Money in the Bank
11
MONEY IN THE BANK AS QUICK AND CHEAP AS POSSIBLE THOMAS VANDE CASTEELE 11/12/2010
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A primer on the workings of Payment Service Providers
Transcript of Money in the Bank
MONEY IN THE BANKAS QUICK AND CHEAP AS POSSIBLE
THOMAS VANDE CASTEELE11/12/2010
WTF
?
PSP
collecting
1. One contract2. No hassle3. They keep your money4. Quick solution5. Often % of transaction
contract
€€€
processing
1. Several contracts2. More setup3. Money in the bank4. Often flat transaction fee
contract
€€€
Low %
Avg ticket: € 152% = € 0,3
Avg ticket: € 602% = € 1,2
Collecting1. No monthly fees2. Transaction fee in % +
often higher acquiring fees
Processing
1. Monthly fee € 40 - € 200+2. Transaction fees € 1 - € 0,2-
Small websites
contract
€€€
THE Future
Pay afterwardsCollect purchases1 login