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by walterbell 4029 days ago
More details about Pinterest's Buy Button: http://techcrunch.com/2015/06/02/pinterest-unveils-buyable-p...

"There is no fee for buyers and merchants .. Users can pay with a credit card or with Apple Pay."

Yesterday's article: http://techcrunch.com/2015/06/01/pinterest-buy-button/

"big brands pass [Pinterest] pieces of data such as price that are shown on their Pins of products which they hope users will repin ... partners could soon push more data into the API, which could “enable pretty sophisticated experiences” like multi-product Buy buttons ..

.. With a single tap, you could buy all [recipe] ingredients at once, have them delivered, and start cooking what you discovered on Pinterest 45 minutes later ... you could find a lamp on Pinterest and instantly add it to your Amazon Wish List thanks to a “Wish List” button powered by data Amazon sends to the Pinterest API."

1 comments

> "There is no fee for buyers and merchants .. Users can pay with a credit card or with Apple Pay."

So only a Stripe fee, if you use Stripe.

So how does Pinterest make money on this?

Perhaps they'll split the fee with Stripe in exchange for being the processor.