Re: FN-FORUM: HSBC payment provider - setup?
date posted 17th January 2006 17:01
> worldpay is a merchant service for those who do not have a merchant
> account, hence their ridiculous prices
yes, but with HSBC they're now looking at spending money (annually) on an
SSL certificate, plus much higher developer costs for setting up the forms
and scripts.
as their income from their online products is pretty low, i think they
should have investigated the various solutions before going down the HSBC
route, or asked my opinion.
their profits with worldpay are pretty marginal, but i think the HSBC route
will put them into the red in the short/medium term, considering the various
costs and their sales volumes.
cat