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NewNick · 12-02-2010, 04:25 AM

I have no axe to grind here, but there are quite a few interesting points in this thread, firstly to Robbie:

$43 on a $200 sale WOW.

That would cost me less than $12

$6.59 on a $29.99 again about $2 for me.

Sticking with your processor and not checking out whats available in the open market is costing you big time. I process with a major blue chip institution owned by one of the biggest banks in the world. Absolute 100% security on my money.
I pay 5.6% + 50c per transaction on my relatively modest turnover. Weekly payouts with no wire fee, and my merchant account has no upper limit on the transaction amount.

My second point is regarding micro payments and the perceived higher costs. The way to avoid this problem is by introducing a virtual wallet solution. You charge your customer a min of $10 which is converted into your virtual currency, he then spends the currency on whatever products you have, cams, video, dating etc. Fantastic for brands where you wish to cross-sell your customer to the other products and sites in your portfolio. The customer gets the micro-billing experience because each purchase is charged seperatley to his wallet.

You can also introduce a bonus system for those who are prepared in top up larger amounts e.g. top up $50 get $5 free.

Email promotions to your membership/email database such as "double your money" or "xmas special $5 free for every transaction" are easy to implement once you have your wallet system running.

Adding alternative billing mechanisms to your wallet is also easy. Lets say you want to add sms but you are scared of the percentages that the networks retain, you simply adjust the value of credits earned to reflect the payout you receive. The customer get the choice of payment mechanism, you retain your margin.

Finally to PR dave re porn.com TV. We produce live hardcore TV 24/7 with feeds available FOC to upstanding site owners such as yourself. Interactive TV quality free content which beats myfreecams om many levels including revenue generated.

If anyone has a serious enquiries about a TV feed for their site, or would like any advice on the other points my email is rampant 9 9 at g mail

12-02-2010, 04:25 AM
NewNick Confirmed User Join Date: Mar 2009 Posts: 7,033	I have no axe to grind here, but there are quite a few interesting points in this thread, firstly to Robbie: $43 on a $200 sale WOW. That would cost me less than $12 $6.59 on a $29.99 again about $2 for me. Sticking with your processor and not checking out whats available in the open market is costing you big time. I process with a major blue chip institution owned by one of the biggest banks in the world. Absolute 100% security on my money. I pay 5.6% + 50c per transaction on my relatively modest turnover. Weekly payouts with no wire fee, and my merchant account has no upper limit on the transaction amount. My second point is regarding micro payments and the perceived higher costs. The way to avoid this problem is by introducing a virtual wallet solution. You charge your customer a min of $10 which is converted into your virtual currency, he then spends the currency on whatever products you have, cams, video, dating etc. Fantastic for brands where you wish to cross-sell your customer to the other products and sites in your portfolio. The customer gets the micro-billing experience because each purchase is charged seperatley to his wallet. You can also introduce a bonus system for those who are prepared in top up larger amounts e.g. top up $50 get $5 free. Email promotions to your membership/email database such as "double your money" or "xmas special $5 free for every transaction" are easy to implement once you have your wallet system running. Adding alternative billing mechanisms to your wallet is also easy. Lets say you want to add sms but you are scared of the percentages that the networks retain, you simply adjust the value of credits earned to reflect the payout you receive. The customer get the choice of payment mechanism, you retain your margin. Finally to PR dave re porn.com TV. We produce live hardcore TV 24/7 with feeds available FOC to upstanding site owners such as yourself. Interactive TV quality free content which beats myfreecams om many levels including revenue generated. If anyone has a serious enquiries about a TV feed for their site, or would like any advice on the other points my email is rampant 9 9 at g mail __________________ "Americas Hitler" JD Vance. “There isn’t really an upside to Trump.” Tucker Carlson. “a convicted felon rapist is now your president” OneHungLow, gfy.com