Quote:
Originally posted by AaronM
Of course it would force changes in business models. The smart people are already looking ahead at alternative billing methods.
From what I heard at the Amsterdam show, Europe is doing a similar thing through cell phones and it seems to be working OK for them. Some of the progams are billing daily by sending an SMS message to the member. If they accept then they are billed...If not then their memberships are cancelled.
Not the best solution as I see it but still a good option for them.
123Bill & DuoCash may turn out to be valuable options for that as well.
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What about ACH? The system was designed for high volume, low denomination recurring transactions.
Or do we have to raise our rate to 35% to get mentioned?
Personally, I see the micro-payment of content as a more viable alternative.