Quote:
Originally posted by notjoe
I see, and i'm sure surfers would love to see the CC declined page along with an option to buy the exact same thing but at 20% more.
What if you went into a store and decided to pay with cheque but they decided to charge you 20% more, would you still buy it?
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Uhhh -- are you and I in the same business? You know, porn? Our customers aren't buying spaghettios, they're often making an impulse purchase. I am not the only one who's made $$ by offering a non-recurring membership for $10 more, for example, for the same length of time as a recurring membership and guys will pay $10 more just so they don't have to hassle with cancelling their membership. They will do the same thing for a different payment method too after being declined and that's their only option.
Lots of businesses charge more or less depending on the method of payment. Every heard of a cash discount? Ever heard of people paying buttloads of extra fees to buy concert tickets online when they could walk to a record store and get the same thing for $20 less?
Anyway, the point of what I was saying is that if people are worried about losing money because of the higher cost of processing for 123bill, it's not too difficult to pass that cost onto the consumers rather than completely dismiss the option altogether. It's also pretty easy to educate the consumer about why the cost is higher too. And it's a bonus for them too; that they get their porn NOW and can pay at their convenience within the 30 days or whatever.
Not trying to be a spokesperson for 123Bill, just being LOGICAL here.