[asterisk-biz] International DID provider and wholesale A-Z termination and Dedicated servers supporting moneybooker

[Nasir Iqbal]

Thanks for feedback ,

Just planning to start voip business and  regarding wire transfers here in
pakistan, it takes time and I have to visit bank personally so just looking
an alternative payment methods

Regards

On Sat, Aug 14, 2010 at 8:10 AM, Alex Balashov <abalashov at evaristesys.com>wrote:

> On 08/13/2010 05:16 PM, Bret McDanel wrote:
> > On Fri, 2010-08-13 at 17:04 -0400, Alex Balashov wrote:
> >> On 08/13/2010 04:49 PM, Bret McDanel wrote:
> >>
> >>> It is weird that there is a higher processing overhead for a paper
> check
> >>> (cheque to people on other continents) yet that incurs no cost whereas
> a
> >>> wire has much lower processing overhead and its often much more
> >>> expensive.  Almost like people in this country are being steered to use
> >>> the ACH system one way or the other.
> >
> >> As a tiny company, we really can't afford to do it any other way, from
> >> a cash flow perspective.  I'm sure there are many others here in the
> >> same boat.
> >
> >
> > That is a different issue
>
> I agree with your points about ACH vs. wire.  However, I don't think
> this is really a different issue, from the vantage point of the
> overall topic we're discussing.
>
> The cash flow constraints of (very?) small businesses often engender
> an experience of paper checks as a high-cost, high-overhead, high-PITA
> phenomenon in ways that are economically irrational from a purely
> quantitative perspective.
>
> But the incentives are very different with a small company than a
> midsize or large one.  Larger companies don't really operate directly
> from cash;  expenses are paid from revolving credit facilities or
> reserves, and in any case, without particular regard to cash income at
> any given moment per se.  Revenue and expenses are somewhat abstracted
> from each other, rather than being tightly coupled in a time-sensitive
> way.  Bills are paid and payments are collected on more or less 30 day
> terms, and sometimes much more than that, and from a financial
> governance perspective, accrual is what matters.
>
> So, it's almost as if the entire process of concrete money actually
> changing hands per se were a minor technicality, rather than a central
> theme of the company's ability to continue operating.  Everyone will
> eventually get their checks in the mail, and the schedule on which
> that happens is largely a function of process and accounting people's
> workflow on both sides.  Neither side is overly concerned about it, as
> long as the payment is made at some point within the required terms,
> in principle.  The ability to keep the lights on isn't a function of
> the contents of the treasure chest except in the broadest sense possible.
>
> The point - and what makes it relevant to this discussion - is that
> the economics of transacting payment depend on who you're dealing
> with, and mainly their size.
>
> --
> Alex Balashov - Principal
> Evariste Systems LLC
> 1170 Peachtree Street
> 12th Floor, Suite 1200
> Atlanta, GA 30309
> Tel: +1-678-954-0670
> Fax: +1-404-961-1892
> Web: http://www.evaristesys.com/
>
> --
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-- 
Nasir Iqbal

ICT Innovations
http://www.ictinnovations.com/
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