Quote:
Originally posted by Petr_A@Nov 17 2003, 08:42 PM
The problem with Premium SMS billing is that the telco gets 50-70% of the money. And that's simply too much.
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they only take 50-70%?! wow, that means we get to keep 50-30%?! That's an improvement on today's standards!
- no 200% payouts to webmasters
- no 10% processing fee
- no chargebacks, potential loss of merchant account and overnight downfall of business
- less everyday fraud from foreign cc's protecting your existing merchant facilities
- plus its a solution for the millions without cc access therefore opens up a new market
I don't really see the % as that big of a downfall even though it is definately on the high side
The bottom line isn't always the very bottom line ...
SMS everything is the way of the future so we'd better get used to it! jump on board or ... drown!