Ask HN: Best solution to accept micropayments

2 pointsby mikerhoads15 anni fa2 comments

I was wondering what the best solution for accepting very small payments (lets say 1 dollar). I've looked at some of the bigger names and the results have been less than ideal, with the best possibility leaving me with only 78 cents of the original dollar.

Examples for 1 dollar - Wepay: 3.5% with 50 cent minimum = 50 cents Mpayy: 2% + 20 cents = 22 cents Google Checkout: 2.9% + $0.30 = 32.9 cents Paypal: 2.9% + $0.30 = 32.9 cents

Is there anything out there that offers a more optimal fee structure for 1 dollar payments? Can someone explain to me what the "behind the scenes" fees would look like for charging a buck on a visa or mastercard?

2 comments

fastspring15 anni fa

I'd look at PayPal's new micro-transaction service that has lower rates than listed above. See: http://venturebeat.com/2010/10/26/paypal-microtransaction-su...

tst15 anni fa

Maybe you could bill your clients to a fixed date. I could imagine that a lot of people spend more than just one dollar