Ask HN: Best solution to accept micropayments
2 comments
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...
Maybe you could bill your clients to a fixed date. I could imagine that a lot of people spend more than just one 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?