4 ms·

Are you able to process payments as low as 1c and if so, aren't fees exceeding the amount charged?

• bayesian_horse 8y ago
  That screams blockchain, doesn't it? ;-)
  • supermatt 8y ago
    Does it? I thought even bitcoin had transaction fees.
    • gdhbcc 8y ago
      Sender pays them for the most part. You can get the receiver to pay, but its unusual and dependable on the receiver actively choosing to pay, so they can simply set a threshold
    • bayesian_horse 8y ago
      It was a joke. But you can use cryptocurrencies/blockchains to send messages, and you would use the proof of work to make sure the price is paid.
      • smt88 8y ago
        You can use messaging software to send messages and CC transactions to make sure the price is paid. Crypto/blockchain adds nothing to this scenario and creates headaches.
  • ndnxhs 8y ago
    Now you get a $30 fee on your 1c transaction
• pietrovismara 8y ago
  What if he waits to collect your payments until they reach a point where fees aren't exceeding them anymore?
  • vageli 8y ago
    Stripe allows you to do that?
    • keesj 8y ago
      Yes. They offer something called metered billing. You report usage, and only invoice once the customer hits a certain threshold or after a certain time period. (whatever comes first).