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If we're going to believe this website, looks like Apple will let you keep $3 more per $100 than PayPal and $11.50 more than credit card processors, assuming a
by danilocampos 16y ago
If we're going to believe this website, looks like Apple will let you keep $3 more per $100 than PayPal and $11.50 more than credit card processors, assuming a $1 subscription fee like The Daily's:
http://feefighters.com/paypal-calculator http://feefighters.com/paypal-calculator
Maybe regulators should probe those guys.
(Credit to @schwa on this one: https://twitter.com/#!/schwa/status/38676753316708352 https://twitter.com/#!/schwa/status/38676753316708352 )
- trotsky 16y agoIt is interesting how the micropayment zeitgeist has evolved - Micropayments are not possible because fees and rakes amount to unsustainable cuts - In some specific verticals (self published, digital) some micropayments are able to thrive despite the large cuts. - Platform provider responds to those verticals by enforcing a micropayment fee structure on any transaction size
- jonbro 16y agoI think that the way to deal with micropayments is to sell them in bundles, like xboxlive points (MSDollars?). I could see amazon getting behind this with other platforms. Having your own currency is really nice for lock in, etc.
- notahacker 16y agoPayPal doesn't require you to offer them as a payment option though if you want to be installable on the tablet with ~75% market share though, so you can get a merchant account with a ~20% fee instead.