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"Give up 30% of your profits . . ." Considering the huge # of apps priced @ $1.00 his math falls apart. If you're charging $1.00 and have even REASONABLE merc
by aresant 16y ago
"Give up 30% of your profits . . ."
Considering the huge # of apps priced @ $1.00 his math falls apart.
If you're charging $1.00 and have even REASONABLE merchant fees you're going to wind up shelling out $0.40 - 0.50 of every dollar to the merchant processor.
Even paypal is 1.9% - 2.9% + $0.30 USD for the bulk of transactions.
Not to mention access to millions of consumers, not to mention completely eliminating customer service costs, etc, etc, etc.
- masklinn 16y ago> If you're charging $1.00 and have even REASONABLE merchant fees you're going to wind up shelling out $0.40 - 0.50 of every dollar to the merchant processor. And that's without taking account hosting and distribution, as well as the handling (and forwarding) of feedback and crash reports
- portman 16y ago>> Even paypal is 1.9% - 2.9% + $0.30 USD for the bulk of transactions. Actually, we use PayPal's micropayments service, which is 5% + $0.05 USD. This is only $.10 out of every dollar to the merchant processor. https://micropayments.paypal-labs.com/ https://micropayments.paypal-labs.com/
- aresant 16y agoDid not know this - thanks for pointing it out - that's actually amazing.