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Hi folks -- co-founder Mo here. Happy to answer any questions about this. We've spent the last year building this platform, and done a ton of surveys and studi
by zeroxfe 8y ago
Hi folks -- co-founder Mo here. Happy to answer any questions about this.
We've spent the last year building this platform, and done a ton of surveys and studies to support the thesis behind the product -- users are fatigued by subscriptions, and ads are annoying.
The platform is also technically very interesting, and I'm happy to talk about that too.
- velcrovan 8y agoThere’s no explanation on your site anywhere (at least without signing up) but as a content creator what would my readers expect to experience with your service? Am I basically counting on people to go to your site, set up a new account, and load up their “wallets” with USD that can be semi-automatically siphoned off when they visit a Quid-enabled site?
- zeroxfe 8y agoGood question. There are no wallets, and users don't have to go to QUID to signup beforehand. One integrated, the payment flow is smooth -- they click pay on your site, it pops up a credit-card entry form, with an e-mail textbox for signup. Once verified, the goods are paid for and you get a signed receipt to deliver your content. (User's cards are charged after they hit a payment threshold.) More about it on our knowledge base: https://how.quid.works https://how.quid.works (Also good point, we'll make that clearer on our site.)
- epa 8y agoDoes Quid take risk on shoppers who never hit a payment threshold?
- zeroxfe 8y agoPartly -- we payout only captured fees, but carry chargeback and fraud risk. We're trying to find a balance between practicality and utility, and all this will evolve as we learn more.
- epa 8y agoSeems ripe for fraud, seller delivers and never gets paid due to threshold (one time shoppers). Good luck.
- diegorbaquero 8y agoNice, I like this model. As stated, this would be really useful to have in the site.