|
|
|
|
|
by thegdb
5363 days ago
|
|
A company for whom $130 is significant today is not necessarily a company for whom $130 is significant tomorrow. One thing we want to do is lower the barrier to people trying out their ideas, and for those ideas that turn out well we've gained a large customer. For those that don't go well we (and our user) basically break even. And as well as being a home for the casual weekend project, we have a number of users processing millions of dollars a year. |
|
So, on that note, have you thought about setting up fees that scale better for larger companies? If you are doing two million dollars a year, PayPal's fees (for an example; PayPal is even a little more expensive than most processors, but are simply so far reaching it is hard to avoid them) will have dropped to 1.9% from 2.9%, saving $1666/month; at $10 million a year, this is enough for a reasonably high quality full-time employee.