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Posted to user@ofbiz.apache.org by "Scott." <Sc...@anglolimited.com> on 2007/09/26 00:21:00 UTC

Payment Type - Bill me later

Hi Guys,

Is anyone using Bill-Me-later to process any online payments? Here is some
of their info;

Customer selects Bill Me Later and provides minimal information.
When a customer selects Bill Me Later, they accept the terms and provide
minimal information at the point of sale - just date of birth and the last
four digits of their social security number. (On subsequent web purchases,
they simply select Bill Me Later.)

Authorization is submitted over the same network as credit cards.
The authorization is submitted and runs through the same scaled
infrastructure as credit card transactions because Bill Me Later has
partnered with the industry's largest payment processors and gateways.

Within seconds, a real-time credit decision at point of sale is returned to
the merchant.

Settlement is submitted and funded through the same network as credit cards.
Funding of sales is immediate through your processor and, in most cases,
transferred in the same deposit as your credit card sales.

Customer is billed through Bill Me Later.
Once a settlement is received, a bill is rendered and mailed to the
customer. Bill Me Later, Inc. bears all credit and collections risk for
authorized transactions.

Anyone have any experience with this?

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