3 ms·
What if you want to change processors? If you weren't storing the CC details, wouldn't you have to have customers enter all their details again? I imagine this
by kintamanimatt 14y ago
What if you want to change processors? If you weren't storing the CC details, wouldn't you have to have customers enter all their details again? I imagine this could cause a drop in revenues due to people either forgetting, procrastinating, or just not bothering.
It's never cool to be actually- or quasi-locked into a vendor.
- therealarmen 14y agoSaid processors allow you to export credit card data to another processor without having to store it yourself.
- jimktrains2 14y agoSome will let you export the data, but it's a hassle. They burn it to a DVD and ship it to you and you have to sign tons of stuff freeing them of any liability. Otherwise you just ask customers to re-authenticate. Often you have a few months headway for a switch like that.
- tomchuk 14y agoMost decent processors have processes in place for the transfer of CC numbers. I was involved with this process at a decent-sized magazine, it involved armed security, an encrypted hard drive in a locked container and millions of dollars of insurance. It's not an easy process, but is possible.
- kintamanimatt 14y agoSounds ... expensive.