I have just received a copy of GSQ and am enjoying the information. However, in reading the "Payment Method Access" section, I wondered how the term "debit card" is defined for these statistics.
Does "debit card" imply off-line signature based point of sale authorization capability, and/or on-line PIN based authorization capability? I assume that "ATM card" refers to cards that only access cash machines and have no point of sale capability.
Thanks in advance for your reply and keep up the good research--it is very interesting reading.
Charlie Reynolds
Director, US Consumer Products
MasterCard International
Dear Charlie:
Our survey did distinguish between ATM and debit cards. This consumer survey was conducted over the phone, therefore the distinction was determined by whatever the consumer understood his/her card to be. The data reported in "Payment Method Access" is the "debit card" data collected. We did not attempt to determine "on-line" versus "off-line" transactions.
Thank you for your positive comments. I'm glad you found it to be interesting. The next GSQ, which will be published in November, is a report on Merchant Bankcard Acquirers. I'm sure you will find it equally interesting.
Good Selling!
Paul Green
Editor-in-Chief
To Greensheet:
I am sure you have written articles or done surveys on selecting the right lease company and making sure it is reputable. Is there a listing of who those might be? Is there a list of lease companies for ISOs? I have looked at the Resource Guide and contacted many of those listed. However, I am concerned about being paid and making sure I choose the right one.
Can you help?
Thanks,
Steve
Dear Steve:
Yes, there are a number of very fine organizations listed in our Resource Guide, so I will not re-list their names and numbers since you have them. The list includes smaller organizations, which can offer a lot of personal attention, and huge organizations which have serious financial ability to grow. Ladco Leasing is worth mentioning within the context that you ask, since they were acquired by PMT, who itself was acquired by NOVA.
Good hunting,
Paul H. Green
Editor-in-Chief
To greensheet@greensheet.com:
I am confused. Is this [The Green Sheet ISO mall on-line] available to individual agent offices of an ISO, such as mine with CSI, or just to the ISO itself?
Thanks,
Gerry Croghan
Cardservice of Lake Washington
Dear Gerry:
If your upstream organization doesn't have a problem with you having a Web page, we sure don't. We only ask of you what we ask of everyone, we must list the organization through which you process bankcard transactions. If that is a registered ISO, then that is fine with us.
Good Selling!
Paul H. Green
Editor-in-Chief
To greensheet@greensheet.com:
Could you please send me a cover to keep my Green Sheets protected?
James
Dear James:
Complimentary Green Sheet binders are available to all Green Sheet subscribers. We will get one in the mail to you today.
Good Selling!
Paul H. Green
Editor-in-Chief
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