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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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