Looking for < $5 payment gateway?

vmunich

Hello guys,

Would anyone recommend a payment gateway that would be good for transactions lower than $5?

Most of them charge $0.30 + 2.9%, and that takes out a nice part of the $5 already.

It's for an online game and most of the "items" bought cost $5 or less.

Thank you.

concerto49

Paypal micro transactions

tchen

Amazon payments is another with microtransactions.
And also humble store widget.

Silvenga

Google Wallet? OR Bitcoin. :P

rds100

Silvenga said: Google Wallet?

Didn't they close that one?

elwebmaster

bitcoin

MiniVZ

Bitcoin +1

mcmyhost

@rds100 said:

I think that was Google Checkout.

vmunich

What do you guys think about Authorize.net? They charge $0.10 per transaction.

AlexanderM

PayPal micro payments.

VictorZhang

I think Bitcoin is safe if you can sell the coins immediately after you receive it.

pechspilz

Safe is relative, depending on Bitcoin volatility.
And you have to factor in the transactional overhead for handling Bitcoins, selling them immediately once you receive them AND periodically transfer the money away from the exchange. As a seller, I'd never accept Bitcoins for micro transactions.

godong

@vmunich said:
What do you guys think about Authorize.net? They charge $0.10 per transaction.

Authorize.net charge more than $0.10 per transaction. It needs to be paired off with merchant account. You'll get close to 2.9% + 30c with them as well for online transactions.

MassNodes

https://bitpay.com/pricing

joepie91

@pechspilz said:
Safe is relative, depending on Bitcoin volatility.
And you have to factor in the transactional overhead for handling Bitcoins, selling them immediately once you receive them AND periodically transfer the money away from the exchange. As a seller, I'd never accept Bitcoins for micro transactions.

This has been a solved problem for the past 2 years. See https://bitpay.com/ and https://coinbase.com/.