Quote:
Originally Posted by Barry-xlovecam
We have our own internal micropayment system -- each customer has his own wallet and buys cam shows at varying costs. e.g.; cam credits per minute.
There are and have been companies that offered "wallets." One that I remember offered micro payments for porn.
I forget their name now, it was 5 years ago ...
This is an easy idea to implement but so far no one has succeeded in marketing the service -- several people have already tried this and failed ...
You cannot run small transactions through processors and VISA-Net -- the transaction charges would kill your profit -- you need to "load" a wallet and make the purchase from that. |
Oh yeah, cams as well.. I can't remember exactly but I think AVS's had something like this too.
We're setting up to do pre-loaded accounts, min of $20, so we can sell items for $1-$2 each. Even before an Affiliate, the processing alone kills the profit, then on once you stack them up per transaction, it's just not worth it without a pre-load. Good bit of extra work, but worth it on the right product(s).