[10869] in Commercialization & Privatization of the Internet
Factoring? (was Re: Billing on the net)
daemon@ATHENA.MIT.EDU (Barry Shein)
Sun Mar 13 01:35:10 1994
Date: Sat, 12 Mar 1994 20:52:39 -0500
From: bzs@world.std.com (Barry Shein)
To: lcbginge@antelope.wcc.edu
Cc: nelson@crynwr.com, brad@looking.clarinet.com, com-priv@psi.com
In-Reply-To: Bruce Gingery's message of Sat, 12 Mar 1994 13:41:05 -0700 (MST) <Pine.3.05.9403121357.B1757-c100000@antelope.wcc.edu>
>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?
-Barry Shein
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