You are not limited to this. you can do this if you want... you can do this normal way or in this advance way for dilute the 0.65c of payza.I didn't understand it as being limited to paying months in advance. However, as I said, if you were going to pay monthly, because of the prohibitive fees, I'd have a 3 dollar minimum. So in reality, you'd be saving money if I opened a 6 motnth for 6 dollars tier.
it should get better next month, if backer supports more creators, right? E.g. if backer supports 10 creators with $1 each, you get $10 in one transaction, it still costs you 65 cents extra, but since it's for 10 creators, you only need to send each 6.5 cents less. Or not?After the month in which you made your initial pledge, your payment is batched with your other existing pledges and charged at the same day the month.
That's actually a good question.@przewodo: One clarification, please. Sorry if I make complete mess of it. I don't know Payza, but their business model seem to be to get set amount plus percentage from each transaction, payed by whoever receives the money. To make it simple, forget the percentage plus chargeback reserve for now. When backer sends money to you, it costs you extra 65 cents. And since you're not running a charity, you then send 65 cents less to creators. If backer pays $1, creator will get only a fraction of it. But based of this in your Terms of Use:
it should get better next month, if backer supports more creators, right? E.g. if backer supports 10 creators with $1 each, you get $10 in one transaction, it still costs you 65 cents extra, but since it's for 10 creators, you only need to send each 6.5 cents less. Or not?
Each creator is one transaction. If you pledge 10 creators with $1.00, you will have 10 transactions of $1.00. It is not like an e-commerce that you place a bunch of products on your cart and pay for everything 1 time.@przewodo: One clarification, please. Sorry if I make complete mess of it. I don't know Payza, but their business model seem to be to get set amount plus percentage from each transaction, payed by whoever receives the money. To make it simple, forget the percentage plus chargeback reserve for now. When backer sends money to you, it costs you extra 65 cents. And since you're not running a charity, you then send 65 cents less to creators. If backer pays $1, creator will get only a fraction of it. But based of this in your Terms of Use:
it should get better next month, if backer supports more creators, right? E.g. if backer supports 10 creators with $1 each, you get $10 in one transaction, it still costs you 65 cents extra, but since it's for 10 creators, you only need to send each 6.5 cents less. Or not?
While I like this idea. This could put off some pledgers.Guys.. I did the math.. it it possible to use Payza and the creator gets 80% of income and we takes 20%, but will not possible to use pledges under $5.00. What do you think?
I wouldn't make it a lower limit, as I stated, I'd probably be willing to do the 66% you'd make (roughly) from a 3 dollar pledge. This is because I have a hard time asking for more than that. However, i'd have a $5 tier for people who wanted access to me, behind the scenes content, and maybe a poll or two to decide direction sometimes. Anyone who wanted to pledge more would be welcome.Guys.. I did the math.. it it possible to use Payza and the creator gets 80% of income and we takes 20%, but will not possible to use pledges under $5.00. What do you think?
Unfortunately, charges under $5.00 is impossible just because of the $0.65 fixed on their fee... I´m trying to find other payments but the fees is higher too...I wouldn't make it a lower limit, as I stated, I'd probably be willing to do the 66% you'd make (roughly) from a 3 dollar pledge. This is because I have a hard time asking for more than that. However, i'd have a $5 tier for people who wanted access to me, behind the scenes content, and maybe a poll or two to decide direction sometimes. Anyone who wanted to pledge more would be welcome.
All theoretical for now. But that's my 2 cents.
A lot of people don't want this, but what about a cryptocurrency?Unfortunately, charges under $5.00 is impossible just because of the $0.65 fixed on their fee... I´m trying to find other payments but the fees is higher too...
Again, the way that the rewards are implemented, you can make $6.00 each 2 months.. is the same as 3 per month. This can be configured as creators wishes. So, if the backer pledges this way, one month backer will be charged 6, other no and go on...
Someone mentioned that maybe use same payment method as Pornhub, but When I was finding out about it, I discover that the company have the same high fees. and they business model, because they don´t have to split payment, they don't care about it, because they get about 87% of full value that is paid to them.
I even thought to create some credits system inside. Let me explain.
- An backer makes an subscription on our website of $6,99. He will get 5 credits.
- The backer can use this credits to pledge any creator and use how many credits he wants. 1 credit to creator X, 3 credits for creator Y and 2 credits for creator Z.
- The creator will get the full credit for him.
- Each credit that the creator gets is equal to $1.00.
This way, if a backer wants to pledge more, he could subscribe for $19.99 for 15 credits, and this can be spend how he wants.
I can't make recurring payments with cryptocurrency.A lot of people don't want this, but what about a cryptocurrency?
I meant crypto.I can't make recurring payments with cryptocurrency.
What specific you say that people don't want? Credit system?
Yes.. I mean that. bitcoin, etheral, etc. cant make recurring payments with that.I meant crypto.
heh, I meant that there are people who don't like it. I get why you didn't use it.Yes.. I mean that. bitcoin, etheral, etc. cant make recurring payments with that.
Ahhhhhhhh, ok....heh, I meant that there are people who don't like it. I get why you didn't use it.
It's a possibility, but sounds like a lot of work. Here are some of the scenario.I even thought to create some credits system inside. Let me explain.
- An backer makes an subscription on our website of $6,99. He will get 5 credits.
- The backer can use this credits to pledge any creator and use how many credits he wants. 1 credit to creator X, 3 credits for creator Y and 2 credits for creator Z.
- The creator will get the full credit for him.
- Each credit that the creator gets is equal to $1.00.
This way, if a backer wants to pledge more, he could subscribe for $19.99 for 15 credits, and this can be spend how he wants.