Donate SIGN UP

Why won't online sellers take Electron cards?

Avatar Image
saxy_jag | 21:34 Wed 30th Jul 2008 | Business & Finance
1 Answers
I don't have a credit card and I don't have a current account. All I do have is a very long credit blacklist, so all I've got is an Electron card linked to my basic bank account (which doesn't have an overdraft facility). I'm sure there are thousands (if not millions) of people out there in the same situation, so why won't some online sellers let me buy from them using Electron? Does it cost them more or something?
Gravatar

Answers

Only 1 answerrss feed

Best Answer

No best answer has yet been selected by saxy_jag. Once a best answer has been selected, it will be shown here.

For more on marking an answer as the "Best Answer", please visit our FAQ.
Retailers pay a fee for the electronic authorisation of cards. Since (unlike normal Visa cards) all Electron transactions require electronic authorisation, many (possibly most?) online traders won't accept them.

An alternative, which may suit you, is to use a pre-paid card:
http://www.moneyexpert.com/Search/CompareCredi tCardsPrepaid.aspx
(If 'Type' on that page shows 'Travel', use the drop down menu to change it to 'Adults' or 'Everyday Money').

Chris

Only 1 answerrss feed

Do you know the answer?

Why won't online sellers take Electron cards?

Answer Question >>

Related Questions

Sorry, we can't find any related questions. Try using the search bar at the top of the page to search for some keywords, or choose a topic and submit your own question.