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I really appreciate this approach. I thought about charging a low rate of $1/month, but with Stripe processing fees of $0.30 + 2.9% and Memberful fees of 4.9%,
by jimkleiber 6y ago
I really appreciate this approach. I thought about charging a low rate of $1/month, but with Stripe
processing fees of $0.30 + 2.9% and Memberful fees of 4.9%, I was going to be charged something like $0.38, leaving me $0.62 per $1.00 transaction.
Have you found a way around this or just accepted the essentially 38% tax on those $1 monthly transactions?
- jimkleiber 6y agoUPDATE: The Ardour community says they use PayPal because of the micropayments rate [0], which PayPal says is 5% (6% for crossborder transactions) + $0.05 USD per transaction [1]. [0] https://community.ardour.org/about_subscriptions https://community.ardour.org/about_subscriptions [1] https://www.paypal.com/gf/smarthelp/article/How-can-I-update-my-payment-preferences-for-micropayments-FAQ1691 https://www.paypal.com/gf/smarthelp/article/How-can-I-update...
- riquito 6y agoOn mobile, do you also have to give to the app store 30% of $1 for each subscription?
- jimkleiber 6y agoOh goodness, I have no idea. I was doing it through a web page, but I could imagine if I turned it into an app, the app stores might charge for it. They may even charge for it for accessing the website, but I doubt it.
- judge2020 6y agoBased on the saga from Epic and Floatplane[0], if your product is digital or mostly digital, Apple will enforce IAP purchasing which is a 30% cut to Apple. If it's something mostly physical, like packages or food delivery, you are allowed to implement your own CC processing screen. You also can't link to your website via any means if you can subscribe via the website. Even support articles can't link to the main website. 0: https://youtu.be/WzQw3kEbEio https://youtu.be/WzQw3kEbEio
- jimkleiber 6y agoJust to clarify, what you're saying above applies to apps that are distributed through the iOS App Store, correct? In other words, all of that does not apply to websites that have no presence in the App Store and are just accessed through browsers, right? I mean, I sure hope so :-D
- judge2020 6y agoYa, this only affects distributing an app via the App Store.
- jmull 6y agoApple charges 30% the first year of a subscription and 15% after that.