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I would love to be able to do something like that -- grabbing their credit card details and only charging them if they run afoul of the rules -- but I haven't f

by jawns 16y ago

I would love to be able to do something like that -- grabbing their credit card details and only charging them if they run afoul of the rules -- but I haven't found a credit card processing service that would give me that flexibility. The only problem, I guess, is what if you have someone who has a dozen credit cards. Or, more problematic, what if their credit card company offers "throwaway" credit card numbers (as mine does) that you can use for one-of purchases? That would give them unlimited attempts to game the system.

lionheart 16y ago
It would still be useful, even if 100% free. Its the hurdle or having to keep setting up accounts with different credit cards. And the very strong psychological aspect of having to fork over some real, identifying information to a website in order to comment. I think this would really make people behave much better. Its a good idea. I'd encourage you to look into it more.
- ahizzle 16y ago
  Agree that you should pursue this one harder... You have a nice "inside track" by already being in the industry... and it's quite likely that you're very passionate about this topic, which will come through once you... ...Consolidate your pitch to more tightly communicate the opportunity, the problem in solving the opportunity, and how your product fixes that problem. (Preferably in a way that works better than existing solutions/semi-solutions. ;) Remember, you've got to put your salesman hat on when making your case for a product like this. What was the principle objection your potential customers raised when declining your proposed solution? ie: Why didn't they like the fact that the end-user has to pay? Is there a way to shift that cost elsewhere while maintaining the integrity of the system? Have you listed all of your assumptions with that solution and thought of ways to test and prove/disprove each one?
jyu 16y ago
Could you do something like Amazon, where they preauthorize the charges before the ship, and then actually bill when the items arrive? This may be something you want to specify this with processors before you get a merchant account.
- dangrossman 16y ago
  Running a preauth that you don't intend to capture (or won't capture in a reasonable time frame) is a violation of the card association operating regulations and will result in abuse fees, and if continued, loss of your merchant account.

by jawns 16y ago

lionheart 16y ago

It would still be useful, even if 100% free. Its the hurdle or having to keep setting up accounts with different credit cards. And the very strong psychological aspect of having to fork over some real, identifying information to a website in order to comment. I think this would really make people behave much better. Its a good idea. I'd encourage you to look into it more.

ahizzle 16y ago
Agree that you should pursue this one harder... You have a nice "inside track" by already being in the industry... and it's quite likely that you're very passionate about this topic, which will come through once you... ...Consolidate your pitch to more tightly communicate the opportunity, the problem in solving the opportunity, and how your product fixes that problem. (Preferably in a way that works better than existing solutions/semi-solutions. ;) Remember, you've got to put your salesman hat on when making your case for a product like this. What was the principle objection your potential customers raised when declining your proposed solution? ie: Why didn't they like the fact that the end-user has to pay? Is there a way to shift that cost elsewhere while maintaining the integrity of the system? Have you listed all of your assumptions with that solution and thought of ways to test and prove/disprove each one?

jyu 16y ago

Could you do something like Amazon, where they preauthorize the charges before the ship, and then actually bill when the items arrive? This may be something you want to specify this with processors before you get a merchant account.

dangrossman 16y ago
Running a preauth that you don't intend to capture (or won't capture in a reasonable time frame) is a violation of the card association operating regulations and will result in abuse fees, and if continued, loss of your merchant account.