2011 industry predictions.
-processor options can only tighten.
-Shops better be equipped to handle credit and credit pkgs. I see more closings, but this seems to be met with new replacement shops taking chances from just a skin site. I would say an offshore needs to anticipate 75/25 credit/post up business plan.
-Will pph fill in the gap for operators....I don't believe so.
My .02
-processor options can only tighten.
-Shops better be equipped to handle credit and credit pkgs. I see more closings, but this seems to be met with new replacement shops taking chances from just a skin site. I would say an offshore needs to anticipate 75/25 credit/post up business plan.
-Will pph fill in the gap for operators....I don't believe so.
My .02
No major changes. All of the major shops seem to have ways to process transactions.
I'd like to see a better transfer network. I'd also like to see books offer bonuses on transfers. Makes no sense to me why Book A will give me 20% if I take money out of Book B, have it wired to the U.S. and then sent to Book A, but won't offer the 20% if I transfer from B to A. You would think the books would want to decrease their US transactions - not increase them!
I'd like to see a better transfer network. I'd also like to see books offer bonuses on transfers. Makes no sense to me why Book A will give me 20% if I take money out of Book B, have it wired to the U.S. and then sent to Book A, but won't offer the 20% if I transfer from B to A. You would think the books would want to decrease their US transactions - not increase them!
I'd be happy to just see most books transfer with each other period. decent books like SIA and Phoenix
need to get into the loop with places like 5D, Betjam and MB. CRIS books need to drop excessive fees to
out.
I don't expect transfers to earn bonuses anytime soon. Smaller books seem riskier to me as time goes on.
need to get into the loop with places like 5D, Betjam and MB. CRIS books need to drop excessive fees to
out.
I don't expect transfers to earn bonuses anytime soon. Smaller books seem riskier to me as time goes on.
