AVR-Chat

maybe the following is a little OT ?
 
Well, a little say on 'business world' transactions:
 
usually,  'business people' are buying and selling in 'large volume' say,
transaction of at least US$2,000 etc...
 
Usually they use normal bank to send out money using T/T,
and the corresponding banks in each side pays the respective
bank charges etc...    Usually it is from US$20, US$30 etc...
 
For 'little shipment', usually they use Fed.Ex etc..., which cost
another US$30 etc...
 
But, considering the larger transaction amount of US$2,000 and
more etc...,  then, such overhead cost could be justified etc...
 
So, obviously the logistic business people are making a lot of
money, as well as the 'finance' people like the banks, paypal,
westernunion...
 
 
One more payment method for even large transaction is usually
Letter of Credit, which is meaningful for amount of over US$50,000
and so on...
 
 
Thanks !
 
Jo Zen
 
 
 
 
 
 
 


Peter Gargano <peter@techedge.com.au> wrote:
Re: [AVR-Chat] Atmel ICs from Jo Zen (was Re: ATmega128 on eBay)

Graham Davies wrote:
> However, I took a look at Western Union and I don't like the service 
> they're offering.

Western Union ... Agggh.

Someone sent me a Western Union money order, the paper form (they 
purchased from a 7/11 store in the US), not the electronic 10 digit 
number variety. No-one in Australia can use it outside of a 4 week 
verification process and having to turn up in person at a bank, and pay 
a commission too!

This is the 21st Century - Dinosaurs like Western Union will die!

PayPal - now there's another dinosaur waiting to die unless they realise 
the world doesn't pivot on the US $. My real PayPal costs, after they 
give me a shithouse exchange rate to AU$ and after they charge me a 
cross border transaction fee (what bullshit!), is at least twice the fee 
they advertise (6 to 7%).

Credit cards - don't get me started ....

Peter

(BTW, please excuse my french)








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