7 ms·

Ask HN: Best way to collect payments under 3$?

17 points by ziko 12y ago

Which service to use if you intent to primarily collect payments under 3$? Needs to be able to collect payments from all over the world, not just the US.

weddpros 12y ago
Paypal has Micropayments, 5% + $0.05 USD per transaction http://www.ebay.com/gds/Micro-Payments-On-Paypal-HOW-TO-SETUP-05-transaction-/10000000002350945/g.html http://www.ebay.com/gds/Micro-Payments-On-Paypal-HOW-TO-SETU...
maouida 12y ago
Check out Skrill (formerly Moneybookers).
- Avalaxy 12y ago
  Why? Their rate is 3.9% + €0.35 for non-european merchants and 2.9% + €0.25 for european merchants. That's not exactly cheap. Do they offer a service I don't know about that makes them better suited for small payments than Stripe, Balanced or BrainTree?
  - maouida 12y ago
    I didn't know about their high fees. But I know they have a good international money transfer support. I used them for personal financial transactions for 4 years and found them very good.
sunshinerag 12y ago
How about bitcoins? * Very low transaction cost * International Transfers is same as local transfers. Suggest to read up more about pros/risks before proceeding.
thatthatis 12y ago
I think amazon payments has special terms for this kind of thing
- plusbryan 12y ago
  Yes they do (this was news to me). For Transactions < $10: 1.5% + $0.01 for Amazon Payments balance transfers 2.0% + $0.05 for bank account debits 5.0% + $0.05 for credit card They also appear to support payment aggregation, which is another method of making micropayments via credit card profitable. https://payments.amazon.com/help/Amazon-Flexible-Payments-Service/Flexible-Payments-Service-FAQ#suse_micro https://payments.amazon.com/help/Amazon-Flexible-Payments-Se...
iamwithnail 12y ago
In Europe, the answer is probably GoCardless. Depends what kind of payments though - if it's card type payments you need, (I.e instant, fore commerce type stuff), then not, but subscriptions, most bills/invoices, absolutely GoCardless.
crb002 12y ago
The solution in Iowa is Dwolla. http://www.dwolla.com http://www.dwolla.com
sarvagyavaish 12y ago
Square Cash - https://square.com/cash https://square.com/cash

17 points by ziko 12y ago

Which service to use if you intent to primarily collect payments under 3$? Needs to be able to collect payments from all over the world, not just the US.

weddpros 12y ago

Paypal has Micropayments, 5% + $0.05 USD per transaction http://www.ebay.com/gds/Micro-Payments-On-Paypal-HOW-TO-SETUP-05-transaction-/10000000002350945/g.html http://www.ebay.com/gds/Micro-Payments-On-Paypal-HOW-TO-SETU...

maouida 12y ago

Check out Skrill (formerly Moneybookers).

Avalaxy 12y ago
Why? Their rate is 3.9% + €0.35 for non-european merchants and 2.9% + €0.25 for european merchants. That's not exactly cheap. Do they offer a service I don't know about that makes them better suited for small payments than Stripe, Balanced or BrainTree?
- maouida 12y ago
  I didn't know about their high fees. But I know they have a good international money transfer support. I used them for personal financial transactions for 4 years and found them very good.

sunshinerag 12y ago

How about bitcoins? * Very low transaction cost * International Transfers is same as local transfers. Suggest to read up more about pros/risks before proceeding.

thatthatis 12y ago

I think amazon payments has special terms for this kind of thing

plusbryan 12y ago
Yes they do (this was news to me). For Transactions < $10: 1.5% + $0.01 for Amazon Payments balance transfers 2.0% + $0.05 for bank account debits 5.0% + $0.05 for credit card They also appear to support payment aggregation, which is another method of making micropayments via credit card profitable. https://payments.amazon.com/help/Amazon-Flexible-Payments-Service/Flexible-Payments-Service-FAQ#suse_micro https://payments.amazon.com/help/Amazon-Flexible-Payments-Se...

iamwithnail 12y ago

In Europe, the answer is probably GoCardless. Depends what kind of payments though - if it's card type payments you need, (I.e instant, fore commerce type stuff), then not, but subscriptions, most bills/invoices, absolutely GoCardless.

crb002 12y ago

The solution in Iowa is Dwolla. http://www.dwolla.com http://www.dwolla.com

sarvagyavaish 12y ago

Square Cash - https://square.com/cash https://square.com/cash