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Good 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 y
by zeroxfe 8y ago
Good 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.