Hi, I have a web hosting company that specializes in cheap plans. Our most used plan is $0.99 - so my problem is that most online payment processors charge a fee $0.xx + a percentage from each transaction. For example, Paypal might take $0.35 out of every $0.99 transaction I make... which drastically hurts my business. Do you guys know of a solution to my problem? Switching to off-line payments would be impractical for my normally under $5 sales. I also do not want to move away from my $0.99 plan Thanks, Max OSHQ.com Hosting | Only Super High Quality
Anyway you need to pay a fee for online payment processors. Even if you use a payment processor that don't charge any fee between transactions, at last you need to pay the fee for getting money out. I suggest you change $0.99 to $1.99 and give more space in that plan! Because if you continue in this way you will only get headache to earn few cents for every sell. Anyway maybe there be a better way, Always there is a better way and I suggest you something. Good Luck!
This would work but it is explicitly prohibited by Paypal. You will know this if you read your contractual agreement with Paypal. https://www.paypal.com/us/cgi-bin/webscr?cmd=xpt/UserAgreement/ua/USUA-outside#receive-policy Basically what other web hosts do is to require one year prepayment for anything under $1 a month then for the higher plans, you can opt to accept monthly payments.
Thanks very much, eddy. Really sorry for the misleading information, and I think it's time for me to study the rules. Sorry. I'll delete the post.
I had the same problem for my hosting plan. I came up with this solution, guess you could implement the same. Offer the 1$ hosting rate, but with the condition that 6 months is mandatory. you can see www.spyroe.com for details.