Is it just me, or is this absolutely diabolic in this day and age that such
a service is so difficult to attain!

On Sun, Aug 8, 2010 at 11:51 PM, Frances Jones
<francesemilyjo...@gmail.com>wrote:

> 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
>>
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-- 
Phil Sim
Chief Executive Officer,
MediaConnect Australia Pty Ltd
www.mediaconnect.com.au
phi...@mediaconnect.com.au
Ph: +61 2 9894 6277
Fax: +61 2 8246 6383
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