Better Payment Technologies - More Direct, More Profit
All of these afforementioned services charge about a .30 transaction fee, plus 2 or more % of the total price.
I am interested in setting up an online digital music shop on my website devlindewittdonnelly.com.
Trouble is, if I choose paypal or even dharma merchant services to process payment for mp3 and other audio files, I will stand to lose a significant percentage of the price of the mp3's (.69, .99, 1.29) to cover the fees.
If I sell a song for .99, I will only stand to actually take in .66 or so.
Since financial information of this kind is digital information like any other, we could build a new system which allows to send exact amounts. So that whenI wire you $5, you get $5.
Do any of our esteemed warriors have any technical expertise in these areas of programming or know of any projects going on trying to help business people to reap in more of the money from their customers?
Thanks for any input.
-
Melody -
Thanks
SignatureOur first "Digital Yard Sale"! A massive PLR Blowout Sale to help a friend pay medical expenses.{{ DiscussionBoard.errors[802539].message }} -