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On the other hand, microtransactions are horrendously expensive due to fixed per-transaction fees (at least using credit and debit cards), so some business mode
by lxgr 10mo ago
On the other hand, microtransactions are horrendously expensive due to fixed per-transaction fees (at least using credit and debit cards), so some business models are simply not viable without stored value cards or accounts.
- Workaccount2 10mo agoIt's totally viable and trivially possible to just payout earned interest to these accounts. You can still issue giftcards, it's just no longer passively profitable to do so.
- lxgr 10mo agoIt's probably nontrivial anywhere interest income is taxed, but even more so in the US with its non-flat interest tax scheme (it's taxed as ordinary income at the federal level, with an income-dependent rate).