View source tells me this uses Stripe. Stripe charges 2.9% + 30c, which leaves the owner with 66c, basically just 2/3rds. Pretty heavy.
Much better use case for lightning network.
Who paid 99¢?
31–40 of 46 posts
Re: Who paid 99¢?
#32Re: Who paid 99¢?
#33is there a list any where of these kind of internet novelty's and the speculation on their income? i think it would be really interesting to see how often these come up and if there is an ideal interval between these to grab maximum attention/profit. like http://milliondollarhomepage.com/ twitch plays pokemon etc..
That's a blast from the past. I remember that page generating buzz and filling up with ads.
Go there now and click on some of them. Seems 80% of them are parked domains now, and the rest have been transferred to businesses that may or may not resemble the original one.
Re: Who paid 99¢?
#34Re: Who paid 99¢?
#35I’m firing up a Kickstarter for Who’ll Pay $1.01.
"Paid".
"Will Pay" is a completely different business model here, a riskier one.
Re: Who paid 99¢?
#36I'm really curious to see how much they made
423 people as of now, so 420 dollars. I paid.
Obviously more than half will go to credit card companies.
Re: Who paid 99¢?
#37Should use lightning network for payments. No scammy credit card network fees.
Also at least 99.99% less potential customers, but hey.
Re: Who paid 99¢?
#38View source tells me this uses Stripe. Stripe charges 2.9% + 30c, which leaves the owner with 66c, basically just 2/3rds. Pretty heavy.
Per transaction fees in finance really suck. I struggle a little to understand why more merchants don't get rid of them.. as it still encourages cash for smaller transactions at shops. Really confuses me. I guess they are smarter than me.
I've never owned a store, but I imagine there have to be processors that charge only the percentage available to most states, even for small businesses. But maybe not?
I don't think the major EFPOS providers in New Zealand charge a per transaction fee, because most bars will let you ring up ever single drink individually if you want.
Re: Who paid 99¢?
#39Re: Who paid 99¢?
#40I’m firing up a Kickstarter for Who’ll Pay $1.01.
"Paid". "Will Pay" is a completely different business model here, a riskier one.
Yes. Yes it is. Your kickstarter commitment to this “worthy” cause is essentially saying you’ll be back with your $1.01 when we go live. And since $.99 was taken I had to go much higher.