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>We can't charge people, for instance, 30 cents per month (as in your example) - the fees or processing your card (or paypal payment) would be larger than that.
by sithadmin 7y ago
>We can't charge people, for instance, 30 cents per month (as in your example) - the fees or processing your card (or paypal payment) would be larger than that.
You can - you just need to eliminate the card processing from most transactions in these cases. Allow users to top up a balance with a minimum buy-in that meets your processing threshold, and decrement that balance as services are consumed.
This does require some degree of effort in terms of implementation and accounting, but it drastically increases the appeal of your service to small businesses and personal users.
- evilotto 7y agotarsnap does something like that - https://www.tarsnap.com/ https://www.tarsnap.com/
- pfranz 7y ago> This does require some degree of effort in terms of implementation and accounting I feel like you're really downplaying what would be involved. It is a great suggestion, but the effort to manage and implement doesn't sound trivial. Personally, the few systems that exclusively use this model drive me nuts. Instead of just paying for what I want I have to add to this account, then pay for what I want. For the business owner, they now have to account for and secure new account balances. At a large scale (Starbucks has $1.6 billion [1]), you can likely cover any additional regulatory and accounting costs and also make money. On a small scale it can be a liability that costs more than it brings in. [1] https://mobile.twitter.com/jp_koning/status/1160387043790413824 https://mobile.twitter.com/jp_koning/status/1160387043790413...
- sithadmin 7y agoDealing with customer accounts that carry a credit is a rather mundane and common bookkeeping exercise. Experienced accountants are unlikely to balk at such a suggestion.