Micropayments for website owners
There seems to be a fair bit of discussion that micro payments don't seem to be a viable option of website owners.
I know with several popular services they tack on extra fees for cross border payments, foreign currency transactions, business versus personal account etc etc. And all the extra fees make it rather costly to accept an online payment of say 10 cents or 50 cents (as the fee still ads up to a significant percentage of the payment amount).
There is a new Canadian company that is about as close to a pure micro payment processor as you will find.
CashSender charges a 1.5% fee for all payment with no minimum. Doesn't matter if the payment is in Euros to a website owner in Europe from a customer in the US.
So if you sell an ebook download from your website for 50 cents, your fee will really be 8 cents. Just thought I would share this info.
I know with several popular services they tack on extra fees for cross border payments, foreign currency transactions, business versus personal account etc etc. And all the extra fees make it rather costly to accept an online payment of say 10 cents or 50 cents (as the fee still ads up to a significant percentage of the payment amount).
There is a new Canadian company that is about as close to a pure micro payment processor as you will find.
CashSender charges a 1.5% fee for all payment with no minimum. Doesn't matter if the payment is in Euros to a website owner in Europe from a customer in the US.
So if you sell an ebook download from your website for 50 cents, your fee will really be 8 cents. Just thought I would share this info.
Solomon Huey
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