Ask HN: Best way to collect payments under 3$?

#1

Post by ziko » Sun, Apr 20, 2014, 8:14 AM UTC

Which service to use if you intent to primarily collect payments under 3$? Needs to be able to collect payments from all over the world, not just the US.

Re: Ask HN: Best way to collect payments under 3$?

#2

Post by weddpros » Sun, Apr 20, 2014, 10:50 AM UTC

Paypal has Micropayments, 5% + $0.05 USD per transaction http://www.ebay.com/gds/Micro-Payments-On-Paypal-HOW-TO-SETU...

Re: Ask HN: Best way to collect payments under 3$?

#3

Post by maouida » Sun, Apr 20, 2014, 10:57 AM UTC

Check out Skrill (formerly Moneybookers).

Re: Ask HN: Best way to collect payments under 3$?

#4

Post by sunshinerag » Sun, Apr 20, 2014, 11:27 AM UTC

How about bitcoins?

* Very low transaction cost * International Transfers is same as local transfers.

Suggest to read up more about pros/risks before proceeding.

Re: Ask HN: Best way to collect payments under 3$?

#5

Post by thatthatis » Sun, Apr 20, 2014, 11:44 AM UTC

I think amazon payments has special terms for this kind of thing

Re: Ask HN: Best way to collect payments under 3$?

#6

Post by iamwithnail » Sun, Apr 20, 2014, 12:31 PM UTC

In Europe, the answer is probably GoCardless. Depends what kind of payments though - if it's card type payments you need, (I.e instant, fore commerce type stuff), then not, but subscriptions, most bills/invoices, absolutely GoCardless.

Re: Ask HN: Best way to collect payments under 3$?

#7

Post by Avalaxy » Sun, Apr 20, 2014, 1:03 PM UTC

maouida wrote: post #3

Check out Skrill (formerly Moneybookers).

Why? Their rate is 3.9% + €0.35 for non-european merchants and 2.9% + €0.25 for european merchants.

That's not exactly cheap. Do they offer a service I don't know about that makes them better suited for small payments than Stripe, Balanced or BrainTree?

Re: Ask HN: Best way to collect payments under 3$?

#8

Post by crb002 » Sun, Apr 20, 2014, 1:55 PM UTC

The solution in Iowa is Dwolla. http://www.dwolla.com

Re: Ask HN: Best way to collect payments under 3$?

#9

Post by plusbryan » Sun, Apr 20, 2014, 2:12 PM UTC

thatthatis wrote: post #5

I think amazon payments has special terms for this kind of thing

Yes they do (this was news to me). For Transactions 1.5% + $0.01 for Amazon Payments balance transfers

2.0% + $0.05 for bank account debits

5.0% + $0.05 for credit card

They also appear to support payment aggregation, which is another method of making micropayments via credit card profitable.

https://payments.amazon.com/help/Amazon-Flexible-Payments-Se...

Re: Ask HN: Best way to collect payments under 3$?

#10

Post by sarvagyavaish » Sun, Apr 20, 2014, 2:49 PM UTC

Square Cash - https://square.com/cash