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ECommerce Credit Card Processing

Credit Card Processing Services

FUTURE: Credit Reporting and Inquiry Module? Using standard credit reporting interface as used by TRW, Equifax and TransUnion; offer an online database that would let people deliver debtor name and addressing, bank routing and account numbers, ID (Sales tax ID, Corp ID, SSN, Drivers License, etc), payment amount, days to pay, % invoice paid and other applicable data items. For subscriber fee ($0.50 per transaction that generates a match), registered SBE users would gain access to the online database to check credit status of people and companies. Each submission of a credit item would generate $0.50 credit that SBE user could use to make credit inquiries. Encourages each SBE user to enter their customer's bank code line (reasonably unique number) which then can be used for credit reporting and drafting purposes (if they get their customer's permission). Mips gets database which over time becomes valuable as generator of credit reporting subscription fees. We could sell subscribers prepaid electronic "cards" that give them X number of accesses. Could market on box the "free credit reporting service included for registered users". Easily undercut existing credit reporting agency costs (TRW, Equifax, TransUnion, Deluxe, D & B) This could all be facilitated with E-mail and parsing and a database, I imagine

All cards use luhn10 algorithm except Enroute

Card prefix and width:

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