[10918] in Commercialization & Privatization of the Internet
Re: Factoring? (was Re: Billing on the net)
daemon@ATHENA.MIT.EDU (Bruce Gingery)
Mon Mar 14 14:52:16 1994
Date: Mon, 14 Mar 1994 07:48:38 -0700 (MST)
From: Bruce Gingery <lcbginge@antelope.wcc.edu>
To: Barry Shein <bzs@world.std.com>
Cc: nelson@crynwr.com, brad@looking.clarinet.com, com-priv@psi.com
In-Reply-To: <199403130152.AA06659@world.std.com>
On Sat, 12 Mar 1994, Barry Shein wrote:
>
> >From: Bruce Gingery <lcbginge@antelope.wcc.edu>
> > This raises one question that has been bothering me for a while. Just
> >what is the difference between "factoring" as described here and the
> >various Telco's billing for 976 and 900 services -- other than the sheer
> >fiscal mass of the participants?
>
> I wouldn't cast off the sheer fiscal mass so quickly. It's a credit
> relationship, and I suspect the telcos have reasonable credit
> standings.
>
> > Seems to me that it's just one more case of "them that has the money is
> >them that has the power".
>
> Rather common in credit situations, no?
Yep, more than common, darn near universal. Now if we could only get
business practices etc to line up with "fiscal mass". At the moment
credit ratings have more to do with the weight of a legal department than
proper service. Same service from a small vendor as that provided by a
major vendor, even if priced better by the small vendor, will generally be
"legalized" out of existance.
My two cents worth
Bruce Gingery lcbginge@antelope.wcc.edu
