4 ms·
While the idea of a free payment gateway might be enticing for businesses, you or the businesses you serve need to provide something equally enticing for the us
by tixocloud 9y ago
While the idea of a free payment gateway might be enticing for businesses, you or the businesses you serve need to provide something equally enticing for the users to go through the hoops of installing a Chrome extension. You'll need to figure out what the value is for the users - could it be lower prices? And if so, will the price be low enough for them to use this new method of payment? There are also other psychologies at play such as trust of the system, gaming the system, etc. that you will need to think it through.
Not saying it's not a good idea but there's a lot more to think about when it comes to payments.
- l5870uoo9y 9y agoVery valid concerns you raise. I am not sure I can answer them sufficiently, partly why I posted here. The primarily sales argument safe the ~3% transactions fee that many big payment gateways charge. In any case, it would properly only be offered as an alternative payment option besides the traditional. Will properly make a MVP and try pitching it to some users and see what the response is.