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Re: codes4real post# 218275

Monday, 09/13/2010 11:54:54 AM

Monday, September 13, 2010 11:54:54 AM

Post# of 326388
I like the security of Cimbal's system, but they will have some difficulty trying to sell yet another payment system to retailers.

This doesn't involve a clearinghouse like Neustar. Cimbal acts as a broker between the customer and credit card processor. The interesting twist is the broker would normally be between the retailer and credit card processor.

Downside is this is a slow process that is dependent on a communication link that retailers don't control. IT will have an issue with that.

Could work with the right retailer but I don't see if for high volume like grocery, pharmacy or big box.

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