Gift cards or prepaid visa maybe
Ask HN: What is the best way to pay users?
21–27 of 27 posts
Re: Ask HN: What is the best way to pay users?
#22Earlier quoted context omitted.
For context, average payment in the low hundreds.
What does that have to do with ghettos?
Not him, but I’d say the user experience is awful compared to others and your money isn’t safe. They hide lots of useful things, they can steal your money any time, and it feels extremely mentally taxing to deal with issues like them randomly breaking things or locking your account. It’s comparing a modern iPhone to the first edition of android, so much work, so slow, so unnecessarily complex to do simple things like unlock your account when they lock it randomly.
Re: Ask HN: What is the best way to pay users?
#23This one looks interesting...based on Hedera Hashgraph: https://dropp.cc
uses both $USD and Crypto.
Only potentially bad? thing I see is the use of a proprietary wallet. It would be so much better from a consumer standpoint if they would all agree to a few standard wallets merely for ease of use and not having to having 20 or 30 different ones.
Re: Ask HN: What is the best way to pay users?
#24Might be overdone for your usecase, but you can check out Stripe Treasury.
Thanks, it looks like it could work really well for us. I'm checking it out now. There's also a discussion here: https://news.ycombinator.com/item?id=25289796
Re: Ask HN: What is the best way to pay users?
#25Maybe discount their monthly payments? If that's your customer model.
Thanks, but this group of users don't pay anything to us so there's nothing to discount against. Good idea though.
Re: Ask HN: What is the best way to pay users?
#26Gift cards or prepaid visa maybe
Yes, the prepaid visa is something we've looked at although the payments to users are recurring so we really want time to be able to store ongoing payments as a balance and then transfer to their own bank account whenever they want.
Re: Ask HN: What is the best way to pay users?
#27This one looks interesting...based on Hedera Hashgraph: https://dropp.cc uses both $USD and Crypto. Only potentially bad? thing I see is the use of a proprietary wallet. It would be so much better from a consumer standpoint if they would all agree to a few standard wallets merely for ease of use and not having to having 20 or 30 different ones.
Thanks, as you say the issue with this is the need for a proprietary wallet to receive payments as this will add a fair amount of friction to the process.