are subscribed to the Silicon Beach > Australia mailing list. > > Guidelines on discussion: http://tr.im/ujKF > > No lurkers! It is expected that you introduce yourself: http://tr.im/ujMm > > To post to this group, send email to > silicon-beach-australia@googlegroups.com > To unsubscribe from this group, send email to > silicon-beach-australia+unsubscr...@googlegroups.com<silicon-beach-australia%2bunsubscr...@googlegroups.com> > For more options, visit this group at > http://groups.google.com/group/silicon-beach-australia?hl=en?hl=en > -- You received this message because you are subscribed to the Silicon Beach Australia mailing list. Guidelines on discussion: http://tr.im/ujKF No lurkers! It is expected that you introduce yourself: http://tr.im/ujMm To post to this group, send email to silicon-beach-australia@googlegroups.com To unsubscribe from this group, send email to silicon-beach-australia+unsubscr...@googlegroups.com For more options, visit this group at http://groups.google.com/group/silicon-beach-australia?hl=en?hl=en